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


To: Jock Hutchinson who wrote (25434)11/14/2002 2:55:57 PM
From: uu  Read Replies (1) | Respond to of 25814
 
Ms. Hutchinson:

All I can say is that I - even though I did not know Jock in real life - I do feel like I knew him like an old friend.

As for:
> Jock felt that Dipy was a bitter frustrated worker who was fired from his job in the tech industry, and that Dipy had an ax to grind since Dipy would write that he had a large holding in LSI, while he would also try to harm the stock.

I too have always felt the same... While he tends to be civil and classy, he does sound like a bitter old man as expressed above - and his recent rather grim and attempt in trying to be humerous as expressed in his posts in a depressing market down turn is indeed further proof that he is a bitter man with an ax to grind...

In any event... May Jock rest in peace - as I am sure he is and as someone who does believe in after-life, I do feel strongly he is having a lot of fun up there joyfully.

Warmest Regards,

- Addi



To: Jock Hutchinson who wrote (25434)11/14/2002 5:33:08 PM
From: E. Graphs  Read Replies (2) | Respond to of 25814
 
Mrs JH,

My reasons are somewhat different.

For one, Jock has pretended to be someone else before. I believe it was in an effort to lure Shane into a false dialogue on yahoo. It was a while ago, but I believe you may have taken part in that ruse as well. Two, Jock often dug deeply into people's past messages and threw them up in the face of the present, as if nothing is allowed to change in this market, including a person's opinion. A good trader/investor has to be flexible and needs to be able to change with the market somewhat without being intimidated by somebody keeping a scorecard on their every move. Three, I also remembered Jock saying he didn't have Crohn's disease after all. He said he thought he did, but then he was relieved to learn that he didn't. It's on a post here somewhere, but I don't often research others posts so I wouldn't know how to get to it without it most likely taking hours of my time.

Anyway, I guess you and Jock must be kind of alike, as I see some of him in your posts and your strategies, and he was quite a character so I was making some assumptions. However, it's never been my interest to try to find out more about a poster than what he/she is willing to share about themselves. I'm here to talk about stocks and investments, so I will take your word for it then that you are who you say you are, and move on to the subject of LSI and the market.

BTW, my messages may not always be positive for the stock, but I really do wish you the best in your investment decisions.

E Graphs



To: Jock Hutchinson who wrote (25434)11/18/2002 7:16:23 PM
From: sea_biscuit  Read Replies (2) | Respond to of 25814
 
Jock felt that Dipy was a bitter frustrated worker who was fired from his job in the tech industry...

:-)

IMO, there are four kinds of tech "investors":

1. The bigshot management-type insiders. These people talk a lot about how tech is going to be the future and how they are taking us to the moon blah blah blah. And all the time, they will be selling their stocks in the name of "diversification".

2. The technogeek type insiders. These people are usually in the engineering and R&D wings of the companies. For the most part, these people believe the hype expressed by the above category. Rarely you might come across people in this category that see the game for what it really is, but the vast majority of these have bought the "going to the moon" story hook, line and sinker.

Some of these geeks behave like the group #3 mentioned below and are even willing to bet their farm on their company's stock and other tech stocks. The fact that these geeks are quite competent and capable in their work makes things worse, not better. It only serves to further cloud their sense of judgement and in an up-market, these people are the very embodiment of arrogance.

3. The wide-eyed outsiders. These people are the ones who hopped on to the bandwagon that tech is going to be the future. If anybody fell more for the story than those in the category #2 above, it is this group of people. It is this group that acts as bagholders when people from #1 dump their shares.

4. The skeptical insiders. This is a very small, almost tiny, group of people that belong to the tech industry. They are not big-shots and because they are also not geeks, they still have their heads on their shoulders. They could be as competent as the geeks, but unlike the geeks, they are aware that there are other things than mere technology -- like competition, business conditions, supply and demand, the economy, valuations, investment cycles that tends to repeat once in a generation or two and so on. These people are very wary of the folks from #1, and when these folks express their opinions, the folks from #2 and #3 don't like it, and even more so when the markets prove these folks right by heading down for years and years.

And when the folks from #4 are proven right beyond all doubt, the folks from #2 and #3 label the former as "bitter frustrated folks who were fired from the tech industry".

As for the folks from #1, they don't care about the rest. As far as they are concerned, the rest of the folks are all either foolish or insignificant or both.