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Technology Stocks : LSI Corporation
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To: sea_biscuit who wrote (18631)5/30/1999 5:00:00 PM
From: shane forbes  Read Replies (1) of 25814
 
Dipy:

If it is tax lock-in that prevents people from selling then the people who don't sell are big dopes! If that was the idea behind that book then I still don't get what the big deal is. Someone sometime back wrote an entire book about pointers (in programming). Though pointers are not trivial they aren't difficult enough to warrant an entire book. Then again that book sold well too. Maybe the modern day 'investors' are not nearly as smart as the Discover-Own-An-Island ads make them out to be.

My contention is that it is biz fundamentals that should drive buying and selling decisions. With cyclicals it pays to wait until the sector is on the covers of magazines or they raise equity capital etc. It has to be a wholesale admission of stock overvaluation. The rest of the time most of the moves are incidental (I hope). Still have an ugly feeling something will strike later this year to put a dent in my semi portfolio. No problem.
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