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

To: C E D who wrote (8850)	1/7/1998 2:45:00 PM
From: RFF	Read Replies (1) \| Respond to of 25814

I've been buying today as well. Picked up the January 2000 $25 leaps for $6.375. The right to buy the shares for $31 (effectively) in January 2000 seems like a pretty good deal to me. All it has to do is gain back half its' loses from the high of $45 and I'll start making money (plan to exercise the options, not just trade them). The best part is I used 1/4 the capital needed to buy the actual shares. The two year time frame provides enough cushion that a fall back to $20 shouldn't hurt that much. Only bought about a quarter of what I plan to though - too much uncertainty in here to commit all the capital. Did anyone read the HDTV article in the WSJ today. Pretty downbeat about the prospects of any signigicant rollout in the near-term. How involved is LSI in this area?