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Technology Stocks : LSI Corporation
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To: sea_biscuit who wrote (24400)10/17/2001 9:57:29 AM
From: Jock Hutchinson  Read Replies (1) of 25814
 
At some point in July, I said that your picks won't beat IWN. You can start the clock at that time and see how you have fared.

The fact is, you are losing to unmanaged indexes and are unable to face it

Dipy: On July 17th, that so-called some point in July to which you refer, your pick GPS was at 29 and change. Today it is at 14 and change. This means that while the indexes have begun to creep slightly higher in the past three months to the tune of about 2 percent, your grand and glorious pick has plummetted 52%. By contrast, my so-called portfolio has fallen (as of right now) about 24%, and with the networking stocks beginning to make a comeback as well as the semis, I have no doubt that my portfolio will return a profit over the course of the agreed upon one year.

But I am not the one who claims to be the conservative investor and soothsayer. I am absolutely a guy who trades for a living, and always lives in self doubt and fear.

You by contrast are a smug confident no nothing who under the guise of reasonable and responsible investing has managed a 57% NET NEGATIVE return on your pick versus the averages. Clearly, you have no business advising anyone about your investment strategies.

What you do need to do is acknowledge in print that your pick GPS has underperformed the averages by 57% in a three month period.
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