Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Andy M. who wrote (18250)	4/23/1999 1:00:00 PM
From: Ram Seetharaman	Respond to of 25814

DIP ON SUCH LOW VOLUME, IS NOTHING MORE THAN AN ABERRATION!

To: Andy M. who wrote (18250)	4/23/1999 1:01:00 PM
From: Tony Viola	Read Replies (1) \| Respond to of 25814

Andy, Any Idea what's dragging LSI down today? Is it Intel's new internet focus, which maybe encroaches on LSI business? Or is this just a technical move after the recent run-up? First, pretty low volume. Second, do you really think enough people can put 2 and 2 together and tie Intel's newly announced "Internet Farms", or their general purpose "MPU replaces lots of custom switch and router ASICS" strategy, or whatever, to LSI? I don't. If anything, fear of Intel getting into those areas would drag the networkers down. Instead, Cisco is up, and 3 COM is up big time (woops, takeover again on them, Siemens this time. That company will sleep with anybody). No, I think LSI is just ho hum today. Tony

To: Andy M. who wrote (18250)	4/23/1999 1:36:00 PM
From: patrick tang	Read Replies (2) \| Respond to of 25814

I don't expect LSI to do much till the end of the Q when they again get judged on whether they hit the 6% sequential Q sales growth. They missed it last time but on cc mentioned that they'll hit it this time. All eyes will be on that 'cause that is the second half that drives the forward earnings. Too bad they do not issue monthly b-to-b for semis anymore. That would make for more exciting tradings as well as regular score card on the industry. patrick

To: Andy M. who wrote (18250)	4/23/1999 4:14:00 PM
From: E. Graphs	Read Replies (3) \| Respond to of 25814

Hi Andy, I expected 38 to be a tough resistance level and think it will take some time to build enough pressure to break through. We may be building an ascending triangle now (common at strong resistance levels)....if so, each low will be higher but 38 will remain the ceiling.......might not happen this way.....just a guess. Seems LSI would have to come out with some very bullish news to send this stock over 38 resistance. Anyone else think so? 207.95.154.130 OTOH, if we slice through it like butter on Monday fine with me! IMHO a break of 38 sees 44 then we may pull back some. Staying long. E!