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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Uncle Frank who wrote (3720)7/13/1999 11:36:00 AM
From: Teflon   of 54805
 
Very true, Frank, but as we have often suggested, short termers lose in this Market, eventually. To me, going out to October provides some long term coverage on the Sold Puts, while allowing me to jump on the current weakness in the stock.

To clarify for edamo, I still think QCOM is a little baby Gorilla at best. Being that QCOM is still very young with lots to learn and territory to cover and call his own, it will often make childish mistakes in its attempts to grow through its maturing process.

QCOM's gorilladom is based upon circumstances coming together in the future more than its current place in the Market. In the mean time, the Company will still be forced to make business and financial decisions that a MSFT is free from enduring.

Until then, invest long term.
Teflon
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