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


To: Ram Seetharaman who wrote (18496)5/18/1999 8:34:00 PM
From: rairden  Read Replies (1) | Respond to of 25814
 
Selling while a stock is going up, one's depression doesn't really
begin until one runs out of shares to sell; or until April 15th,
whichever comes first.



To: Ram Seetharaman who wrote (18496)5/18/1999 8:35:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 25814
 

Wrongo! I have no reason to be depressed, whichever direction the stock takes. If it goes past 50, I'll still have shares left (to sell). If it slides back to 30 or below, I can take comfort in the fact that I sold at 34 and at 39 7/8. And if it stays put at these levels, I will set the next target and just wait!



To: Ram Seetharaman who wrote (18496)5/18/1999 8:57:00 PM
From: uu  Read Replies (3) | Respond to of 25814
 
Ram:

> DIPY WILL BE DEPRESSED WHEN LSI HITS $ 50

I do not believe being depressed can be a result of making money. Dipy may, just "may", feel later a bit disappointed as why he sold part of his LSI shares early, but from what I have come to know about him for the past 3 years or so, I am most certain he would make the missed gain (and more) somewhere else.

One thing I become so nervous about is when all of a sudden people become so exuberant with a stock (such as LSI) that their expectations go so high the ultimate outcome "may" be nothing but disappointment. We all have been there, have we not? So let us be humble with our expectations of LSI's performance and allow its business model takes us (and the stock) where we (and the stock) have not gone before! I for one certainly hope it continues its move upward toward my target price of $70/shr which I have kept since mid 1995!

Regards,

Addi Jamshidi