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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: akoni-1 who wrote (36164)12/7/2000 6:15:02 PM
From: Mike Buckley  Read Replies (1) of 54805
 
akoni,

I don't know if you achieved your goal of "convincing" Uncle Frank

The guy plays me like a violin. He writes anti-valuation stuff as sucker posts, knowing I'll write pro-valuation stuff. :)

I think it's terrific that you're using valuation to impose some discipline on your stock purchases. Since Gorilla Gaming metrics are about limiting risk and the purpose of using valuation tools is also about limiting risk, it makes common sense to me that they can work will together.

I wonder if you would mind explaining how you arrived at a PEG of 1.2 as being your threshold for buying a stock.

--Mike Buckley

P. S. Geez, I can't believe we're on the virge of a valuation "discussion" instead of having one guy hogging the microphone. :)
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