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

To: Bald Eagle who wrote (9486)2/5/1998 11:22:00 AM
From: DavidG  Read Replies (1) | Respond to of 25814
 
Wisowl,

<< If I loose fifty percent on a one hundred dollar stock and then gain fifty
percent back I will be at seventy-five dollars, and if I then loose at fifty percent
of that and gain fifty percent back, I will basically be at fifty dollars.>>
NOT!, let's do the math.
50% of 100 = 50
150% of 50 = 75
50% of 75 = 37.5
150% of 37.5 = 56.25
56.25 is 12.5% higher than 50.
Anyway, what does this have to with LSI?

YIKES !!!

I DIDN'T SAY THAT!!!



DavidG



To: Bald Eagle who wrote (9486)2/5/1998 11:28:00 AM
From: E. Graphs  Read Replies (2) | Respond to of 25814
 
Wiseowl,

Think you might get your wish intraday(?)

FWIW IMHO LSI should not close below 25 3/16 no matter how low intraday, b/c we need to respect the breakout, otherwise not very bullish.

Should be interesting to see where this goes.

E


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