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: Duane L. Olson who wrote (16600)	1/26/1999 12:33:00 PM
From: country boy	Read Replies (1) \| Respond to of 25814

Going somewhat against the grain, I sold today at 24 (got in 20 1/2). I expected this strong resistance at 24, Duane, that you had predicted earlier. I don't expect LSI to break this resistance until post earnings, but I'm keeping a close eye on another entry point---hopefully the weak support at 22. I don't want to be left behind, either, so will probably buy-stop at 24 1/4 ish? Good luck to all longs and other traders, cb

To: Duane L. Olson who wrote (16600)	1/26/1999 12:39:00 PM
From: Moonray	Read Replies (1) \| Respond to of 25814

TSO, didn't expect any move up into the 20s until earnings were released. Stocks spend time at their 200-Day Moving Average, this one didn't (see URL). However, I should note that LSI is as overbought, currently, as it has been in the last 18 months (see URL chart): askresearch.com 25-29 looks to take quite awhile to break. However, if the earnings fundamentals are truly much better than now imagined for this year, all bets are off and its the 30s. o~~~ O