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 : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: Mao II who wrote (1302)	5/19/1999 9:43:00 AM
From: fooledalot	Read Replies (1) \| Respond to of 12662

M2, Congratulations on good news this am on SAP--upgrade from Lehman, I believe.

To: Mao II who wrote (1302)	5/19/1999 5:09:00 PM
From: Jimbo Cobb	Respond to of 12662

Well, looks like LSI is trying to poke its head above $40 for a run at $50, but I'm quite tempted to sell the Jan $40 covered calls for $8 and sit back and watch for awhile.... Jimbo.

To: Mao II who wrote (1302)	5/19/1999 7:14:00 PM
From: Jimbo Cobb	Respond to of 12662

LSI info... nordby.com (if you read it 2day B4 it changes)... Wall Street Trader's Column Tech Pick of the Day written by Harry Aloof LSI LOGIC CORP (LSI) Technical Viewpoint: From a low of $25.00 on Mar 23, 1999 prices rallied, reaching a high of $38.31 on April 9, 1999. A decline saw prices pull back, reaching a low of $33 1/8 on April 29, 1999. Another rally saw prices penetrate resistance line "A", closing yesterday at $40 1/8. Technicals: Momentum (MTM): A Buy Alert! was given on May 11, 1999 when the solid line crossed the dotted line to the upside. Support: Remains at $34.00. Resistance: None at current levels. Point & Figure: Reversed to the upside on May 5, 1999. A P&F downside reversal takes place at $37.00 Summary: Technical indicators have turned bullish. BUY! LSI LOGIC CORP (LSI-NYSE) @ $40 1/2 Stop: Use a protective stop of $37 7/8. Price Objective: $52 Risk/Reward: $2 5/8 VS. $11 7/8 Risk/Reward Ratio: 4:1 View the Technical Charts