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

To: E. Graphs who wrote (11230)	3/27/1998 12:36:00 PM
From: Moonray	Read Replies (2) \| Respond to of 25814

E., yes, LSI still doing nicely: askresearch.com It will be interesting to see if the 200-day MA stops this stock at 26. I do not discount the possibility that the 3 rising bottoms will lead to 3 rising tops, thus shattering the MA before stopping. Notice the better volume today, ought to make shane happier. In case you are wondering how I got the ASK Chart URL to work in this little box, I removed some of the clauses from the link. [EDIT]E., I tried to post this in your next posting: Message 3861598 but you have apparently busted SI with your long URL. It will put up a respond window but will not have a "Submit Response" button. Can you please try to respond to it and let me know if it works for you. If it does not, I'll let Brad know he needs to fix SI. o~~~ O

To: E. Graphs who wrote (11230)	3/29/1998 1:19:00 AM
From: Ed's Head	Respond to of 25814

E. Graphs: In my opinion history can be an enticing teacher! Therefore I also like to gander at the charts. Many of my investment decisions are based on the charts. Yet I try to keep in mind that it's the fundamentals that move the charts, not the charts moving the fundamentals. It's my opinion that area's of support and resistance in many cases can indeed be determined by looking back at history, therefore the charts can have some validity. The game is one on psychology, greed, and fear. So then a key is trying to figure what the other guy will do based on the news of the day, hour, or future expectations. From a historic viewpoint LSI trades near the bottom of it's trading range. My thoughts are that if this company can continue to produce juicy numbers during the season's of earnings there is much upward potential verses the downside risk factors. Friday was a key day, on heavy volume. If LSI can continue to show strength on Monday and the days to come next week I would project a price target in the low to mid 30's in the relatively near term. Good Luck C-Ya!