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


To: Duane L. Olson who wrote (10056)2/23/1998 2:40:00 PM
From: shane forbes  Read Replies (1) | Respond to of 25814
 
RE: What are you using for a lead dog?

Call it the lack of cash. I was thinking that decision the other day when E mentioned to me that she had KLIC. Looks like I bought CTI and BORL around that time. Each respectively up 30% and 40%. So even though I missed KLIC's 40% these susbstitutes paid off all right. The problem is that KLIC likely has a lot of gas left - not so sure of CTI and BORL over the short term.

The other issue was to overweight the semis and underweight the semi-equips which has proven to be just brilliant...



To: Duane L. Olson who wrote (10056)2/23/1998 2:44:00 PM
From: uu  Read Replies (2) | Respond to of 25814
 
Duane:

Need your wisdom... I am planning to buy even more of LSI! However in your opinion how low do you think this thing can go. Should I wait for the $19-$20 again, or $24-$25 is perhaps as low as we can go? With everyone else going up nicely today and LSI staying behind (actually going backward) I wonder what exactly the perception is out there of LSI?!

Regards,

Addi Jamshidi

P.S - Everytime I look at ELNK I kick myself for missing perhaps the quickest, fastest and most gain I could have had in less than 2 months! Today it is at $53, my wife tells me if I had sold everything back last December and bought more of ELNk at $18 I could have retired today!! And just thinking about... well... you know how I must feel! But oh well... Anyway, Duane, can I ask your opinion on ELNK now (from a TA point of view) and do you think even today at $53/shr it still maybe a good buy? Heck if AOL can go that high with ridiculously high P/E, maybe ELNK can do so too! your thoughts are appreciated.