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Technology Stocks : LSI Corporation
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To: uu who wrote (19168)7/1/1999 3:27:00 PM
From: sea_biscuit   of 25814
 

Any advice before I actually do it?!


Yes. Don't be afraid to sell this stock when everybody is clamoring for it and CNBC is talking it up big time. An IRA is a wonderful place to catch the long-term ups and downs of this stock.

But to do that, you got to sell! You have to rethink the buy-and-hold mentality, which works great for growth stocks like JNJ, GE, MRK etc., but is a poor strategy when we come to cyclical stocks such as this one.
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