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


To: Jeffrey D who wrote (14981)9/14/1998 1:16:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 25814
 
Jeff :

You need to think responsibly before shooting off accusations. Here is a brief explanation :

* I have been investing in LSI since mid-1994.

* Up until early 97, I used to buy LSI on dips and sell into long positive runs, and buy back again on dips.

* Then I decided to give up on these buy and sell activities and build a more longer-term, diversified portfolio instead, by lightening up on LSI whenever it displayed strength. I have made several postings about it on this forum, especially when LSI peaked at 46 7/8 sometime in 1997.

* From that point on (when I decided to lighten up on LSI), I have sold about 40% of my portfolio at about 32 1/2.

* Looking at my current holdings in LSI as a percentage of the maximum that I held at any given point of time, I have altogether sold 60% until now. The average selling price in that case also happens to be about 32.

* My views on investment strategies are received with considerable interest on this forum. I have absolutely no intention of ruining anybody's portfolio.

Dipy.