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


To: Andreas who wrote (22612)8/14/2000 12:17:08 PM
From: Jim Spitz  Respond to of 25814
 
Andreas,

I bailed on my shares of LSI and bought IMCL a few days ago. I think a lot depends on the market right now. Just my opinion. If the market falls, so will LSI. A lot won't be known until the next quarter reports and we see what became of the revenue shortfalls from last quarter.

There is a commonly held belief that it is a good thing to take money off the table and lock in profits. I share this belief. I felt a few days ago that IMCL was a better bet and I was right short term. Long term? who knows. It is certainly possible that LSI could go back to $30ish in the near future. On the other hand, the market may decide to treat LSI nicely soon and it could go up from here. The market is a funny creature.

These are my thoughts. Take them not as investment advice, but just as something to mull over.

Stay in the Black! jimS