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


To: E. Graphs who wrote (8444)12/14/1997 2:20:00 PM
From: uu  Read Replies (3) | Respond to of 25814
 
E:

> ...INTC? I think it needs a lesson from KO so it can end up like
G, or it's going to 40............and what then of LSI?


It used to be that LSI had a direct connection with MU's price performance. However within the past 8 months or so this connection has been changed to INTC! For every $1 INTC goes down or up, LSI goes down or up by about $0.4-$0.5. If this connection continues, if INTC goes to $40, then we can be certain that LSI can be bought in the $6-$7 range!

As I said before market is going from one extreme of overvaluation to an undervaluation! But this shall pass too! The one thing that I have become a bit concerned has been the volume with all high techs. Volume has increased dramatically and the price is dropping drastically. The big boys are running as if these companies are about to file for chapter 11. If so, are these big boys then planning to buy their shares during the going out of business sale!!

In this week's Barron's there is this con-artist (i.e analyst) who is predicting DOW to be at 4000 very shortly and basically is predicting that we have reached the end of the world and dooms day is just around the corner. So lets pack, go home and get ready and wait for the judgement day! I tell you, equity investing has increasingly become a dirty game in a jungle like environment! And perhaps the philosophy that Andy Grove and Bill Gates have followed "And only the paranoid survived!" is what the big boys of Wall Street have also come to adopt! Their paranoia to sell everything they have from the fear of SEA wrath continues their survivorship and eventually to more than just surviving by picking up the shares they sold in panic at much cheaper bargains! OR perhaps as this con-artist in Barron's is implying the end of the world is reached and these guys are selling to use the money for charity. So when the judgement day comes they wont be ashamed in front of the old mighty god!

Regards,

Addi Jamshidi



To: E. Graphs who wrote (8444)12/14/1997 9:44:00 PM
From: Duane L. Olson  Respond to of 25814
 
E! Be not concerned --somehow I had never learned to associate the term "whimper" with the Mystic One --- gloat, yes! --- whimper, no!!<gg>. Fearing to offer fodder for the former, nevertheless, the E! prediction that a classic double bottom was forming... appears true to this admitedly naive neophyte in the chart reading game... Just a little longer term....like back to 17? dlo
SO, new side bet: 18 before 22.. Offer good until 0600EST Mon.
//OK, so I rode G too long :-((..... and gave back all my profits....so: another side bet....let's see, it's around 100... I'll take 90 before 110 AND 80 before 120 AND 75 before 125 ((But NOT minus 10 before 210 :-) )) Let's see how much you REALLY like the G!!
TSO