Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: joshi who wrote (16454)	1/18/1999 2:31:00 PM
From: julian hatfield	Respond to of 25814

Although positive fundamental news is welcome, at this point I think LSI will trade up based on reasons that are much less intellectual and reasoned .. 1) sox confirmed breakout above 400 on friday 2) LSI performance since oct bottom does not match the other companies in the index 3) LSI on a short-term upward trend with recent breakout into 20s 4) LSI call options up big in volume and premium in last week with put owners getting smacked or for the most part wiped 5) semi expectations are that the corner has been turned and not only is daylight visible, it's tangible 6) most money managers remember the mid-80s (when semis were sorta trading like today's internet stocks) and know that when these stocks start going, they go far and they go for a long time In short, LSI is on a roll, it needs to catch up to other companies in sox in order to keep it going up, and money managers that haven't felt a double in Intel, a triple in MU, a double in TXN, etc. in the past three months don't want to make that mistake again (those money managers that have are already in LSI and waiting for the inevitable). J