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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Apollo who wrote (35281)	11/26/2000 10:07:12 PM
From: H Peterson	Read Replies (2) of 54805

G&K Thread Personal Portfolio Survey What do you own? SEBL 29.46 % QCOM 24.68 % AMCC 11.20 % BRCD 9.22 % JNPR 6.45 % NTAP 6.12 % CIEN 4.98 % EMC 4.03 % EXTR 3.86 % What was your single largest mistake in 2000, and why do you think it was a mistake? I have learned a lot since last years Survey I submitted. If you want to go back and look at what I was trying to accomplish, the link is here : Message 13727051 I bought my first share of QCOM on 12/29/99 for $611.20 (pre-split). I continued to buy more shares each week or two. If you go back and look at my last years portfolio I was sending money in to my on-line account weekly to duplicate the 401K I had pulled out of. When QCOM started to drop in the spring, I made the decision to keep buying on the down slope to average down. On 8/28/00 I decide after being 100 % invested in QCOM with 27 shares to sell and diversify into other G&K stocks and some Next Generation stocks. I took a loss of $1886.08 on those 27 shares and bought into other stocks I thought would have a better return than QCOM was going to give me. By the way, those 27 shares have increased 41.4 % since I sold them. I bought back some QCOM shares starting on 9/29/00 and now have 6 shares which have given me a return of 14.7 %. I feel good about having a more diversified portfolio at this time and wish I wouldn't have waited so long to sell my QCOM when it was tanking. I know what I did probably won't sit to good with some of you veteran's that believe you should hold through the dips for the LTB&H results. Like many of you have said, each one of us has different circumstance that effect our decisions. Mine is I don't have as many years left until retirement to do the very LTB&H that some you have. I guess what I'm trying to figure out in my mind is, should I have been trying to average down on a stock that was in a deep decline or not. Anyway, I'm learning a lot from you veterans and thank all of you for unselfishly sharing of your knowledge. H Peterson

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