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To: Moonray who wrote (16084)12/2/1998 11:52:00 AM
From: Ian@SI  Read Replies (1) | Respond to of 25814
 
Moonray,

Any reason why it couldn't be both? ;-)

... and isn't there a gap near $24 or higher that we'd rather see closed soon? <g>

Ian

Do you see this as the reason for LSI's upturn today, or do you think it was due to the Goldman, Sachs & Co. rating?



To: Moonray who wrote (16084)12/2/1998 3:36:00 PM
From: Bill Hermesmann  Read Replies (1) | Respond to of 25814
 
I think the rise is primarily based on the Goldman Sach's coverage initiation. If they had started the stock as a buy it would have gone to 20 today. The major chart gap does not officially close until the stock reaches 18 and a small fraction. Short time gaps may exist elsewhere, I don't know, but THE important one is the eighteener.



To: Moonray who wrote (16084)12/2/1998 7:01:00 PM
From: DavidG  Respond to of 25814
 
Moonray,

A lot of positives happening with LSI lately although it has not been rebounding to the degree as the other semis. Volume today was better than average....but we Need some more high volume days maybe closer to 3 million and I will start buying heavily.

Option activity today was very high on the call side. December and January got a lot of buying at the ask near the close. Also, maybe those that were taking their tax loss did already? Options for January point more toward 20 now. January effect for LSI should be quite good.

cboe.pcquote.com

DavidG



To: Moonray who wrote (16084)12/3/1998 9:59:00 AM
From: DavidG  Read Replies (2) | Respond to of 25814
 
Moonray,

I think we have a continuation of yesterday with volume picking up dramatically. 750K with LSI at 18 1/4 for the first 1/2 hour. Should have a 3 million + day today.

LSI looking very strong. January effect looks like it is starting a little early.:-)

LSI now breaking out strongly to upside at 18 11/16. WOW!

DavidG