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

To: DavidG who wrote (7920)	11/24/1997 1:14:00 PM
From: E. Graphs	Read Replies (1) \| Respond to of 25814

Hi David, LSI @23 5/8, down 1/4 pt on low volume ~1/2mil shares......I am fine with this. Looking at the support levels on the big charts, I've got the Naz at ~1530/support and ~1625/resistance, within a rectangle. I've got the Dow support at ~7700, and the S&P support at 940/45, both having broke out of ascending triangles. I was hoping that the Naz would break out of an ascending triangle as well, but it looks like we may be headed into a rectangle after all. We'll see by the close, I guess. E

To: DavidG who wrote (7920)	11/24/1997 3:17:00 PM
From: Duane L. Olson	Respond to of 25814

Hi, DG!! Thanks for the update on Delphi's reco.. Their "better than $2.00" for '99 should be a cakewalk, IMHO unless the world REALLY goes to pot.. I'm still holding a bunch of options on LSI, with some modest bear positions elsewhere, and still looking for a Dec bottom retest after the Nov rally. What is your view going forward? PS. Good to be back. But don't count on any great markets for too long.... unless this market break was an exception to the old rule that the bad news is never all out on the first cut... Happy Investing, David!! TSO