Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: getgo234 who wrote (9937)	2/20/1998 12:34:00 PM
From: shane forbes	Respond to of 25814

Getgo: I just had a look at the prices. Damn that's a lot of red... Not an expert here. But today is options expiration day - that may have some effect here. Whether the run in the SOX is over, I don't think so. I hope not. I have not finished milking this cow yet! Watch what INTC and the leaders do. They will likely determine market direction. No idea what caused VLSI to sink like a stone (that's why I thought it was OK to take some off the table there - it has risen the fastest of the 20 in Value Line I think. VLSI has a problem with communications area in SEA where I think the full impact is still not evident. Might last this q and maybe next. But good company.) ADI also has run up a lot the last couple of days. Probably needs to settle back a bit. The other thing to watch for is chip sales and for the semi-eqips BTB that should have come out this week and perhaps will come out today (likely not?). I expect semi-equip front end BTB to go down very heavily and the market may be interpreting this as a slowdown in end user demand which would explain the thunking in the semiconductor stocks. A lack of good demand (and excess capacity) is Kurlak's reasoning. Brieing.com reporting nothing other than ALTR upgrade. Finally maybe some profit taking. This is Friday after all. Sorry I could not be of more help. Been quite busy today doing other things.