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 (9215)	10/30/1999 10:12:00 AM
From: gdichaz	Respond to of 54805

Uncle Frank: Per your request for comment on timing the Q. My strong suggestion is - don't. Suggest you remember your steadiness some time back on the Q when others here were in panic mode. That was one of your "finest hours" IMO. Getting out is the easy part, getting back in may not be so easy to time, nor may the opportunity be there as profitably for some time, if ever, viz. JDSU. As you know, I am a long termer on the Q. Of all the stocks I have followed over my long years of investing I have found none - not even Cisco - in which I have as much confidence for growth over time - especially the next 3 to 5 years. In addition, having tried timing time after time, I for one can not do it sufficiently well to make it worthwhile for me. You of course will do what you decide based upon your own skill, knowledge and considerable investing experience. Wish you the best of luck whatever you decide. Best to you and gratefulness for this thread. Cha2

To: Uncle Frank who wrote (9215)	10/30/1999 10:14:00 AM
From: Mike Buckley	Read Replies (1) \| Respond to of 54805

Frank, Timing is made even more difficult in this period of Q's massive change in their business model. You never know when news will come out that will make this or that basic fundamental apparent for the first time. As an example, virtually any day we could get an announcement about the sale of the handset division, or it could be sometime next year. It's just my opinion, but it's not worth the effort to time Qualcomm when the fundies are subject to so much change. I think the same is true for Gemstar for the same reason. --Mike Buckley

To: Uncle Frank who wrote (9215)	10/30/1999 11:19:00 AM
From: Uncle Frank	Respond to of 54805

It looks like SI is down for weekend repairs. But Classic SI is still online! Addicted G&Kers should bookmark this alternate entry to SI: techstocks.com

To: Uncle Frank who wrote (9215)	10/30/1999 12:32:00 PM
From: DaYooper	Respond to of 54805

Hi Uncle Frank, >>by moving 50% of Q holdings to cash<< With ALL due respect, it seems that I've heard you occasionally scold others on the issue of timing, something like..."timing is NOT a strategy of gorilla-gamers". And I've heard you speak to the idea of using margin to satisfy one's greedy tendencies. What would be the purpose of attempting to time buys and sells of a gorilla? Surely not greed, eh? <g> More fundamentally speaking, I remember when RNWK first ran up to 90 bucks (pre-split original shares) and we tried to talk a fellow on the Fool board into not selling because "once the price runs away from you, it'll be too difficult to convince yourself to buy again." He sold and the price was soon over $150 and then $200. However the summer correction gave him his opportunity to buy again. Would not expect such opportunities with the Q. Timing provides small potential gains and large potential unrealized upside. JMHO, respectfully, Rory

To: Uncle Frank who wrote (9215)	10/30/1999 2:07:00 PM
From: tekboy	Read Replies (3) \| Respond to of 54805

Ask and Ye Shall Receive: New Timing Test Back by popular demand is our mutual friend MoSSTeBoFS ("Modified StockHawk Short-Term Bottom-Fishing System"), a.k.a. Catfish. Jealous of my (much smaller) account's performance this week, the wife has ordered me to convert a small portion of her index funds into G&K holdings. (This recent development is to be welcomed, as it represents a distinct warming trend around the house. She nearly stopped talking to me a couple of weeks ago when, after repeated urgings, she finally sold her beloved Ericsson to buy the Q--only to watch Ericsson leap upward 15% a couple of days later when it blew past earnings estimates. Gotta get a new couch, those lumps are distinctly uncomfortable to sleep on!) Anyhooooo....this provides sufficient capital for a new public real-time MoSSTeBoFS test, so here goes. Demonstrating my confidence in the system (and trying to save on commissions), this time I am merely noting the initial market price (Friday's close) rather than buying in halfway at it. Plus, I am adjusting the limit orders slightly to reflect my hunches about the short-term performance of the stocks (with earnings coming up and all). Plus, I am giving the test a full week to work. The Strategy Trying to take advantage of normal volatility to get a discounted price on purchases that I have already decided to make, I have just entered "good til canceled" limit buy orders on four popular G&K stocks. If by next weekend the limits haven't hit, I will change the limit orders to market orders. I will post the results after the test is completed. The Stocks and their Initial Market Price (IMP): QCOM 222 3/4 GMST 86 7/8 JDSU 166 7/8 CSCO 74 GTC Limit Orders Set as Follows: QCOM 217 1/4 (-2.5%) GMST 84 3/4 (-2.5%) JDSU 154 1/2 (-7.5%) CSCO 68 1/2 (-7.5%) tekboy@ifthisdoesn'tworkit'sthecouchagain.com

To: Uncle Frank who wrote (9215)	10/30/1999 4:35:00 PM
From: William	Read Replies (1) \| Respond to of 54805

Unq - How many times have I read your words "I can't time the (or this) market? Now maybe they all came from Dancelot, but I seem to recall some from my Uncle Franq. Now, Type once, cut, and paste 1000 times - I can't time the market. Then take a sleeping pill, and wake up Thursday morning. And keep your finger *OFF* the enter order mouse click. William ps remember asking me if I was short calls on Qs $50 up day. I wasn't, do you want to be? W

To: Uncle Frank who wrote (9215)	10/30/1999 11:05:00 PM
From: edkaiser	Respond to of 54805

>>Fighting my MoMo tendencies, >>uf Good, grief, I've infected someone already. My advice -- do not touch the Q. Get your momo fix, if you really need one, someplace else. That way, if (when?) you make a momo mistakemistake, it will be covered by Q. I won't clutter the thread with recommendations on where to find some of the hard stuff. Of course, you could always check my profile.

To: Uncle Frank who wrote (9215)	10/30/1999 11:30:00 PM
From: JohnG	Respond to of 54805

FranQ. Sell What?? You need to keep reading the SAWS info I provided. Perhaps you've received E-mail from Margin Mike who some times takes a melaocholy turn at critical times. JohnG

To: Uncle Frank who wrote (9215)	10/31/1999 1:55:00 AM
From: StockHawk	Read Replies (2) \| Respond to of 54805

Frank, The risk of selling some Q as a hedge against an earnings-related sell-off is that they could have an upside earnings surprise and perhaps announce a stock split. Last time it split the stock was around $160. Strong earnings, bullish comments going forward and a split could easily cause a jump of 10% or more. Plus, if the rally of the past two days continues and the market is in a "up mood" it could move even more. Plus Uncle, you're making me nervous - Leaps, timing, next you are going to ask about a penny stock <g> StockHawk