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

To: Duane L. Olson who wrote (12579)	5/22/1998 9:22:00 PM
From: DavidG	Respond to of 25814

Duane, Here is a good reason why we wouldn't want LSI to drop below 20: Co:LSI - LSI LOGIC,$/share(US) Exchange:NYSE MACROWORLD(tm) 7-DAY OUTLOOK 5/22/98 ------------------------------------------------------------ Latest Data: 5/22/98 closed at $21.69, down 0.37. This is within the -0.56 average daily change. ------------------------------------------------------------ 7-day Alert: -probability too low, no action recommended- If you use Stops, for a Long position use $20.06, for a Short use $23.31. ------------------------------------------------------------ Forecast Summary: There is a 65% chance of being Higher in 7 days. Most likely 5/29/98 level is $22.00, a 1.4% increase vs yesterday's $21.69. -------------------------------------------------- \| 70% confidence range\| \| Forecast Closing --------------------\| \| Days $/share Change High Low \| \|------------------------------------------------\| \| 05/23/98 Sat \| \| 05/24/98 Sun \| \| 05/25/98 Memorial \| \| 05/26/98 21.57 -0.12 22.15 20.99 \| \| 05/27/98 21.96 0.39 22.57 21.35 \| \| 05/28/98 21.87 -0.09 22.51 21.23 \| \| 05/29/98 22.03 0.16 22.70 21.36 \| -------------------------------------------------- Co:LSI - LSI LOGIC,$/share(US) Exchange:NYSE MACROWORLD(tm) 5-WEEK OUTLOOK 5/22/98 ------------------------------------------------------------ Latest Week: 5/22/98 averaged $22.63, down 1.43. This is larger than the -1.07 average weekly change. ------------------------------------------------------------ 5-week Alert: -probability too low, no action recommended- If you use Stops, for a Long position use $20.06, for a Short use $23.31. ------------------------------------------------------------ Forecast Summary: There is a 65% chance of being Higher in 5 weeks. Most likely 6/26/98 level is $22.90, a 5.6% increase vs latest $21.69/share. -------------------------------------------------- \| 70% confidence range\| \| Forecast Average --------------------\| \| Week of $/share Change High Low \| \|------------------------------------------------\| \| 05/29/98 21.54 -1.09 22.67 20.41 \| \| 06/05/98 21.50 -0.04 22.69 20.31 \| \| 06/12/98 22.22 0.72 23.46 20.98 \| \| 06/19/98 22.55 0.33 23.85 21.25 \| \| 06/26/98 22.90 0.35 24.26 21.54 \| -------------------------------------------------- However, the Daily model's outlook is Up. Co:LSI - LSI LOGIC,$/share(US) Exchange:NYSE MACRO*WORLD(tm) 4-MONTH OUTLOOK 5/21/98 ------------------------------------------------------------ Latest Month: Apr'98 averaged $26.41, down 1.43. This is within the -2.47 average monthly change. ------------------------------------------------------------ 4-month Alert: -probability too low, no action recommended- If you use Stops, for a Long position use $20.38, for a Short use $23.69. ------------------------------------------------------------ Forecast Summary: There is a 65% chance of being Lower in 4 months. Most likely Aug'98 level is $20.62, a 6.5% decrease vs latest $22.06/share. -------------------------------------------------- \| 70% confidence range\| \| Forecast Average --------------------\| \| Months $/share Change High Low \| \|------------------------------------------------\| \| May'98 24.97 -1.44 26.28 23.66 \| \| Jun'98 22.79 -2.18 24.74 20.84 \| \| Jul'98 22.39 -0.40 24.99 19.79 \| \| Aug'98 20.62 -1.77 23.86 17.38 \| -------------------------------------------------- However, the Weekly model's outlook is Up. The above report is based on mathematical calculations and, as such, no investment decision should be based solely on its conclusions.

To: Duane L. Olson who wrote (12579)	5/23/1998 3:43:00 AM
From: shane forbes	Read Replies (1) \| Respond to of 25814

TSO: RE: I'm not sure I'm ready for a dismal summer. Golf! RE: With the cacaphony of bad tech news LSI has had to face, a retest of support at 21 would not be all that surprising No it wouldn't - heck had a 21 1/4 today! I expect at least 20 before we are all done with. LSI's business is still good. STM likewise expects to beat semiconductor growth rate this year. So some corroboration. Of course no hope in hell that LSI is going up unless we get some good revenue growth, something... Too many weeks to go before July earnings release, too many miles to go before I sleep... Definitely seeing some serious left for dead blood-letting in semiequip land and definitely seeing similar signs of blood-letting in semi-land. Will take awhile. Need to see if everyone gives up on INTC. Actually I still consider LSI expensive relative to some of the other slaughtering that has taken place. This is only a relative thing and means nothing. ADI is still expensive, so is ALTR etc etc. At some point these institutional favorites have to become cheap - that's our cue. Sorry about the little one.