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

To: sea_biscuit who wrote (9415)	2/3/1998 7:39:00 PM
From: shane forbes	Respond to of 25814

Since you guys are talking about trains, more plagiarizing from Briefing.com: Non-believers have to be getting nervous, as tech sector continued its upward march... Techs received another big boost from news that Morgan Stanley started coverage of the industry with a buy... Prudential also busy... Company started coverage of 7 chip stocks with buy ratings while adding Altera to its "Single Best Idea" list... Chip sector, which had already staged a dramatic recovery off its early year lows, added another 3.8%... Year-to-date the sector is up over 21%... Many analyst still see problems on the horizon, but clearly momentum investors are getting back on board... Recent rallies have not been kind to fence sitters and we expect this move to be just as rude... In other words, the bus (ed. me - train?) is leaving town - get on board now or miss the ride. ---- And later: With industry up over 20% off its recent lows, look for continued near-term gains as fence-sitters jump in for fear of missing the complete run... One look at chart of sector shows that industry is prone to big swings in both directions... Pendulum back on the upswing... However, Asia could still come back to bite group in the backside particularly if either Hong Kong or China devalue their currencies. ---