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Technology Stocks : LSI Corporation

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To: shane forbes who wrote (12047)	5/1/1998 12:11:00 AM
From: Wolf 2	Read Replies (1) of 25814

Shane: Generally speaking if I have truly large positions in a stock I tend to trade just a portion of it mainly for fun. As an ancillary benefit, I don't feel in the dumps if the stock does collapse (since I've presumably sold out the trading piece) and don't feel too bad if the stock breaks to the upside (since I still have my core position). Kinda like a reasonable compromise. Precisely the way I view it! Thus far this 'style' (don't see why it can't be characterized as an investment style) has served me well. My only dilemma has been the % allocation between the l/t (RRSP/IRA) and f/t (flexible term) components; currently, it's sitting at roughly 80/20 respectively on most stocks I hold. Unfortunately, I have yet to re-establish a meaningful position in LSI. It appears that Ms. Graphs' hex on my desire to get in at 26 or less this week has worked. I thought that DavidG had virtually guaranteed me entry at 26 and, possibly even 25...the battle of the TA's. Oh well, just have to wait till Greenspan--oops, sorry--the 'anonymous source' at the Fed whispers in the ear of a WSJ reporter again :-) Regards, Wolf

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