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: DownSouth who wrote (9028)	10/27/1999 9:41:00 PM
From: Percival 917	Read Replies (1) \| Respond to of 54805

DS, One of the reasons I stepped out of PMCS is that since I have been in it a short while it is flat for me and it is actually off it high by around 20% now that I look at it more closely. I didn't look as close as I was looking to consolidate. But now actually might have been the time to add since it was off it's high. Oh well, I wanted to get to 6 to 8 stocks maximum and something had to go. I have been looking at CNXT as well as BRCM. I'll do some more DD and then I'll get back to you. It's the old story...Too many great looking stocks...too little time (and money) to watch (buy) them. Later, Joel

To: DownSouth who wrote (9028)	10/28/1999 3:29:00 AM
From: Seeker of Truth	Read Replies (1) \| Respond to of 54805

By "roll" do you mean "sell"? Doesn't that depend on your tax situation? If you are a nontaxpaying entity such as an oil sheik or a 401K account then the penalty of switching around is tiny. But if you pay heavy capital gains taxes then the situation is very different. The greatest passive investor of all time, Buffett, is for buying and holding. Would you have been smart to switch out of MSFT or CSCO? How many gravy trains like that can one find? This puzzles me a lot. Are there multiple gorillas around the corner, waiting to be noticed? If so then when the gorillas we own have soared we should switch out of them. If not then we should buy and hold. I personally like hardware products that bundle a lot of intricate software, e.g. EMC's stuff. It's harder to copy that. Are PMCS products like that?