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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.59

-3.9%

Nov 20 3:59 PM EST

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To: JMD who wrote (35524)	7/17/1999 9:34:00 PM
From: gdichaz	Read Replies (1) of 152472

OTOTOT Hey. since both of you Mikes are among the best thinkers (combined with humor) I have observed on this thread, lets not stop there. One of the ideas in the Gorilla Game is that when it is not clear whether a specific company is a future "gorilla" - i.e. long before any bowling alley or chasm is in sight - a GG sanctioned approach is to spread your bets at first. I did this for example with Cisco in 1990, Stratacom a bit later, Wellfleet a bit later, Ascend a bit later and Cascade a bit later still. Long before the Gorilla game was written. But the point is that this is a perfectly respectable GG procedure. Waiting is not always required. And from my personal experience, using Cisco as an example, sooner beat later by a long shot. Waiting for an "entry point" would have been a loser in each of these cases. Dollar cost averaging might have been a good way to get into these flyers if funds are limited by the way. An approach of considerable merit IMO. Comments? Chaz

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