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


To: uu who wrote (7626)11/3/1997 11:18:00 PM
From: Duane L. Olson  Read Replies (2) | Respond to of 25814
 
//OT for Addi// ASND
Addi, there is always a possibility that an abandonded stock can rise suddenly... buyouts, for example. ALSO: right now is the typical time that tech stocks recover (November through February), so it is entirely possible that you will see higher prices for ASND. The probability, however, is that the same money will earn a better return when invested in other stocks. Remember, to win it is only necessary that your money grows, NOT that you make your profit on any specific stock. Example: If you have ASND at $40, it goes to $20. And you KNOW it will go back up to $30, but you also KNOW that another stock will go from $20 to $40... Aren't you a smarter investor to ride the stock which will go up 100% instead of a stock like ASND which will go up 50%? That is the basis for my opinion. Not that ASND will never go up -- just that other stocks have a higher probability of going up and by a larger percentage. Happy investing Addi! dlo