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

To: Bald Eagle who wrote (9611)	2/9/1998 8:39:00 AM
From: shane forbes	Read Replies (2) \| Respond to of 25814

Briefing.com summarizes things just the way they should be happening - good s/t bad i/t, or for LSI a chance to get to the low 30's ? and then dunk - tough to see a long term rally unless Asia is over and done with (let alone a possible war and the Presidential P thing): The tech sector's ability to rally Friday in the face of Qualcomm's shockingly bad news underscores the how completely market psychology has changed... Especially as it relates to the Asian crisis... Can you imagine how bleak trading would have been had QCOM made a similar announcement three or four weeks ago?.. From a short-term perspective there is only one way to read such a message - the rally still has legs... Look for the "five horseman of the apocalypse" - Compaq, Dell, Cisco, Microsoft & Lucent - to lead the sector to additional gains over the next few weeks... However, the casual dismissal of QCOM's warning; the arrogant contention that Asia's problems are largely regional; and escalating valuations indicate that this is a trading rally... Yes it's powerful, but don't confuse the current advance with the beginning of the next sustained uptrend.