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Technology Stocks : All About Sun Microsystems

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To: Michael F. Donadio who wrote (18683)8/19/1999 1:15:00 AM
From: JC Jaros   of 64865
 
I started tracking LSI after Addi's mention of it and bought it not long after *you mentioned the price here on the SUNW thread. I bought a good deal of LSI on Dec 31 at $16 (following fund managers getting the net year 'loser' off of their books) and have been very pleased with the result. :)

Addi made the mistake of trying to second guess and started speculating about 'market perceptions' and short term pricing. As I recall, Addi sold SUNW at $17 or $18 and bought LSI at ~$30-$40.

I was fortunate to trade out of a position that hasn't performed nearly as well as LSI. I don't usually trade at all. I'm wrestling with whether or not to take profit on LSI now. My number one rule though is never even *say 'sell' and the company which is the subject of this thread in the same sentence.

-JCJ
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