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Technology Stocks : LSI Corporation

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To: uu who wrote (14242)8/17/1998 2:33:00 PM
From: Moonray  Read Replies (1) of 25814
 
Addi, my post was only meant as a warning to those that have never
been in a one to two-year bear market. After all, a stock certificate
is ONLY worth what people will pay for it. It has NO intrinsic value,
it doesn't even make good toilet paper.<g> I was not picking on LSI,
in fact MOST stocks would be in the $5-10 range. LSI would probably
one of the better ones at the end of a bear. What happens is that
during a 1-2 year bear the mindset is such that boogiemen are around
every corner. In LSI's case, a decline due to inflation, worsening
SEA or ? would convince potential LSI stock investors that LSI's
pipeline was about to dry up. This leaves only LSI sellers. A move
from 18+ down to 5-10 would seem tame compared to other stocks,
especially over a year or two. Mind you, I'm not predicting this WILL
happen, just drawing attention to the fact that I think we are at a
crossroads in this longest of all bull markets.

Dont give me a heart attack like that, please!

o~~~ O
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