Lindy,
I forgot to respond to other details in your thoughtful post.
EMC is one of our "Gorilla" candidates that took a dive this month. What's up with it?
I think you mean, what's down with it? :)Hey, it "only" fell 30% and that's after a terrific long-term run-up. Even so, it has already rebound somewhat. I'm not concerned.
By the way, is INTC going to be competing with EMC in their new business venture?
I don't know. I don't think Intel's strategy has been that clearly articulated. I think it's fair to say that they will either partner with EMC (directly or indirectly) or become their competition.
Citrix, Gemstar, and Siebel are three I know, and have stayed out of because they are "Small Cap". They are all off January highs, and are fascinating companies. They should be considered for our G&K list, IMO.
I'm reasonably confident that they are already on one of the two lists, probably all of them on the W&W list. Just to set the record straight for those who aren't as familiar with these companies as you are, they aren't the smallest of small-cap stocks. The market caps of Citrix, Gemstar and Siebel are $3 billion, $5 billion and $3 billion, respecitively. Gemstar is off its April high and is much higher than it was in January, but that's for another discussion only if people are interested in it.
About SAP, if you noticed my posts in response to their earnings report, you're probably aware that I think SAP can go a lot lower. I'm being patient because I don't think their problems are over. I do think the problems are relatively short-term though. Even so, I won't buy until information about the company becomes more readily and as easily available as the other companies I study. As an example, we're already nearly half way through 1999 and there aren't any FY2000 estimates at Zacks.
It's almost time for Frank's casino to open. Better move on for now. :)
--Mike Buckley |
