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

To: sea_biscuit who wrote (9723)	2/11/1998 9:13:00 PM
From: C E D	Read Replies (1) \| Respond to of 25814

Addi, Dipy, I enjoy your posts, lets get back to the substance and merit of LSI. Ed

To: sea_biscuit who wrote (9723)	2/11/1998 11:02:00 PM
From: uu	Read Replies (1) \| Respond to of 25814

Dipy: Ok... whatever! - Addi

To: sea_biscuit who wrote (9723)	2/13/1998 2:30:00 AM
From: uu	Read Replies (2) \| Respond to of 25814

Dipy: <off topic> I feel I did not respond properly to your post, so please accept my apology. you state: > A self-declared "long-term investor" who pays so much attention to the utterances of some fortune-teller on the street! Hmmmmm. It takes all kinds to make this world, right?! And later when I replied to you: "Ok... whatever!" you stated: > "Great. I am getting used to things ending this way... :-) despite the fact that if you recall we had the same discussion a few months earlier! Anyway, Allow me to explain something to you: As I have told you I am a long term investor. I do invest in a company strictly based on my own research and understanding of the company, my gut feelings and the underlying valuations that "I" feel to be fair to pay for that company. I do not (and let me repeat this: I do not) care what the so called analysts say or think about the company "I" have decided to invest my money. And as I have told you before my strategy is to invest, set a target price and wait till that target price is met. And in case the stock falls dramatically from what I paid for I always try to average down based on the cash that is available to me at the time. Having said that, I need to make something absolutely clear to you as I am sure you do understand yourself. We all are human beings with emotions that drive our everyday lives and our interactions with others. Just look at your comments to me which does sound a bit hostile after I simply told you "I give up! Ok... Whatever!" to your earlier post (which really irritated me - i.e. another emotional reaction)! So as human beings we can not simply set aside and observe life and others without allowing our emotions to intervene (at least I for one can not possibly do that, and therefore perhaps I should not generalize)! Hence when I have thousands of dollars invested in a company such as LSI in the form of holding a few thousands of shares of the company at an average price of $26 and change, I can not just sit there and ignore what is happening to the stock eventhough it maybe a short term event which in the long run will be considered as simply a blip. As I said as a human being I for one can not possibly ignore my emotions. So when a so called influential analyst who has flipped flopped many many times in the past on his predictions, comes up and downgrades (or upgrades) a stock such as LSI I can not ignore that and I would be very surprised if you could either! The result is that I (as a normal human being with emotions) do get irritated and bothered by the fact that how the words of one man who has proven to be wrong many many times (if not all the times) in the past can move the underlying valuations of the company I have invested and therefore my stock! It does not change my view of the company one bit because I am following its fundamentals on a daily basis ( and yes on a daily basis because with my thousands of dollars invested I feel I am one of the owners of the company) and as long as I feel comfortable with its fundamentals I continue to be invested in that company. The only thing that happens to me is the temporary anger/disappointment as how one man's word of mouth (and nothing else) can change the valuations of that company in a matter of seconds and so dramatically! And again it is a human thing to become emotional about that eventhough it is a short lived event and you know that everything will end up being OK eventually. After all in the final analysis it is the underlying fundamentals that drives the valuation of the company and not one man's word of mouth! However and let me be specific on this as a human being I (for one) can not possibly ignore my emotions when I see unfairly (In my view of course) that the underlying valuations of my company have been reduced dramatically by one man's word of mouth (who may be doing it for his own interests and have absolutely no merit)! So this is the best way I can reply to your remark, and I do hope you consider that as being prompt. Regards, Addi Jamshidi