Gorilla and King Portfolio Candidates Message Board

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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: pann1128 who wrote (22772)	4/14/2000 9:39:00 PM
From: kumar	Read Replies (1) of 54805

trying to gauge reasonable entry points for buying Gorillas. I'm not Mike, but if I may, let me relate my personal experience on this question : Aug 98 was the 1st time I bought CSCO. (and only 20 shares, coz thats all the money I had at the time). Bought at just over $90/share. An "investment savvy" friend of mine said to me "I was stupid for having bought at such a high price". I still hold it, (and added more over time), he sold it then to "boast about a great buck he'd made" You do the math on that purchase, and maybe that will help u understand a few things : - do not apply standard valuation metrics to a Gorilla. (because they are an elite breed). - If it was good enough for one to buy @ $82, it certainly has to be good enough to buy @ $57 (assuming one has some cash to buy with) - If one cant buy more (for whatever reason), then just hold what one has. cheers, kumar

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