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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Bruce Brown who wrote (11877)	12/3/1999 2:24:00 PM
From: mauser96	Read Replies (3) of 54805

To "vet" means to examine something closely, to check it out. I believe the term is more common in Great Britain, at least I have run across the word mostly in books by authors from that country. I gave up on the gg digest several months ago because the volume of e-mails was so high, and the quality so low. Maybe I'll try again, but the discussion on SI is better. A comment on bio tech. I have a background that helps in evaluating these companies, but find that there are so many unknowable factors that they still make poor investments compared to gorilla -king tech companies. The nature of the approval process also means competitors are usually never far behind. Where would the PC business be if INTC and MSFT had to wait 10 years for the feds to give them an OK? True breakthrough drugs are rare, most drugs are derivatives. On a much smaller scale they are like development of the atom bomb. The first country to make had it the hardest. Once one was exploded, other countries knew it could be done, and the general principles, so it was vastly easier for them to develop one for themselves.

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