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


To: DavidG who wrote (8038)11/30/1997 10:57:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 25814
 
David, I think it should be declared "cheating" to throw all that logic at scantily armed opponents <g>
But yes, here I sit, with all these options, expecting a retest of the lows -- specifically, down to 18 15/16. That retest may occur after a modest rally up above 27 (close at 26 15/16 on the day).
Furthermore, this prediction comes with a guarantee... I guarantee I said it.. Further, I guarantee I will avoid the subject when the TSO Contrarian Effect is once again felt.. Sigh.... the investment life can be so cruel. <g>
NOW..having disposed of that...lets all buy some stock tomorrow!! TSO (Ole!!)
P.S. or more options



To: DavidG who wrote (8038)12/1/1997 12:22:00 AM
From: john dodson  Read Replies (2) | Respond to of 25814
 
Very true. You really can't lose buying LSI now at $23 if you are
willing to wait up to 2 years for $50 no matter how low it dips.

However, knowing that would be of little consolation to me if I
bought at $23, then LSI says something about revenues weaker than
expected in this qtr, and we see $16. Or year end tax selling
gets carried away, as it often does, and LSI tanks below $20. I'm
not saying either will happen, but if either did, buying at $23
would be viewed in my book as a premature buy, which is my biggest
weakness!

Most likely, though, LSI will start making up ground pretty soon,
and I'll miss out like usual. 8-}

-John Dodson