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


To: uu who wrote (24186)9/24/2001 3:01:54 PM
From: sea_biscuit  Respond to of 25814
 
The point is you did not participate, did not take risks and therefore did not gain.

Nonsense. Just take a look at what the market returned in the 1995-1999 period. Over 20% every year. You could have made a lot of money in that period by just investing in S&P 500 index funds.

But what is important is not how much you make on the upside, but how much of your gains you manage to keep on the downside. You have been investing in LSI for, what, 7 years now? And all the time you held it as it went to its highs, and averaged down as it plummeted. And by your own admission, your average price is around 13 now.

The point is -- you participated, took risks and yet did not gain!