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To: getgo234 who wrote (15888)10/30/1998 4:33:00 PM
From: G. H.  Respond to of 25814
 
For the funds who are buying, they are not showing LSI as a loss,
as the selling funds would be. This is positioning for the 4'th quarter
so as the funds start to purchase the price moves up and the
buyers get to show a small gain right at the end of Q-3 while betting
on a good Q-4 and beyond. There are usually windows of
opportunity, for trading, at the end and start of each quarter just like
the January effect at the new year. I would expect some weakness
before the Tuesday elections, and after that, well who knows ?

Take care

Henry



To: getgo234 who wrote (15888)10/30/1998 4:40:00 PM
From: Daniel My Brother  Read Replies (1) | Respond to of 25814
 
If anything it must be noted that LSI has changed it's trading pattern the past several days. The stock had the opportunity today to selloff but resisted. Looked like investors decided they wanted to accumulate on dips. Finished strong....over 3 million shares....THAT'S SOMETHING DIFFERENT! Still we have to consider that this stock never had a DCB. I'm not suggesting this was a dcb, but those who said in other posts that LSI was oversold we're obviously wrong...at least today. Still....there's a long way to go before we start feeling giddy. The past year has been torture. We can only hope that the trends are changing for LSI. You can't discount the possibility that there is a major (positive) annoucement about to be made. PS2....takeover....earnings revision? Who knows? Just enjoy....
Very cautiously Optimistic
Daniel My Brother.....have a nice weekend!