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To: Paul Schmidt who wrote (16155)	9/4/1998 3:50:00 PM
From: DanZ	Read Replies (2) \| Respond to of 53068

LSI, IRF. LSI looks to have bottomed, at least for the short term. The money flow index is at 0, and as you can see from the chart by clicking on the link below, it hasn't been this low in at least the past 5 years. Generally a reading below 20 gives a buy signal but it's better to wait for it to turn up before buying Still, a reading of 0 is grossly oversold and I think the stock will move a few points in a short time once it gathers upward momentum. askresearch.com In addition, LSI is part of the S&P 500, and as such, is subject to being moved around with buy and sell programs. Today, starting at about 2:15 p.m., the S&P futures went to a huge discount to cash and stayed there for at least 30 minutes. LSI got to a bid of 11 1/2 (the 52 week low) but very few sellers were hitting the bid. Also, the bid size was 50,000 shares, pretty high for this stock. This indicates to me that few sellers are willing to part with their stock at the current price. LSI is a premier semiconductor company that has been trashed due to the poor conditions for the industry. But as we all know, stock prices discount the future and the action in the stock is telling me that it has fully discounted the bad news and is ready to make a run. My guess is it will trade back to at least 14, making the risk to reward excellent with a stop just below the 52 week low. * Disclaimer * I own the stock at 11 5/8. IRF has shown good relative strength and money flows this week and I think it too has bottomed. I own it at 5 7/16 and have traded in and out of it several times this week. Funds have been moving back into the stock. You can tell by the size of the bids and the tick volume on trades at the asking price. Have a safe and enjoyable holiday, everybody. Dan