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

To: uu who wrote (8575)	12/18/1997 3:13:00 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 25814

The analyst is Ralph Acampora(sp?). He is a big bull, and predicted a Dow 9000 by mid-1998. However, he is not saying any of the "sky is falling" stuff -- at least not today. He now thinks that the 9000 target will be reached by mid-1999 instead. Just like your target of 60 or 70 for LSI by Jan 1998. You would extend your time-frame for that target by one year too, wouldn't you? Now, does it make you a con-artist too? :-) I don't think so! Dipy.

To: uu who wrote (8575)	12/18/1997 3:46:00 PM
From: Bald Eagle	Read Replies (2) \| Respond to of 25814

<<It is only 342 days to the XMAS of 1998> What! I thought Xmas was coming quicker every year, but now there's a whole month less to go in 1998! <<When I graduated in Computer science from U of Minnesota back in early 94, I despised computer graphics with passion! Ironicly for the past 10 years or so my specialty has become to be in computer graphics>> OK, now I KNOW that computer science graduates can't count. You've been doing computer graphics for ten years since 1994?

To: uu who wrote (8575)	12/18/1997 6:17:00 PM
From: Duane L. Olson	Read Replies (2) \| Respond to of 25814

Addi, No I don't think we will see LSI down to 17 by Christmas. As you have seen, there is no significant increase in the price of LSI from the recent bottom, and nothing in the chart has said "Buy". (Will update chart view tonite).. It is interesting that the very severe decline in tech stocks has not affected LSI very much... if the stock is "washed out" there is a better chance that the next move is up. The announcement that the CBOE will issue "LEAPS" options on LSI beginning Dec 22 might be slightly helpful to LSI... because some investors will purchase the stock and sell covered LEAPS against the stock. See: biz.yahoo.com I spent the day buying AMAT, TER, LOR, VECO, VTSS, QWST, CTEC, AFFX, PKD, and a few others... I did not buy LSI. There is SOME chance that LSI could go significantly lower..but there doesn't appear to be that kind of selling pressure, IMHO.. I expect that I will buy some of the LEAPs on Dec 22 or thereafter.. Meanwhile, I feel that my capital is better used in other prospects than LSI right at the moment....Any modest rise in LSI is easily matched in other investments, I think. If you decide to buy some LSI here, it would appear to be a reasonable "value" play on a company that should have excellent long-term prospects.. I expect to buy more myself, probably next spring.. But not right now... Good luck on your investment decisions, Addi! TSO