Chaz,
<< established gorillas as Microsoft , Intel, Cisco Systems, Oracle and SAP >>
The original Moore gorillas named by Moore in both editions of the manual were indeed MSFT, INTC, CSCO, ORCL, and SAP.
SAP gets VERY brief treatment compared to the others.
<< For a variety of reasons, neither Oracle nor SAP have been popular here as investments, and even if Moore calls them gorillas, there seems to be little support for giving them that status on this thread. Or perhaps even if in that status technically, not candidates for current investment. >>
I remain in ORCL long, and consider it to be every bit as much a gorilla as MSFT, INTC, CSCO. I have no immediate plans to sell, but I have no plans to add either, but that is pretty much the same as the way I treat silverbacks MSFT, INTC, and CSCO at the moment.
As for INTC, I personally still maintain that if it is not a gorilla then there is no gorilla game.
<< After considerable discussion here, Qualcomm was accorded full gorilla status (as a CDMA gorilla), while JDSU was a consensus king not a gorilla. >>
I also think that SEBL, ITWO, and QCOM are gorillas. In the case of the first two I think Moore agrees and he did give some hint that he considered Qualcomm to be a young one as well.
I do look at QCOM somewhat differently then you (and probably others on the thread) in that I consider it to be the gorilla of cdmaOne/cdma2000 - not CDMA - making it a local gorilla in Moore's terminology, and a chimpanzee in the overall wireless game. October 2001 really marks the inaugural date for that distinction in my mind since that was when WCDMA launched commercially in Japan and production infrastructure started shipping to carriers worldwide. The total lack of architectural control of WCDMA is the distinguishing factor and that becomes increasingly evident to me. Be that as it may be, Qualcomm's IPR platform is a significant asset, and the cdmaOne/cdma2000 market is also a significant mass market within the much larger wireless market.
I think if I had a conversation today with Moore, I would explore his thoughts related to mine (that I expressed in the preceding paragraph).
As for JDSU - I want to reexplore them. I maintain a sizeable position (profitable I might add - and dating back to the UNPH days with some early SDTI and some SDTI arb thrown in). Not a gorilla in my mind by any stretch and I'd also like to know how Moore came up with that possibility. I'm wondering if they are even a King to be honest.
... so anyway MY list of established gorillas is:
- MSFT
- INTC
- CSCO
- ORCL
- SEBL
- ITWO
- QCOM
[67% of my current all-tech equities portfolio]
... and possibly
- SAP
... with maybe some gorilla genes in BEAS?
- Eric - |
