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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Byron Xiao who wrote (14078)	1/28/1999 9:48:00 PM
From: almaxel	Respond to of 64865

charts.techstocks.com Pardon my ignorance, but how couldn't you do that well holding Sun for several years when looking at above 5 years chart? Ralf

To: Byron Xiao who wrote (14078)	1/28/1999 10:23:00 PM
From: Michael F. Donadio	Respond to of 64865

Byron, I believe the LSI story is just beginning. Addi's problem, if you want to call it that, is that he sees too far into the future. Delay his investment advice by 2 years. It takes that long for the rest of the world to catch up. All the best, Michael

To: Byron Xiao who wrote (14078)	1/29/1999 12:44:00 AM
From: uu	Read Replies (1) \| Respond to of 64865

Hi Byron: <somewhat off topic> > But didn't Addi invest in LSI Logic? I don't know how well they are doing now... Yes, indeed I have invested in LSI. In fact LSI Logic is currently my largest core holding with an average of $27/shr. The stock is currently at around $24/shr, and has been as high as $65/shr (back in 1995) and as low as $10/shr (about 4 months ago). I have been invested in the stock since 1995 (first time I bought the stock it was at around $52/shr and the lowest I bought was at around $17/shr). Anyway, I believe strongly LSI Logic will be in the $100+/shr before 2001. As for how they are doing now, here is their latest earnings report just came out this afternoon after the market close (easily beating the most optimistic whisper numbers!): biz.yahoo.com According to the CEO: ''LSI Logic emerged from 1998 with considerable momentum and with the growing belief that the long-awaited recovery of the semiconductor industry is about to begin,'' said Wilfred J. Corrigan, LSI Logic chairman and chief executive officer. ''In the second half of the year we completed our integration of Symbios, Inc., initiated a comprehensive restructuring plan, and commenced manufacturing at our state-of-the-art Gresham facility. We are well positioned for an industry upturn.'' As for SUNW, if invested back in 1993-1994 you should be a very very very happy investor and I am surprised to read that you state SUNW has not done that well over the past 4-5 years. If you invested back in 1994, your investment has grown by about 300-400%. Now I do not believe a return of 300-400% over 4-5 years not good (that is an average of 100% per year). In any event, the point I am trying to make is that when it comes to long term investing, as long as the company you pick has strong fundamentals the market will eventually catch up to it. The most important ingredient of investing (IMHO of course) is not really the initial money (although it sure is important!!), but the company you pick and above all the discipline to be patient for your investment to start becoming a money making machine for you. Keep in mind Short term traders make pennies, while investors make dollars!" Anyway, certainly I have had my bad picks. Last year I bought CYBG (Cyberguard) at around $16/shr. Despite the fact that my investment in that stock was purely based on speculation knowing up front the high risks involved, yet it still hurt when by the end of last year I sold my entire stake between $1.75 and $3/shr! Still not bad considering the stock no longer is tradeable as of 2 weeks ago! Regards, Addi Jamshidi