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

To: E. Graphs who wrote (13536)	7/15/1998 1:13:00 PM
From: Hightechhooper	Read Replies (2) \| Respond to of 25814

I would love to be shamed, but right now the only shame I feel is believing that this stock would bounce faster than the sector as a whole. No use getting optimistic about today's move, however. Sox is cruising and LSI was one of the last to reluctantly participate. Heavy selling into the move and large blocks offered at the bid do not bode well for this move to hold. LSI seems to be completely dependant on the sox moving up in order for it to get itself off its butt. I bought thinking they would be more inclined to determine their own destiny so this reliance on the sector moving is not good IMO, especially with all the negative vibes around the opening of Gresham and now Symbios. Despite these negatives I still have a glimmer of hope that the stock will trade up in advance of earnings next week, so if the sector can lift this piece of dung near 25 before that move than I will be very greatful.

To: E. Graphs who wrote (13536)	7/15/1998 1:37:00 PM
From: DavidG	Read Replies (1) \| Respond to of 25814

E! I am still trying to figure out the sudden movement although I expected a tech rally for awhile. LSI again showed good support before this movement at 23 and is not disappointing us at all. IT may not move as fast as some would like but that happens when close to earnings. There is one on this thread who wants to sound bullish but is really a bear and probably short in the order of 75000 shares.<g>. With all the grief he has caused us I am taking great pleasure in watching him getting his butt kicked.:-) 25 by next week and if the conference call is good then 28-29 shortly thereafter. DavidG