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

To: Grand Poobah who wrote (17910)	4/11/1999 1:13:00 AM
From: sea_biscuit	Read Replies (1) \| Respond to of 25814

GP: I am not talking about day-trading. I am talking about capturing those major upward moves and taking advantage of them. It doesn't happen too often. The last time it happened with LSI (prior to this current move) is in mid-1997 when it rushed up to 47 and then slid back big time. I don't think the dividend model can be used for tech stocks, because there are very few that pay dividends, and even fewer that keep increasing their dividends over long stretches of time. The only major tech company that has done it is HWP. Anyway, I feel that the fact that these companies do not pay dividends is at least one of the factors that make the tech-stocks so volatile -- there is no "dividend cushion" to break the fall of a tech stock once it starts falling... And btw, the buy-and-hold investor that I was referring to was someone like Addi. His average price, as he himself has stated, is 27, and he was under water just until two weeks ago! Since then, the stock has had such a tremendous run-up that he has now come out saying that he just doesn't care even if it goes all the way back to $10. <G>