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


To: sea_biscuit who wrote (10933)3/16/1998 11:39:00 PM
From: uu  Read Replies (1) | Respond to of 25814
 
Dipy:

> I remember you sold some of your SUNW. Did you buy it back yet? Or are you waiting?

I sold about 90% of my SUNW holdings in the $46-$47 range last month. Bought back about 3% of what I sold at $38 last week, and am still waiting to buy back the rest in the $33-$38 range sometime by the end of May. But notice I used the term hopefully! What we usually want sometimes ends up being different than what we end up getting! I still think we will have some sort of mini correction by the end of May before setting the next stage for reaching new highs.

In any event I continue to be at this time about 34% in stocks (LSI, CPQ, SUNW, MSFT, and a few others all of which are high techs), and 66% cash. It is a very strange feeling not to be invested 100% in stocks as I had been prior to this month for the past 6-7 years!

Regards,

Addi Jamshidi