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Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Jock Hutchinson who wrote (19671)8/10/1999 6:56:00 PM
From: All Mtn Ski  Read Replies (1) | Respond to of 25814
 
Then where is he now? He has got to hate to admit "defeat" and upgrade LSI now after such a run, he'll look like a bandwagon "LSIer". He was probably waiting for the low 40's to join the Bull Camp, but it only got as low as 45-1/2. Perhaps LSI will see the low 40's again, and Mr. Peck can join the party. HAHAHAHAHAHAHAHAHA Silly Analysts....

Tom



To: Jock Hutchinson who wrote (19671)8/10/1999 6:58:00 PM
From: sea_biscuit  Respond to of 25814
 
Well, let's hope the stock still has legs after the last analyst has capitulated!

And then we have to start watching for downgrades... They might come along later, hopefully much later!

Selling after the second downgrade sounds reasonable to me. But it should be done regardless of what the stock price is. If your target is $100, and the downgrades gather speed at, say, $92, it is probably foolish to stick to the target and hang on to the stock. One's target price has no relevance to how the market behaves.