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

To: uu who wrote (10060)	2/23/1998 3:01:00 PM
From: Duane L. Olson	Respond to of 25814

Addi, Old Friend... I think the Moonray and E! have it nailed as regards this pullback....They both identified 24 as key points, and in checking the charts, I see that the lower Bollinger Band is coming in exactly at 24...so that seems a good consolidation target point. There is nothing I can see which indicates lower price points in the near term, Addi. You are aware, I assume, that I sold virtually all my LSI with the intent of picking it back up late this fall.. LSI's current growth cannot, in my current understanding, be rapid enough to justify an overweight of scarce cash.. I'm putting it into other prospects for faster prospective growth hoping to catch LSI this fall before an (expected) large move.. Hope this helps, Addi, O SLB! TSO

To: uu who wrote (10060)	2/24/1998 5:26:00 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 25814

OK, Duane answered it for you. IMO, though, you should wait for 19 or 20 because in the next month or so, a few other high-techs are going to preannounce and the news won't be all that cheerful (Btw, the Asian crisis is real!). The resulting downtrend can easily drag this down to 20 or even lower. Just wait for another month (say until the end of March) and see how things go. Anyway, this is IMO, FWIW and all that rot! I presume you will go ahead now and do the exact opposite of what I suggest!:-) Dipy.