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To: patrick tang who wrote (13554)7/15/1998 4:30:00 PM
From: DavidG  Read Replies (1) | Respond to of 25814
 
Pat,

You have to do what you feel comfortable with and selling might be the best thing from you.

As far as the 25 level, that was established with the breakdown of LSI back in oct'97. It eventually established support in the high teens and with base building good support around 22-23. A couple of times it decisively broke through 25 but then fell back probably on rumors and comments by Wilf on considering acquisitions. Certainly once the Symbios deal was announced it could not take out 25.

207.95.154.130

As far as the risk/reward and the 50-50 I think the risk is down to 20 and as far as the reward I see in excess of 29 within the next year. And if I had to assess a probability I would say it is 25% down and 75% up, but the up has a lot higher to go then the down... so a lot more reward than risk.

Good Luck in whatever you do.

DavidG