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


To: uu who wrote (22603)8/10/2000 6:00:15 PM
From: sea_biscuit  Read Replies (1) | Respond to of 25814
 
I wonder if you would complain lets say a year from now - if (and of course I do realize this is a IF ) - LSI trades at $150/shr or more?

No. And if I feel now that I could complain later, I would buy it now... at half price!

Solid companies should be sold if and only if you do really need the cash to pay your kid's tuition, buy a house, or medical emergencies!

That's what I hear many others say and I think it makes no sense. Let's say that you had a medical emergency a month ago. Selling 1000 shares of LSI would have fetched you some $60K (before taxes) then. However, if you happened to face the same emergency a month later, you would have only $30K if you sold out now! Now, how solid is that? I would say that it is much, much, much closer to being "fragile as a glass cup" than "solid as a piece of rock".