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

To: Jock Hutchinson who wrote (14079)	8/5/1998 11:07:00 PM
From: thomas hayden	Read Replies (3) \| Respond to of 25814

Dear Jock, I have watched your post with interest and I would give up on K. Trying to disprove him is about equal to trying to do the same with Bill Clinton. Everyone knows they are untruthful, but they are so oily they slip away. Since K can't have a meaningful affect on us forget about him. What we should be concentrating on is what is the next move for LSI. Today's action makes my heart stop. There was huge selling. If you want to buy more don't take the offering, just post a bid and it will get hit. The selling this morning was horrific. Unfortunately I don't think whoever is done. The little rally we saw this afternoon was nothing more than the LSI sellers seeing the other buy imbalances on the floor and the tape improving and removing their orders. I think they will be back. Someone who owns a lot of stock wants out bad. I'm starting to feel like the long timers because I think we are only a couple of quarters away, but others who have owned this stock for a while have been saying that for 10 and 12 quarters. I don't think anyone can say for sure when but given everything that is going on LSI looks cheap.

To: Jock Hutchinson who wrote (14079)	8/6/1998 12:26:00 AM
From: Hightechhooper	Respond to of 25814

jock strap, There you go again thinking you know more about me than I do. Well, you have proven you know absolutely nothing about a whole lotta things. In order to set you straight, I said it looks like I'll be writing a lot of calls because that was the alternative I was going to choose. However, it became clear to me that the downside risk was still significant, especially after lehman predicted an 18-20 range. So on the couple of burst over 21 I sold and got out just about break-even. If you spent a fraction of the time thinking about fundamentals that you spend focussing on me, you could be a rich man. Instead, you spend your time defending your positions, even when it is painfully clear how wrong you are. Well right now Jocko, I am getting a big laugh but don't worry, you'll get a bounce or two in the twenties to get out but I am sure you will be too stuborn to take it.