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

To: frank/fla. who wrote (9114)	1/23/1998 10:02:00 AM
From: RFF	Respond to of 25814

Nice steady climb this morning. Think first trade was around $22 5/8 and has steadily climbed above $23. I like that action more than a big gap up to $24 and slowly giving it back the rest of the day. Think we could break $24 with the short covering and people trying to get in before its too late. Good luck to all!

To: frank/fla. who wrote (9114)	1/23/1998 10:51:00 AM
From: shane forbes	Respond to of 25814

I would not short LSI. Not much point (ie., limited potential gain). May go down with full scale semiconductor downdraft if all of a sudden CHINA dies or some such thing. But other than that, the momentum in the company is building, not waning. So I agree if anyone's shorting they can likely put their money to use elsewhere. Still I do find it difficult to see a sustained rally. 25 may happen like you say. But not much more and I still feel it will come back after that. Will give you this between say 23.5/24 and 27/29 not much resistance so perhaps I will be proven wrong.