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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: LindyBill who wrote (5137)8/23/1999 12:07:00 PM
From: Uncle Frank  Read Replies (5) of 54805
 
>> Something major HAS to be going on on Q!

I absolutely agree! It could be a few of the big boys adding Q to their funds, in which case I'd expect to see Q retrace. Or, it could be an announcement of great import, such as a split, a sale of the handset division, a partnership with Siemens, or AT&T switching to cdma.

I sure am glad I took my lumps Friday afternoon and bought back my covered calls!

I'm on the same track as Down South; I sold my ntap for a fine short term profit, sold part of my csco, and bought more Q and Q LEAPS today at extremely high prices that will look like a bargain a few months (weeks?) from now.

The fundamentals and the momentum are too compelling to ignore.

Frank
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