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


To: Daniel My Brother who wrote (10662)3/6/1998 1:33:00 PM
From: RFF  Respond to of 25814
 
Hang in there for the STB announcements! (TCI and SFA)



To: Daniel My Brother who wrote (10662)3/6/1998 1:56:00 PM
From: E. Graphs  Read Replies (3) | Respond to of 25814
 
Daniel,

I know, I hate it too, but check out this bull run! WOW!

E



To: Daniel My Brother who wrote (10662)3/6/1998 2:59:00 PM
From: sea_biscuit  Respond to of 25814
 
How much should one invest in LSI? This is a question that I was trying to address for a while.

My thoughts : Whenever people speak of great stocks, say MSFT, CSCO, CPQ, HD or WMT, they usually say, "If you had invested $10,000 in year 19XX, you could have $Y now" (And Y will usually be several hundred thousands, if not a million).

That is, if a stock is so great, then $10K should take you at least somewhere. If you had anything more than that, it could either mean (a) more icing on the cake, or (b) a larger proportion of your investment producing average/near-average returns.

So, the conclusion is : $10K ought to be enough. Assuming a price of $20 at the start of 1998, this means 500 shares of LSI. And this in turn means I have to sell quite a bit of LSI whenever it makes those periodic upward spikes.

With 500 shares in hand, if LSI does extremely well in the future, as Addi and others expect, it will take me somewhere. On the other hand, if it remains a so-so investment, that would be fine too, and hopefully, its performance will be within a few percent of the overall market over the long-term.

Any comments?

Dipy.