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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Douglas W. DeVries who wrote (7758)10/6/1999 11:37:00 PM
From: Uncle Frank  Read Replies (3) of 54805
 
Thanks for sharing your insights with us, Doug. Combining Gilder's vision with Gorilla gaming sounds like an excellent formula for success.

Q has been a dream investment. You bought "too early" and are reaping the rewards. I bought "too late and too high" and am reaping the rewards. Q has been a bullet proof investment so far. We've discussed timing, and I've contended it isn't very important to Gorilla gaming. As proof, here is the timing of my Q purchases:

4/5 @ 70 3/8 - 191% return
4/13 @ 84 3/4 - 142% return
5/6 @ 111 1/4 - 84% return
5/13 @ 116 3/8 - 76% return
5/21 @ 100 5/8 -104% return
6/21 @ 127 1/2 - 61% return
8/31 @ 176 - 16% return

In half the cases, I was upside down for a period following the purchase. My strategy was to assess and accumulate, not time. Q was strong enough to make my poor timing irrelevant.

Continued good luck to us all <g>,
FranQ
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