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


To: E. Graphs who wrote (10206)2/26/1998 10:08:00 PM
From: DavidG  Read Replies (1) | Respond to of 25814
 
E!

What disturbs me most is that SOX showed strength today and LSI did not follow as
well as I would have expected. It's such a crappy stock!


Wow, that is a quick turnaround.<g>

I sold most of my LSI earlier this week at 24 3/4 b/c it was looking too sickly for me. If volume picks up and we see some momentum behind LSI then I might get back in.

I see the next few weeks being a flurry of earnings warnings with a lot of complaints about SEA. It is just a good time to take a vacation and wait for it all to unwind. Then come in at lower prices and start all over again.<g>

I am just amazed at the performance of the NAZ and SOX. I guess some of this is IRA money.

DavidG



To: E. Graphs who wrote (10206)2/26/1998 10:09:00 PM
From: shane forbes  Respond to of 25814
 
E:

LSI is a long term play - unfortunately, I think that's the crux of it.

Earnings momentum is just not there. But's that's true of other companies.

Still LSI is (or was) operating at 80% capacity and that must count for something! I really don't think this has happened for quite some time.

I keep it not expecting much short term.

Perhaps we should have an article that abuses LSI in the same way that Fortune article abused ASND - that was the bottom. Of course no one is ever going to say LSI is dead because of its bright future... (ha!)