Candidate for GK 2000 list: ARMHY
Unqle Franq has proposed the criteria for selection of Y2K's GK list and indicated those from this past years' GK list that will be continued into Y2K, and those from the Watch and Wait Portfolio that are now considered Gorillas or Kings.
From GK list YTD Performance
CSCO + 120%
EMC + 141%
INTC + 40%
LU + 32%
MSFT + 69%
SEBL + 429%
SUNW + 237%
QCOM +1752%
From GK W+W list YTD Performance
CMGI(Godzilla) + 871%
GMST(Gorilla) + 397%
JDSU(King) + 837%
NTAP(King) + 265%
The leader in performance for this year, on the Watch and Wait portfolio, ARMHY, with a gain of 1137%, was not included for consideration, apparently as it was not held by sufficient numbers of posters to reach "consensus". It does now meet the $10BB market cap criteria.
The gains of over 1100% thus far during 1999 for Arm Holdings, Ltd. are unusual, and not likely to be matched in Y2K. However, the potential for this firm is currently consistent with King status, I submit, and may well develop further simian characteristics in Y2K.
I propose that the top percentage gainer for each year's Watch and Wait portfolio be included in the subsequent year's GK index.
I realize that this is a foreign firm, and I note that no offshore firms are included in the new GK list. It may be more difficult for GK hunters to research and follow non-US firms, but with the availability of internet investment research resources, it should not be beyond the capability of those interested, if they are to expand thier opportunities for excellent returns beyond US borders.
While I am not optimistic regarding expansion of the existing choices for Y2K, I am presenting ARMHY once again, as an investment vehicle that, I believe, will rival, and likely, surpass the majority of GK choices again in Y2K.
Best of luck to all in the New Year.
James |
