Kirk,
I appreciate the hamsters ... but, I think this has been a great thread in general ... great contributions from you, JHY, Richard P., and BK.
I occasionally go back to do autopsies on my investments. I used to keep a journal, now SI is my journal. I think I learn something about my actions by doing this. Why wasn't I more patient? Why didn't I buy more? Why didn't I see that coming? This explains why I have threads that are really just me (check out HMN, RHD, etc.) -- these are my journals ... all W-I-P's ... going back through the many LRCX posts, I came across this one ... I chuckled reading it now ... but, I remember that it hurt to write.
--Duker
To: RDH (2160 )
From: Duker Wednesday, Oct 7 1998 2:49PM ET
Reply # of 2780
Back in there at $8 13/16 ... beaten and bruised ... trying to do my small part ...
At some point, LRCX has no further to fall. My normal course of action at this point would be to say that this is ridiculous ... but I grow weary of that adjective ... I have used that since $15 ... I shall employ an new descriptor: PAINFUL.
It is heartening to see that ol'Marty Whitman from Third Avenue Value is buying along with me, but ... Is this the end?
LRCX has gone from legal drinking age, through the teenage years, backward through puberty ... to what end? Toddler-hood? Will LRCX require diapers?
I used to feel strongly that the market was irrational. Now, we have reached the point where there are doubts fluttering about my head like annoying gnats. Have I really screwed this one up? How can you possibly justify owning so much of this PIG?
There, I have said it. PIG. LRCX is a pig. Underneath, in my heart of hearts, I do not believe it, but, ... if it stumbles to the trough, gorges itself, smells, and lives in its own swill, it must be a PIG.
I can picture myself two years from now ... LRCX, filing for bankruptcy ... I wish I had dumped that PIG in October of '98 ... what a mistake that was ... whatever happened to Bagley ??? ... He went back to work for AMAT?!?!?
The mind really starts wandering ... so cheap ... so "un-pig-like-except-for-the-current-stock-price..."
Oh, LRCX, why have you foresaken me?
--Duker
P.S., If any of you who are reading this are on the fence about buying some LRCX at these levels ... my depression should be the strongest buy signal you could possibly imagine !!!
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