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Technology Stocks : LSI Corporation

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To: uu who wrote (8973)	1/13/1998 5:57:00 PM
From: Mark The Trader	Read Replies (2) of 25814

Addi, You could see these stocks trade higher , but after all the earnings reports are out these stock will settle back. The Asian problems are not going away overnight . If you re-purchase your shares you risk buying them high only to watch them sell off again. I dont like to buy on rallies that I dont think are sustainable. I dont follow TXN or Amat. Ask yourself this , if you buy the stock back and it goes down is that worse then if you dont buy it and it goes up?? You made money on your trade, maybe instead of buying wait to see if they run up and instead buy puts. A lot of pro traders may disagree with me here because a true trader will trade on a daily basis and it does not matter if they sold the stock the day before and had to buy it higher the next day, if they think its going up again they will trade it. But then they can sit in front a a quotron all day :-]

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