Sure-Thing Portfolio! No Way to Lose! - Fortune Street Life March 2, 1998
pathfinder.com
Cisco is only networker in "Sure thing" Portfolio:
....Even so, I think I know of a sure thing. It's
right there in front you: the growth of the
Internet. It's incredibly obvious that more
people are going to be using the Net five
years from now than are using it today.
Millions more. That's a sure thing.
Okay, so you belly up to the bar and buy
Internet stocks. Those things!?! Most don't even have earnings!!!
They're expensive!!! And worse, the group's last "sure thing" stock,
Netscape, headed south for the winter (and maybe longer).
All true, but I didn't say every Internet
stock was a sure thing, just the Internet
concept. That's why you want to buy a
bag of these stocks and stick with
first-tier names. After consulting with
analysts Keith Benjamin of Robertson
Stephens, Mary Meeker at Morgan
Stanley, and Paul Noglows at
Hambrecht & Quist, I came up with a
five-stock portfolio (see table) that I'm
hoping will prove my thesis. We'll
update the portfolio in future "Street
Life" columns. And remember, I'm talking about a five-year time
horizon, so don't flame me if they take a hit next month! (And you
know enough not to take that headline literally, right?) |
