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


To: patrick tang who wrote (14965)9/12/1998 5:31:00 PM
From: thomas hayden  Read Replies (2) | Respond to of 25814
 
Well Patrick, I'm going to ask the same question here, generally when there is a big collapse in a stock, like what has happened here with LSI there is usually a bounce. So far the only bounce has been in my checkbook. I wonder why we are still stuck in the mud at a 52 week low. And if this is the case will the next shoe that falls put us in the single digits? I think that LSI could/should at least bounce up and fill in the gap on the charts at 18, but so far zilch.

Also Mike Milken, the old junk bond guy, has a new non profit company that makes business predictions. One prediction for next year is that because of Asia, california's growth will be much less next year and the big problem as they see it is a huge recession in Silicon Valley. I wonder what they call today, the glory years.