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Technology Stocks : LSI Corporation

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To: Mike Hermann who wrote (19257)	7/12/1999 12:23:00 AM
From: shane forbes	Read Replies (1) of 25814

Well if it takes place hope it's rational. A 'true' irrational correction took place in April - Sept 1998. I think for every dollar I had at the start of April in 1998 I ended up with 53c by the time the recovery began in mid October 1998. An asset loss of 47% in 6 months. Now that was real fun. Most of my stocks are small caps and if for a moment I thought they reflected the next 18 months worth of returns I'd dump. I don't and so I hold and buy. Economic indications and interest rates are for the people holding excessive amounts of vastly overvalued/overhyped stocks. Including the correction in the middle of last year, I've more than quadrupled my money in 3.0 years and want the party to go on. But if it does not no biggie. I'll be at the beach.

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