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

To: E. Graphs who wrote (14023)	8/2/1998 9:19:00 AM
From: thomas hayden	Respond to of 25814

Last a neighbor who works at Blockbuster's corporate office says they are planning a major DVD push in the next month. A large promotional going into Christmas, renting & selling DVD players and disc.

To: E. Graphs who wrote (14023)	8/3/1998 9:49:00 AM
From: Moonray	Respond to of 25814

E., not much solace in the P&F chart on LSI I'm afraid. Last Monday's touching of 20 broke support and we are now in a downtrend. The good news (for today, at least) is that there is strong support at 19, last October's and December's lows. A nice triple bottom for a springboard to higher prices. A drop to 18 1/2 would mean......I don't even want to think about that. Chart still looks fine here. I find 23, 25, and 27 as next three levels of resistance.........wonder if Moonray's P&F would agree? o~~~ O