Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Uncle Frank who wrote (7842)	10/8/1999 11:28:00 AM
From: Apollo	Read Replies (2) \| Respond to of 54805

UnQ, or is it UnC??? Sire, you mentioned your recent religious experience with Cisco, after listening to John Chambers give an address; and further indicated you'd be revisiting Cisco as an investment. Would be curious as to why you would invest in this excellent gorilla now. This is not a criticism, just want to hear your thoughts. I gather you were in before, then elected to reinvest in Q presumably because of more explosive growth potential. Has something changed in the fundamentals or in what Mr. Chambers stated that would make you think that Cisco growth will be increasing, or will rival Q's growth? Or would investment in Cisco be a move toward gorilla safety with diversification? As for me, let me say that I owned Cisco from last Fall to early this year. Took my excellent profits, and reinvested them in Rambus for presumably greater growth potential. Had decided that Cisco was terrific, but that looming competition with Lu and Nortel would reduce its profit margins, and since Cisco is already so highly valued by The Street, that there would not be as great an upside with Cisco as with a Q or with a gorilla candidate like Rambus. Needless to say, this did not pan out as foreseen. I sold Cisco at ~ $50, and broke even or a little in the black with Rambus, many months later. These monies are now in Q, and I hope will do well. In your case, I think you were 100% Q, then transferred some to the Gem, a gorilla candidate that may soon be in the tornado. But I am assuming here that to buy Cisco, you would be further reducing your Q investment. So this would seem to be a move toward the safety of diversification (albeit in Gorillas). That would be a strong statement about Cisco. The essence of what I am asking is this: what did Mr. Chambers say that would compel you to reduce your stake in Q? Just want to learn from the King, Apollo