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Technology Stocks : LSI Corporation

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To: Jock Hutchinson who wrote (17768)4/7/1999 5:23:00 PM
From: sea_biscuit  Read Replies (1) of 25814
 
Jock: With all due respect, your 20000% return chart is the stuff that investment letter ads are made of! <G> There is almost NO WAY that you could have picked ONLY the winners (and you have "picked" not just the winners; you have "picked" the champions! Congratulations! ;-) ;-) )

Why only EMC and not also RDRT? Why only MSFT and not also NOVL? Why only DELL and not also AAPL? Why only INTC and not also AMD? Or Zilog? And getting to your more recent "picks", why only AOL and why not also SPYG? Why only YHOO and why not also SEEK or LCOS?

In sharp contrast, the stocks on my list could have been picked by almost anybody willing to stick to the discipline of confining himself/herself to a well-defined universe of stocks.

I mean, this is a game we can keep on playing. You say "AOL", then I say, "YHOO", then you say "DELL", to which I reply, "EBAY"... and on and on and on. It takes us absolutely nowhere.

And btw, I didn't deliberately delete MO from my list. I thought that we had talked sufficiently about it. I suggest you go back 100 months and find out what its dividend yield was and how much it has been increased over that period. (I don't have the numbers readily available to me right now). I won't be surprised if you get a yield on cost of over 15%, maybe even 20%. That is what you will get on your original investment, irrespective of whether the market goes up or down. Yes, many think that's no big deal, but then in a bull-market like this, 20% a year is no big deal, as any novice mutual fund investor can tell you! ;-)

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