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To: sea_biscuit who wrote (17724)4/6/1999 3:19:00 PM
From: patrick tang  Read Replies (1) | Respond to of 25814
 
To the shorts and today's sellers -

One thing had always been at the back of my head - how does LSI's stock price compare to ADIs in term of valuation of total sales and Q earnings? I have not done the detail comparison, but at very first glance, I think LSI should be ahead of ADI. But it is not, they are running neck to neck. So if my hunch is right, LSI should within the next Q go ahead of ADI for good, once it's earnings picture becomes reality.

If that is the case, LSI may be overbought and just trading on 'ole mo now, but it will come back quick and catch the shorts by the pants.

patrick

patrick



To: sea_biscuit who wrote (17724)4/6/1999 3:36:00 PM
From: patrick tang  Read Replies (1) | Respond to of 25814
 
Wondering out loud:

1. The guy who bought 500,000 shares and pushed the price up 2 weeks ago, did he know something like last week's Morgan Stanley's upgrade perhaps?

2. The guy who bought 50k shares last Friday ahead of the long weekend and also pushed the price up, did he know something, like today's upgrade perhaps?

patrick



To: sea_biscuit who wrote (17724)4/6/1999 4:17:00 PM
From: country boy  Read Replies (1) | Respond to of 25814
 
Well Dipy,

This is the strongest 4 day run up I can recall in LSI (8 points). Despite my strong feelings that it's overbought, I decided not to fight the momentum; covered and went long again at 35.

cb