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

To: Duane L. Olson who wrote (9968)	2/22/1998 1:54:00 AM
From: sea_biscuit	Read Replies (1) \| Respond to of 25814

IMO, this Korean crisis will also clear the stage for LSI. With the Korean companies almost going out of business and the Japanese companies having their own problems, LSI will probably have to deal with IBM and Lucent as its main competitors in the foreseeable future. As for VLSI (also known as "Virtually LSI"), it will continue to remain a couple of steps behind LSI, as always. As for the stock, to me it looks like we will get into the upswing over the next year or so. I am expecting that there will be a few anxious moments along the way which will take it down as far as 20 1/2, at which point I will be able to buy back the 25% of my holdings that I sold at 27... LSI shows all characteristics of a cyclical. One has got to sell it when it is making huge profits, and get back in when profits decline. Stubborn buy-and-hold tactics aren't the smartest way to work with this one. This is not a Johnson & Johnson to necessitate that sort of an approach. Dipy.