LSI LOGIC CORP (LSI-NYSE): Technical Viewpoint: From a low of $25.00 on Mar 23, 1999 prices rallied, reaching a high of $38.31 on Apr 9, 1999. A decline saw prices pull back, reaching a low of $33 1/8 on Apr 29, 1999. Another rally saw prices penetrate resistance, closing 5/18/99 at $40 1/8. Technicals: Momentum Index (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: Is at None at current levels. Point & Figure: Reversed to the upside on May 5, 1999. A P&F upside 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. LSI LOGIC CORP is currently trading @ $40 1/8 plus $2.57 on May 18, 1999. Price Objective: $52.00. Risk/Reward: $2 5/8 VS. $11 7/8. Today's Risk Reward Ratio: 4:1