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

To: uu who wrote (14749)	9/3/1998 5:40:00 PM
From: DanZ	Respond to of 25814

Addi, Believe me, I share in your pain. The last 6 weeks have been without a question the worst time of my investing career. Part of it is because I got stubborn (not selling when the chart said get the hell out) and part of it because of plain bad luck (buying LSI at what had been support at 18 1/2 only an hour before they warned). I took my loss at 16 1/4 on that one. One of these days things will improve for you and me and a lot of other folks. I'm not sure how you feel about technical analysis but I found something positive in the chart. LSI's money flow index is grossly oversold, and at a minimum, I think the stock is due for a bounce. Click here to see the chart. askresearch.com Generally when the money flow index gets below 20, a stock will at least bounce. LSI now has a money flow index of 0! You can go back as far on the chart as it will go (Jan 1994) and the money flow index never been this low. A buy signal will be generated when the money flow index turns up. Once LSI starts to rebound, it should go up several points in a matter of days. I'm basing this prediction on the degree to which the stock is oversold and where it is compared to where it has been recently. When the overall market started rallying late today, LSI traded from 11 1/2 to 11 7/8 in a matter of minutes. Money wants to go into this stock but the market crapped out and down it came again. I took another stab at the stock today, buying at 11 5/8 late in the day. Best of luck to you and everyone, Dan PS: With regards to Alex Brown's research report, I think you have to take into consideration the price of the stock and not just what somebody thinks of the future fundamentals. The company is solvent, has excellent products that are used in many products, and the stock has some value. One shouldn't conclude that a stock in a downtrend will keep falling until it reaches 0. At some point, support will develop on the chart, the psychology will change, and it will rebound.

To: uu who wrote (14749)	9/3/1998 6:29:00 PM
From: Jock Hutchinson	Read Replies (1) \| Respond to of 25814

Addi: Another problem facing LSI is that Symbios may have taken a loss this quarter. Surely, its results will mirror the beating the semi industry has taken, so it is quite possible that the new combined forward looking LSI will post a loss for the third quarter. This loss would of course be different than the one time charges that LSI is expected to take for its Symbios purchase.

To: uu who wrote (14749)	9/8/1998 1:17:00 PM
From: sea_biscuit	Read Replies (2) \| Respond to of 25814

It took me over 12 years to build up my assets to where it was 2 months ago, and it has taken only 2 months for my assets to go down by as much as 50%-60%! It is true, demolision is always easier than construction! From LSI to XLNX, to CPQ to my small caps, to HWP,... It took only 2 months for" most" of them to come down to the levels they were 4-5 years ago. Well, I remember suggesting to you some months ago to lighten up your tech exposure, and your answer was that technology is about the future, innovations will keep on happening etc. etc. Tell you what, sometimes research and development will be happening even as the stock prices are going down! You must have realized that by now :-) As for myself, I got rid of about 40% of my LSI at an average price of $32 1/2 and diversified the proceeds into MO, MCD, DBD, PEP, and SYK among others. That portfolio is down about 15%, but that is nowhere near the 65% shellacking that LSI has taken! And besides, it is more likely to bounce back than LSI would. Best wishes, Dipy.

To: uu who wrote (14749)	9/14/1998 11:45:00 AM
From: Jeffrey D	Read Replies (1) \| Respond to of 25814

*Truth in Posting* Addi, you might recall Dipy's reponse to your honest post. In it, he claimed he sold 40% of his LSI position at 32 or so. See below: siliconinvestor.com Over on the Bob Brinker thread he later claimed he sold "most" of his LSI position at 32 or so. How he figured 40% to be "most" of his position is beyond me. See below: siliconinvestor.com Now, on the Bob Brinker thread he claims he sold 60% of his LSI position at 32 or so. See below: siliconinvestor.com Addi, your posts are appreciated and respected because they are honest and informative. No need for you to let others that play games with the truth negatively impact your investment strategy. Addi, by the way, last time I posted to you I believe your wife either had or was going to have a baby. I hope my post finds all healthy and happy. Best regards, Jeff