Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: uu who wrote (17547)	3/27/1999 6:57:00 AM
From: Barry L. Mabe	Respond to of 25814

Addi, Hang in there! I'm also in at $27/share. I'll buy your lunch at $50! Thanks for all your posts and encouragements. BLM P.S. LSI was recommended on Wall Street Week last night.

To: uu who wrote (17547)	3/27/1999 12:54:00 PM
From: RRRoarr	Read Replies (1) \| Respond to of 25814

Addi, Your resilience is admirable. I have tried in vain to be a buy&holder. Impossible. I even re-read Lynch's books twice. No can do. Perhaps you can impart a wisdom or 2. Re your retirement, here's inspiration. Someone with 4-figure income most of his life left $3M for posterity: dallasnews.com Q-911

To: uu who wrote (17547)	3/27/1999 1:03:00 PM
From: Wolf 2	Respond to of 25814

Addi: You've prefectly described how I feel most of the time about many of my 'investments'. That's why I felt the need to establish a separate trading account a few years ago (albeit only 1/4 the size) so that my impatient alter-ego can nimbly trade in and out and hopefully reduce the frustration level of the buy-and-hold character whose progress is, at times, glacial. When (not if) LSI pays off in a meaningful way, we will be grateful for that stubborn streak that caused us to hold through thick and thin. Regards and best of luck, Wolf

To: uu who wrote (17547)	3/28/1999 2:14:00 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 25814

Addi, Have you sold anything at all? I too am a holder of LSI for about as long as you have been, maybe a bit longer. But I have sold into strength from time to time and have gotten rid of 40% of my holdings at about $30 a share. That brings the average cost of the remaining 60% to just under $9 a share (after accounting for taxes, commissions etc.) I don't believe that LSI is one of those "buy-and-hold" stocks. I would put MCD, PEP, JNJ, MO (my favorite), AUD, PG etc. in that category. But LSI has no place in that list, IMHO.