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Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?


To: E. Graphs who wrote (7797)11/14/1997 6:18:00 PM
From: DavidG  Respond to of 25814
 
Hi E,

I am beginning to feel a little more comfortable with LSI performance in last couple of days. The chart is beginning to look like a classic
double bottom. Although it did not drop below 20 it doesn't always have to.

I too would like to see a little more volume here to give conviction to the pattern. With M.E. and SEA the MMs are moving with caution and may not want to hold too much over weekend. I remember the last ME crisis in 1990. Always got beat up over the weekend. I believe all the bad news is out and now some good news may be taking hold on LSI.
Sign of a bottom.

I liked the DVD postings and the CISCO beating out ASND in network server performance.

Really feel good from here. Better than Pre-earnings release era when good news just didn't prevent LSI from dropping

Good Luck Trading

DavidG



To: E. Graphs who wrote (7797)11/14/1997 6:31:00 PM
From: shane forbes  Read Replies (2) | Respond to of 25814
 
-- off topic --

E! This is in the twilight zone category. Call it Kissing Cousins Part II. Well let me start by pointing you to:

biz.yahoo.com

(FWIW - this kind of thing is very positive long term and further serves to keep those banker hounds at bay.)

But guess who once upon a time 17 years ago provided VC funding for a certain Zip drive company. You got it!

idanta.com

(I checked out their site: Get this. 1971 they started out with 8 million. Since then no more capital has been added. Their portfolio is worth 500 million today. They have also paid out 400 million in cash. How's a gain of almost 900 million on an 8 million original investment . Not too shabby. Shows the benefit of long term investing! (caveat: but they started out with tiny companies - so really long term investing with babies to begin with.))