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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Len who wrote (7851)10/8/1999 10:28:00 AM
From: StockHawk   of 54805
 
>Pala: Gemstar. Did I miss something? You stated that no-one on this thread would invest in GMST at this point.

Is this true? Where have I been?<

I thought I would jump in here and answer for Pala - even at the risk of being wrong<g>. I think what he was trying to say is that he/she/we would be hesitant to invest someone else's money in GMST. The idea being that the stock has risks, and while it is OK for a savvy investor who understands the risks to make an investment, it may be imprudent to risk another person's money in such a stock. Perhaps reasoning that with more assured bets like QCOM, why go out on a limb. (The argument may then be extended that if you would not invest someone else's money in this way, perhaps you should think twice about investing your own - or invest in a small/cautious manner.)

At least, that's what I got out of it - the key word in Pala's post being "another's money" his advice to tekboy who was discussing moving his wife's money into gorilla stocks.

Certainly Pala was making a broad statement, and someone who manages money for a spouce/friend quickly spoke up and disagreed.

StockHawk
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