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Technology Stocks : LSI Corporation

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To: Grand Poobah who wrote (22496)	7/27/2000 12:52:06 PM
From: rairden	Read Replies (2) of 25814

Whoa... Things at LSI sound great! Thanks for the conference call notes. So is this really a bargain price? How did a $20 million slip result in loss of $10 billion market cap? LSI must've been awfully overpriced in March. Where would the price go if something at LSI, any little thing, actually went awry? Any dark cloud appearing on the horizon? Investors are discounting LSI for some reason. I figure we won't see a near term recovery because of this fear that things are too good right now. How could the scenario possibly get better? I'm in as deep as Addi. LSI had grown to half my portfolio. (I held because LSI looked like another Vitesse, which I sold in 1996, and would be 95% of my portfolio now had I held.) Now LSI is still about 1/4 of my portfolio. I'm resisting the temptation to shift more assets into LSI at this time. Also resisting the temptation to just dump LSI here and put it all into Cisco. This is a great exit-point if you want to avoid capital gains taxes. :) Bottom line is I'm now more inclined to agree with Dipy that buy-and-hold is not the best strategy for LSI.

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