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

To: sea_biscuit who wrote (22604)	8/11/2000 1:27:08 AM
From: uu	Read Replies (1) \| Respond to of 25814

Dipy: I have a feeling you are confusing the concept of having a savings/CD account with investing in Companies such as LSI, SUNW, etc. You state: > 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". One does not put his/her medical emergency money into the stock market. What I tried to point out in my previous post was to say that if you are invested in fundamentally sound companies such as LSI -(and NO I do not believe LSI is no longer part of the cyclical sector you believe it belongs), one should not try to time the market and sell it just because the stock has had a good run. Sure in the short term you may lock your paper profits. However in the long run you will miss out on much greater gains. My point is you hold on to it unless there is really an absolute need for you to use the cash at which time you consider - just consider - selling. Regards,