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

To: uu who wrote (24258)	10/1/2001 12:22:43 PM
From: rairden	Read Replies (1) \| Respond to of 25814

Don't fight the market... Well, the Addi vs Dipy show has been somewhat instructive to me on the psychology of bulls vs bears in the current market environment. Maybe it's just the mood of the day, but Dipy's thoughts on the near term (2-year?) direction of tech stocks seem watertight. Downturns can last a lot longer than we expect. And companies may be forced into secondary offerings or unfavorable mergers just to survive. I'd like to be eternally optimistic, but experience shows that to make a nickel a buyer must at some point become a seller, unless the issue pays a heck of a dividend. I'm suspending any further purchases of LSI and other tech stocks, and will use any sucker-rallies as exit opportunities. I guess this is how momentum traders are born. Meanwhile I'll be accumulating cash and hoping to remain employed. The next two quarters are going to be too ugly to contemplate. I'll be impressed if SiliconInvestor/Go2Net/Infospace survives.