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

To: uu who wrote (14242)	8/17/1998 1:43:00 PM
From: BWAC	Read Replies (2) \| Respond to of 25814

This market is just plain weird these last few weeks. Nobody wants LSI which actually made money and looks to easily make $1 in earnings this year. But they can't buy MU quick enough which lost who knows how many $ per share. Strange, extremely frustrating, and confusing. What's a poor, conservative, value seeking Accountant who can read financial statements to do in markets like these? Maybe I'll go read a book on running with the herd while I wait for sentiment to change.

To: uu who wrote (14242)	8/17/1998 2:33:00 PM
From: Moonray	Read Replies (1) \| Respond to of 25814

Addi, my post was only meant as a warning to those that have never been in a one to two-year bear market. After all, a stock certificate is ONLY worth what people will pay for it. It has NO intrinsic value, it doesn't even make good toilet paper.<g> I was not picking on LSI, in fact MOST stocks would be in the $5-10 range. LSI would probably one of the better ones at the end of a bear. What happens is that during a 1-2 year bear the mindset is such that boogiemen are around every corner. In LSI's case, a decline due to inflation, worsening SEA or ? would convince potential LSI stock investors that LSI's pipeline was about to dry up. This leaves only LSI sellers. A move from 18+ down to 5-10 would seem tame compared to other stocks, especially over a year or two. Mind you, I'm not predicting this WILL happen, just drawing attention to the fact that I think we are at a crossroads in this longest of all bull markets. Dont give me a heart attack like that, please! o~~~ O