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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Jill who wrote (6257)	9/13/1999 11:16:00 PM
From: Mike Buckley	Read Replies (1) of 54805

I'd suggest, gently, that you [LindyBill] need to take more care in announcing such a reversal. You've probably stunned and scared some threadsters. Jill, I understand your point. But I'm compelled to jump to Bill's defense here. When he announced the sale of his position, he made virtually no comment about any change in the Q's long-term fundamentals. There's no question in my mind that had he perceived a change, he would have let us know. When he was adding to his position in Qualcomm and ultimately getting to a 100% allocation, people were cautioning him to diversify. Now that he's 100% cash, those people should be suggesting to our debonair dancer that possibly a more prudent decision would have been to sell a part, not all, of his position. Regardless, we wish him the best of luck whether he's 0% or 100% Qualcomm. And I doubt that he'll ever be much in between. :) --Mike Buckley

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