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

To: E. Graphs who wrote (11087)3/23/1998 11:32:00 AM
From: getgo234  Read Replies (1) | Respond to of 25814
 
Hi E:
What is your take on LSI's price action today ? Its great to see LSI
up a dollar but the volume seems light given what appears to be
an important news release for LSI. Your comments please.



To: E. Graphs who wrote (11087)3/23/1998 11:57:00 AM
From: Moonray  Respond to of 25814
 
E., while I'm sure many of us are disappointed that LSI did not
open 10% higher today on the G12 news, the action is constructive:
1) LSI reversed from Friday's downturn.
2) Up in the face of 60 point DJIA loss, only 2-point Naz gain.
3) After 2 1/2 hours, up over a point on almost Friday's volume.
4) Pushing hard against 20 and 50-day MA that is just above 23.
5) 200-day MA within shouting distance (now 26 1/2), a pop to 27?

o~~~ O


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