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

To: rairden who wrote (14769)	9/4/1998 10:42:00 AM
From: DanZ	Read Replies (1) \| Respond to of 25814

Sorry about your loss :o(( Since LSI is part of the S&P 500 index, it can be moved around when buy and sell programs hit the market. The stock was weak just after the open because the S&P 500 futures were trading at a discount to the cash index. However, it held the 52 week low at 11 1/2 and then a buy program hit the market and a few decent sized buy orders pushed it up to 11 3/4. If the stock gets above 12 1/2, then I can see it trading to about 13 1/2. It's too early to call LSI at a bottom but I think the sentiment will change if it doesn't make a new low today and closes higher on the day. Best of luck in future trades. Dan