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


To: shane forbes who wrote (9300)2/1/1998 10:47:00 PM
From: shane forbes  Respond to of 25814
 
Briefing.com's take on semiconductor stock price moves:

On the plus side, semiconductor stocks are among the best performers this year...
However, before getting overly excited by the group's performance to date it is important
to take a step back and look at the big picture... These stocks are still well off their recent
highs and continue to exhibit bearish chart configurations... And while there has been little
negative news from Asia over the past couple weeks, the region's problems are far from
over... One stock which does look poised for additional near-term gains is Analog
Devices... Stock broke key resistance late last week and is positioned for a near-term
test of the mid-30s... Intel, Texas Instruments, LSI and Micron have also made
impressive progress in recent weeks, though the pace of their recovery gains leaves a lot to
be desired... On Friday, BT Alex Brown started coverage of Analog Devices and
Texas Instruments with strong buy ratings, while initiating coverage of National Semi,
C-Cube and Intel with ratings of market perform.