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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Mike Buckley who wrote (12742)12/14/1999 6:55:00 AM
From: daffydog  Read Replies (1) of 54805
 
Mike, That was a great call on QCOM. I was in the Q on a Gilder recommendation, and I nearly sold it just prior to the ERICY capitulation, as I was very concerned that ERICY would win. Fortunately, my inertia prevented me from hitting the sell button.

But look at the Q now. $68.88 billion market cap. P/E of 353. Is this a cheap stock? No value investor in the world would say that it is. In fact, someone recently asked incredulously on this thread, "Do you think QCOM can double or triple from here?"

If the gorilla game theory is correct, doubling or tripling is just the beginning.

MGG
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