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


To: uu who wrote (24160)9/21/2001 5:26:30 PM
From: sea_biscuit  Respond to of 25814
 
Whether LSI goes to 5 or 6, or whether it goes to 1 and then comes back to $10-$12 or $100/shr or $250/shr, one thing will be for certain: You will not be doing anything.

That's what you think. You see, I am not exactly waiting for that magical moment when the sky turns green signaling me to get back in! When I do get back in, I will let you know. As it is, I have some 25% to 30% invested in stocks like BRK and funds like LLPFX where I trust people like Buffett to decide what to do with the money.

It is sort of like the guy who never wants to drive thinking he may get into an accident, and when he sees some horrible accident...

That analogy doesn't hold here, because I was invested in LSI and got out at levels that are 500% to 600% above current levels!

To use your analogy, however, I am like the guy who was driving around along with the others until he realized that there were just too many DUI cases on the street and decided to get back home ASAP! :-)