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

To: Mark The Trader who wrote (14632)	8/30/1998 12:48:00 AM
From: uu	Respond to of 25814

Mark: Yes I know what you mean. The problem is I am out of cash at this time to average down even more ! As for they doing it to the extreme on both sides you are absolutely correct. in addition to LSI another perfect example is VLSI (has a book value of $12 and is selling at $10/shr)!

To: Mark The Trader who wrote (14632)	8/30/1998 11:46:00 AM
From: jelrod3	Respond to of 25814

Mark, just after the last warning, I revised my downside forecast to 12 7/8 to 13. See my post: Message 5537081 Looks like this forecast (regretably) turned out to be close. It should hold at this level barring a further decline in the overall market. If the market continues to melt, we may approach approximate book value of $11.50....but this would be a shocker, and I would not expect to see this. For the last 5 years before this sell off hit, LSI did not sell below about 1.6x book value...It is now at about 1.1x, which is surprising, to say the least. At these levels, one has to believe that there is more upside than downside.