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


To: Duane L. Olson who wrote (8277)12/11/1997 12:35:00 AM
From: shane forbes  Read Replies (1) | Respond to of 25814
 
Briefing.com supporting the Evil One's one-time warning to TSO to be careful and watch out for events in the next couple of weeks:



Events over the past couple of days suggest that the tech sector is on the verge of a
widespread bear market... We expect a slew of additional earnings warnings to keep the
group on the defensive over the short- to intermediate- term... Given our increasingly
pessimistic outlook, we are removing all our favorites in the following industries:
Disk-drive (Quantum), Chip (Atmel, Cypress, Intel and VLSI) and Chip
Equipment (Applied Materials and Kulicke & Soffa)... While we are holding on to a
few of our favorites in the other sectors, investors holding long positions in these stocks
might want to consider hedging against additional downside risk.


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