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Technology Stocks : LSI Corporation

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To: sea_biscuit who wrote (18631)5/30/1999 1:04:00 PM
From: MileHigh  Read Replies (1) of 25814
 
Dipy,

Also, as we all know, semi's are extremely cyclical. For instance, if you had bought AMAT in '96 at 20 pre-split and then sold it at 80- 100, you would have earned massive gains and paid taxes, but saved yourself from the ride down. Sometimes taking your profits and paying taxes is the best thing, IMO.

Basically, cyclicals should be traded IMO and blue chips, such as Walmart and KO, are prone to less violent swings and would lend themselves to the buy/hold strategy.

JMHO,

MileHigh

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