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


To: Franklin M. Humphreys who wrote (9058)1/21/1998 8:59:00 PM
From: Moonray  Read Replies (2) | Respond to of 25814
 
Beg pardon Frank but as the first alec to answer Denise:
Message 3222548
I think I did cover the sideways action, rather than
answering "yes".<g> On any pre-earnings day the probabilities
are definately aganinst "unchanged".

o~~~ O



To: Franklin M. Humphreys who wrote (9058)1/21/1998 9:08:00 PM
From: thomas hayden  Respond to of 25814
 
It was interesting that many of the chip companies, AMAT,INTC, NVLS, etc had good days while LSI was basically flat. There seems to be a lot of resistance for LSI between 22 and 23. I think people are preparing for the worst. So we maybe come in a little shy and trade down to 20 and start over. I think to get us out of this rut LSI's management will have to have some strong commentary that the book to bill is 1.10 to 1 or something along those lines. The next six months are the seasonally slow times for techs. I hope LSI's upper crust can put a positive spin on events or we could take on alot of water.