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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Len who wrote (2837)	6/20/1999 8:49:00 PM
From: LindyBill	Read Replies (2) \| Respond to of 54805

feel like I missed the Q opportunity Len, I am telling people to jump on Q at this price. It is on its way to 200 by September, and 300 this time next year, at least, IMO. But, whether I am right or wrong on Q, the statement you made is the biggest Investment mistake I have seen on these boards. It is assuming that, because a stock has been recognized, and has risen sharply, it is too late to buy it. Hell, the people on the Q board were telling me this two months ago when I bought Q and they were in at 50! One hell of a lot of them sold at 150. I got a 6 bagger on AOL last year after it had gone to the Moon. Same on Dell. Everyone on these boards who has been around a while will tell you how they missed out on a Gorilla because they thought it was too late to buy.

To: Len who wrote (2837)	6/20/1999 9:50:00 PM
From: Tlac	Respond to of 54805

Len, If I may, I'd like to reiterate Lindy's response to your "I feel like I missed the Q opportunity" post. ...the statement you made is the biggest Investment mistake I have seen on these boards. It is assuming that, because a stock has been recognized, and has risen sharply, it is too late to buy it... The phenomena which is so often responsible for this common mistake is clearly addressed in the book. Identification of this phenomena is at the core of this thread, and is why we here all walk around with silly grins when thinking about the Q! You have an outstanding opportunity to share in the wealth to be sewn from the brilliant development by the Qualcomm founders, of CDMA technology. I would encourage you to put some thought to Lindy's advice. Kelly ps. No, you don't have to wear on of those. <g>

To: Len who wrote (2837)	6/20/1999 10:18:00 PM
From: Uncle Frank	Read Replies (2) \| Respond to of 54805

>> I feel like I missed the Q opportunity Nonsense, Len, you haven't missed anything. Qualcomm has just had its first split, has a meager 150M share float, and a market cap of under 20B. One of the underlying concepts of the GG is that companies who have had a discontinuous innovation adopted in a hypergrowth sector will have an extremely long period of prosperity. This applies in spades to qcom, since they have a stranglehold on an enabling technology, and both the costs of switching and the legislative barriers to doing so are enormous. I've bought qcom 5 times over the past 3 months (at 70 3/8, 84 3/4, 116 3/8, 111 1/4, and 100 5/8) and will buy more next week. If they truly are a Gorilla, today's "high price" will seem like a steal a year from now. I learned this lesson with Microsoft before I knew what a Gorilla was. I watched Mr. Softee run for 6 months waiting for the dip that never came. I was intimidated by its high p/e ratio and recent appreciation. I finally made my first msft purchase (of several) at a then record high 101/sh. in January '97; at 85, after two 2:1 splits, thats a 233% return in under 29 months. The beauty of the GG is that you don't have to sort out the Shiny Pebbles from the Royalty, and you don't have to be a market timer. You can wait until a Gorilla or King has already emerged, buy in "late", and still make incredible returns - with minimal downside risk compared to any other type of investment. The above explains my apparent indifference to small and micro cap issues. I've been burned many times on Story Stocks, Shiny Pebbles, Princes, and Chimps, but have always had great returns on my Gorilla and King investments. Frank

To: Len who wrote (2837)	6/21/1999 9:05:00 AM
From: DownSouth	Respond to of 54805

Len, I don't think anyone here is going to tell you to buy or sell any particular stock. You own a couple of my favorite stocks, but I do not believe (hold on for this one, Frank), that either EMC or NTAP are gorillas. They are kings in their respective SAN and NAS markets and they are on a collision course. They will both thrive for a while. I particularly like NTAP, but that is because I understand it. Why have you not mentioned CSCO as an alternative? They truly are a gorilla and the tornado continues around them.