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


To: shane forbes who wrote (10062)2/23/1998 3:44:00 PM
From: Tony Viola  Read Replies (1) | Respond to of 25814
 
Shane and Duane, I'm not predicting 17, by any means. But,
Duane said "what's the downside?" Being an engineer by trade, I worst cased it, and, remembering ~ 17 as a double bottom, 1996 through recently, hey, could happen again. Not likely, I know.

I originally bought LSI, when, thinking, I've got Intel, now, who else in the semis is a leader, good products, non-commodity, etc., etc. MU was all the rage, but, no way. So, I chose LSI. It looked awfully good for a while (to $46), has underperformed since. My $$ in INTC is about 7.5X my LSI, so no big deal if LSI stays down. Just hurts the ego more than the wallet.

Tony