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

To: Jock Hutchinson who wrote (18351)	5/4/1999 11:01:00 AM
From: patrick tang	Read Replies (2) \| Respond to of 25814

I don't have that much problem with getting in 'too early' at ~$24. I still expect to get 2x to 3x over 2 years counting from last Aug. Anybody who bought within 6 months from the real bottom and sell within 6 months from the top should do 2x to 3x in 2 years. Not too bad returns. Hit it dead on, 6x+ no problem. For those who got in $12/15, THAT was the steal of the century. I maintain now as then, company was doing all the right things and got knocked down for it. Couldn't get any better deals than that. Trick is not to 'average out' by buying within the 1 1/2 to 2 years going down in the middle and selling within the 1 1/2 to 2 years going up in the middle. But, for some people, they like the 'averages'.... For those who like to play in the middle years, better be nimble on the trades, move fast. Otherwise the stock might move away from you on the up and get you killed on the down. To do that, with all the stop limits placed, limiting the downs also limits the ups. Coupled with 50% tax rate per winning trade, I just don't see how the profits will come easier than just 'long term' investing in the cycles. Speaking for myself, I not only am not that nimble enough, but also don't have the nerves nor the cool head for that game. patrick