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


To: Jock Hutchinson who wrote (13597)7/16/1998 1:31:00 PM
From: Daniel My Brother  Read Replies (2) | Respond to of 25814
 
It is interesting, this current trading pattern LSI is in relative the rest of the market. K is certainly frustrated and I don't blame him. But what can you do about it ? You really torture yourself by following this company on a daily basis. My advice is sell and take a loss or hybernate for 6 months and roll the dice. I'm about as frustrated as K, but will not sell or may I say, cannot afford to sell (loss just too much to swallow). It is hard to figure out why there are more sellers (and alot of them), than buyers. I can understand if you bought this stock at 21 and you're skittish about the near future. But it reallly looked like the downside risk in this company was minimal. Anyway....I'm going to take my 6 month nap....I'd advise K to do the same or sell!
Daniel



To: Jock Hutchinson who wrote (13597)7/16/1998 4:12:00 PM
From: Hightechhooper  Respond to of 25814
 
Better call your friends at lsi and tell them what a great job they are doing! In fact, they are doing so great that the market is rewarding them by selling off their stock.

I know, I know wait for the conference call then everyone will see just how great things are. I am beginning to wonder if your friends over there have led you (and me) astray. You don't get this kind of volume on the downside unless some powerful rumors are circulating. Its deja vu all over again!!

These crappy developments may now force me to sell half my position before the call, not what I had in mind!