Gorilla and King Portfolio Candidates Message Board

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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: saukriver who wrote (54465)	10/24/2003 10:48:46 AM
From: Mike Buckley	of 54805

As fate would have it, says Mr. Gilder, 90 percent of subscribers had bought their stocks during the peak months of 1999 and 2000. I wonder if that's really true or just a guess by Gilder. If true, it's an amazing statistic. Mr. Gilder said, it was "obvious to anyone with eyes to see" that the stocks would undergo a massive correction. ... Back in the salad days of early 2000, Mr. Gilder also decided to buy out his two partners for $10 million. If it was obvious to Gilder that stocks would decline so much, why would he decide to buy out his partners at that particular point in time when the value of the newsletter business was surely to decline along with the stocks? Beats me. --Mike Buckley

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