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

To: Bob Howarth who wrote (17495)	3/23/1999 4:06:00 PM
From: Bob Howarth	Respond to of 25814

Guess it must be this stuff about TXN, which I quote "BT Alex. Brown Inc. analyst Erika Klauer said the company will probably meet Wall Street views, but weak sales to the disk-drive sector will probably keep it from exceeding them, a scenario many investors had hoped for." "The opportunity for an upside (surprise) has been diminished," she said.

To: Bob Howarth who wrote (17495)	3/23/1999 5:37:00 PM
From: Howard Feinstein	Respond to of 25814

Yeah so much for a momentum play! Heavy volume and biased upside lately suckered a lot of fools into buying LSI and looking to power over $30. Wall Street's a real tough game!

To: Bob Howarth who wrote (17495)	3/23/1999 9:53:00 PM
From: Duane L. Olson	Read Replies (1) \| Respond to of 25814

Gee, Bob, I hadn't noticed that LSI was doing worse than the other technology stocks. We have, for example, Dell: beta.iqc.com Which is down 35 percent And: 3 Com: beta.iqc.com Down about 51% on that baby Even highly recommended high flyers like Transwitch beta.iqc.com Down from a 47 high, it bounced under 36 today, before a slight recovery. The big caps, like Texas Instruments, (not to mention Dell) was off about 10% today alone. Not that I was pleased about LSI getting whacked for nearly 2 points today: beta.iqc.com But really, it is consolidating after a fairly hefty runup, and I don't see any serious technical deterioration....we do have a back down to the lower Bollinger Band, but no break through, as one might have expected. So, just opportunities to start accumulating for the next run. And I hope it turns out that way!! <GG> cheers, and good luck! tso