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Technology Stocks : LSI Corporation

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To: sea_biscuit who wrote (19743)8/15/1999 9:33:00 AM
From: Jock Hutchinson  Read Replies (1) of 25814
 
Dipy: It seems as if your memory is failing you big time. As the following posts demonstrate, a bet was clearly made.

Message 8765269

I began by issuing the challenge:

But Dipy, hindsight is precisely what you are selling. Here's the foresight. Take the six stocks that match your criterion, and I will bet you dinner at your favorite restaurant that as of April 7 in the year 2000, LSI will have outperformed everyone of them.
As far as the airlines are concerned, the problem with them is that they have been regulated by the government over a long period of time, and that has hurt their long-term profitability. And government regulation is what big MO is about to face.


Message 8765996

You responded:

Sure! Even though I am at the other end of the country!
How about some stocks from my own "real world" portfolio?
MCD PEP DBD PLL WRE MO PBY
Btw, I want to plough some money into the other stocks that I mentioned before, but am still waiting for Jim Jubak to issue a "sell" signal for them! <G>


And just how are Dipy's picks doing in our little contest?

Well let's take a look at the following chart:

techstocks.com

Ouch! That hurts. LSI is up approximately 53% from the time the bet was made, and Dipy's best pick to click is up 19%. Overall, your picks have an average return of 3.3%.And rememember, this bet was made during a period of outright euphoria on the LSI thread, at about the time it had already tripled from its lows of six months before.

So, as of right now, it looks like you will be treating me to dinner at your favorite restaurant, which means that I'll be flying into Portland sometime next April. I am truly looking forward to this grand and glorious event.

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