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

To: dr_elis who wrote (17105)	2/19/1999 11:06:00 AM
From: FNS	Read Replies (3) \| Respond to of 25814

Lsi trading in narrow range...market sucking wind...and LSI will drift 80% off course... SO, if you get my 'drift' we may have to TEST or actually make a 23 double bottom before making a definitive "breakout" to 29...after rechecking the chart, my guess is that if LSI does hit 29 on this run it may result in a failed breakout and not punch out 30!!! Consequently, we need a reversal to 23 to move UP! But quite possible that reversal to 24-25 may hold and then move upward. Another scenario is a shakeout to 21-22 to the previous breakout range -- then UP! (IMHO!) In any event, we are building a nice base...the longer we hold and solidify the better... Another tidbit, the semi's are getting very competitive... and, yes, LSI will be swallowed in the bull run or quagmire via what happens to INTC, etc. If INTC breaks down to 122, things will get WORSE!!! Should INTC move up to 134, then it's likely that semi's will all move higher! 'nough said...imo! FNS