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Technology Stocks : LSI Corporation
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To: Andy M. who wrote (25523)1/31/2003 1:09:02 PM
From: Jock Hutchinson  Read Replies (1) of 25814
 
Andy: I also think that your message that "The fact is nothing can be counted on to work and everything can be made to work" is a very good message. But, despite the fact that my husband made a lot of money on one lucky hold, I think that traders make the most money because they are constantly evaluating their positions. To me, speculation is a person taking a long-term position and then forgetting about the stock. That seems to me to be speculation, since so much can happen. On the other hand, a person who pays daily attention in the market is an investor in my opinion, since that person is paying far more attention.

So, my speculation in LSI at around 8 is a terrible "investment".

Or maybe trading requires a different name other than speculation or investment. Maybe it should have a more noble name such as work.

LJH
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