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

To: patrick tang who wrote (17922)	4/11/1999 5:45:00 PM
From: country boy	Read Replies (1) \| Respond to of 25814

Patrick: Did I touch a nerve or what? Didn't mean to. I simply characterize you as being one of the most prominent bulls on the thread, and make no assertion at all that you are wrong---only that you might be. All of your predictions for LSI are contingent on a healthy overall market, which you conveniently and for the first time qualify tonight with the Kosovo thing. I think this market will correct big later this year, nothing to do with Kosovo, and therefore, LSI is vulnerable in that respect. My caution is born out with that view, as well as past performance. Yes, you've been right about LSI going up; I acknowledge that and I've made $ too. And because what I recall from your posts is nothing but positive outlooks under the best of circumstances, I'd still call it pie-in-the-sky; that's what that means. <<<pissing contest>>> No need. Piss all you want. You win.

To: patrick tang who wrote (17922)	4/11/1999 6:19:00 PM
From: uu	Read Replies (3) \| Respond to of 25814

Patrick, I totally agree with your asserstion of LSI (and I am sure this is not a surprise to you since I am even more bulish than you on LSI). However I would say that this market is cash driven. Stocks are not valued totally based on fundamentals and/or valuations any more but rather based on the huge amount of cash coming into the market. Unemployment is at 4.2% and pracitcally 99.9% of the employed population has a strong investment and saving for the retirment mentality. As long as unemployment is under 4.9-5% there is absolutely nothing to worry about. people keep pouring their cash into the market and stocks have no place to go but higher and higher. There will be corrections (or the non-politically correct version of it: carshes),, however they will be short lived as money will simply be rotating from one sector to another. Right now and with CPQ's latest surprise attack I believe the money will be rotating out of techs and into retailers, and/or airlines. Techs willbe punished with absolutely no mercy, but this is short lived. In a couple of months (if not sooner) money will rotate back into the techs. I know techs will be punished hrshly, however I am not sure if this happens prior to the earnings report or after the report. One thing is for certain before summer starts techs will innocently be curshed temporarily. As for LSI, we will vist the $20's (possibly), who knows maybe even the teens again! But then I strongly believe we will also visit the $50's, and $60's (and who knows maybe even $80's and $90's) sometime this year also! Last Friday at 3:59PM EST (just 1 minute to close to the market) I bought a bunch of DELL shares at $43.75/shr! And 15-30 minutes later CPQ warned!! Go figure! But that is OK, I have become quite used to buying the right stock at the wrong time! Regards, Addi Jamshidi