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


To: Duane L. Olson who wrote (12385)5/15/1998 1:25:00 AM
From: Mang Cheng  Read Replies (1) | Respond to of 25814
 
I posted the following on the atml thread, just substitute 'atml' with 'lsi' and it will be what my thought is about lsi :

*******************************************************************
To: Peter S. Maroulis (8385 )
From: Mang Cheng
Friday, May 15 1998 1:15AM ET
Reply # of 8386

Peter, I agree with you that this is the type of stock at a level that you can hold for the
longer term. Option expiry is causing the stock to drop.

Also all semis are showing sign of weakness due to the Indonesian problems and the
NSM's warning. LSI, VLSI, NSM, MU, SVGI, Lattice, Lam .... are all showing sign of
weaknesses. Interestingly major semi equipment makers are not showing any sign of
weakness - AMAT, NVLS, TER, KLAC (except Klic) ...

When semis turn around, ATML shall lead the charge again. Technically atml looks ok
to me - it's still on a breakout mode - only taking a short rest. Vol is relatively low on
this pull-back.

Mang