SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?


To: DavidG who wrote (13552)7/15/1998 4:05:00 PM
From: patrick tang  Read Replies (1) | Respond to of 25814
 
Guess this stock is definitely not an institutional favorite. Can't even hold at high $24, totally anemic. Where does all this overhead resistance come from? That many people who bought before at $24/25 and now wants out? Perhaps they are right, maybe I should join them. Anyway, for what's it's worth, for once it does not seem that we have any leaks before Q results/cc. What if they have bad Q results or bad cc? Where will this puppy go down to? Teens?

patrick



To: DavidG who wrote (13552)7/15/1998 4:09:00 PM
From: patrick tang  Read Replies (1) | Respond to of 25814
 
I don't like the risk reward ratio for the next month. IMHO upside potential = downside potential and 50/50 either way. Perhaps should sell and wait for a break out either way.

patrick tang



To: DavidG who wrote (13552)7/15/1998 4:16:00 PM
From: patrick tang  Read Replies (1) | Respond to of 25814
 
Anybody's got the pre-Q results update from Lehman/Gumport? Usually that guy is pretty good, usually on his balls. His comments, especially those a few days before Q results or Q end, are usually dead on.

patrick