DS: Well, I did some rearranging of the furniture myself this morning, moving away (partially) from NTAP, adding more to Q, and initiating a position in RMBS....by the way...I feel VERY comfortable about that move, small at the moment, but I'm seeing pure gold flecks in there, and am hoping they lead to nuggets.
So now I'm 80% Q, 10% NTAP, 10% RMBS.
BTW, no response either here or on the RMBS thread about the puzzlingly low earning estimates SI has posted.
On the subject of "group think" we all must keep in mind that we don't make the decision about whether a given company is a gorilla or not....the gorilla's customers do that. As in the "Highlander" TV series, we're just the watchers.
I do believe that a small company can become the Orkin man to a much larger firm, but it's no small undertaking. The new technology faces an uphill fight all the way....questions about will it work, do so reliably, can it be produced, in high quantities, with no rejects? Does the company have financing, can it get enough plant space, enough skilled people, does it have partners with clout to support it, does it have customers with clout? Only when all these things fall correctly into place do we have a candidate, but it's only when these things are well in place that we have a gorilla. We here have a lot of watching to do, but we don't have any say in the real decision. Neither does Goeffery Moore. |
