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

To: sea_biscuit who wrote (9252)1/29/1998 1:59:00 PM
From: anthony karpati  Read Replies (1) | Respond to of 25814
 
I don't know about that Dipy. I was lucky enough to buy in at $20. Not too many shares. I owned this stock before and I could see it going back into the 30's. The techs have been beat-up the last few years and there time IMO is once again due. Barron's gave this stock a bright outlook. If Micron (MU) can go upto the mid-30's selling DRAM's, then I can't see LSI this low for too long.



To: sea_biscuit who wrote (9252)1/29/1998 2:03:00 PM
From: DavidG  Read Replies (1) | Respond to of 25814
 
Dipy

That might be an interesting limit order. The overhead resistance is at 25 1/4. If it breaks that, which i do not see happening yet, it may just have enough momemtum to carry it up to the 29-30 level.

Why not have a mental sell at 27, and wait and see if the volume drastically increase as LSI goes above 25 1/4. If it does then look out b/c LSI is breaking out to upside.

DavidG


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