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

To: J_W who wrote (17463)	3/20/1999 1:52:00 PM
From: patrick tang	Read Replies (1) \| Respond to of 25814

Jock, I still don't agree with LSI IR's explanation for the 7M day. The volume is just too high for that. I still think somebody is accumulating the stock + the last of the shorts took the last chance to cover. With regards to yesterday when Naz went down 42 and LSI stayed flat: messages.yahoo.com@m2.yahoo.com I really belive that we are going to see a blow out Q1 with good follow through Q2 and that the 'insiders' are buying in early in anticipation of that. Remember if LSI can carry out their cost cutting plan and business started to grow 5=%/Q since last Q, as early as July, LSI will be able to confirm forward 4Q earnings of > $0.50/share/Q and that should support a $40@20PE or $50@25PE stock by July. At $28, the gain over next 3 months can be $12/43% for a $40 stock and $22/78% for a $50 stock. Not bad returns for $3/11% downside to a $25 stock. Come to think of it, I think I have just talked myself into getting in on this at $28 comes Monday. patrick