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


To: E. Graphs who wrote (9343)2/2/1998 7:31:00 PM
From: Tom Caruthers  Read Replies (1) | Respond to of 25814
 
E. Graphs,

Even though LSI gapped up today (on a broker's upgrade and strong
international markets), do you really think that the close looked
all that strong? I am NOT a TA guru, but from what I have seen before, this break to the upside doesn't look particularly sustainable in the short-term. Although I'm long on LSI, I'm looking for the stock to fill the gap in the next several sessions. Seems lots of semis are overbought.

I hope I'm wrong !

Tom C.