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Technology Stocks : LSI Corporation

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To: Duane L. Olson who wrote (7625)11/3/1997 9:40:00 PM
From: uu  Read Replies (1) of 25814
 
Duane: <Off topic)

Thank you so much for your opinion. I appreciate that. Yes, I am very very disguisted with ASND (mainly because of its management). I almost sold today and I wished I had done it, but my wife suggested to wait a bit and do a little more research to see if there is the slightest possibility that this stock has a chance of recovering. From the looks of it, it does not seem to have one. I am now waiting that within the next few days the idiotic rumors of someone (perhaps LU) buying out ASND can push the stock a few points higher so I can sell and bite the loss as my 97 tax write off. My investment style has always been long term holding and it takes a lot for me to sell a stock. In my 12-13 years of investing this is the second time that I can recall that I sold a stock because of its sleezy incompetent management in such a short period of time. Well, as they say live and learn and life goes on. This will be an expensive lesson for me!

Regards,

Addi Jamshidi
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