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 (9271)	10/31/1999 6:02:00 AM
From: unclewest	Respond to of 54805

Unclewest, this means you can't time Q either. LOL uncle frank, don't worry about that....a good timer i am not. to counter that inability, i average in to every stock. even if i want to buy my entire position today, i will make several purchases throughout the day. i am now totally hooked on this gorilla concept. totally. i am still disposing of some other holdings.(i get out like i get in, using several sells.) it has been quite agonizing to part with some old, old friends. i sold out of three last week...working on a few more. i am keeping q, emc, and cree. with a 90% market share, 70% accelerating growth, and a double from the day i loaded up in early august, i cannot pry my fingers from my cree shares. officialy ordained gorilla or not. i will reevaluate if the thread decides cree cannot grow hair or be fitted for a crown. have established a handsome position in gmst. i need another 10% to complete that position. remember, i was early at 68. i never will understand that dip following the tv guide news. but, i am grateful for it. planning safaris into the jdsu and ctxs jungles next. i bought bac as a y2k safety play 2 weeks ago at 49. it did not work as i thought. suddenly, right after i bought it, bac attained high flying internet like trading characteristics. since then i have decided to be a gorilla hunter and i realize a big cap bank is not a gorilla, nor an i-net, so i'll take the tax hit on the short-term gain. at least it will make me feel better about selling armhy a week and a half ago at 60. armhy only has about a 20% market share and 4 large competitors. armhy promptly gained 15 points in just a few days after i sold. a lot of interesting and positive news out about rmbs this weekend...i am evaluating the new news. lots of folks here are in rmbs...i could tell by the large number of requests for my thoughts that were pm'd to me. the 2 most telling items i learned in the past 2 days are that rambus pc's will begin shipping before thanksgiving. see cnet news released friday night. more importantly...the 3rd slot problem may be confined to intel's motherboards. here is a link to a gateway mobo. i found this link at the yahoo message board last night. clearly shows 3 rimm slots. scroll down to the specifications and read the ram capacity. gateway seems to be flaunting 3 slots and memory capacity. the site is just a few days old. you can check this by right clicking on the picture, then click on properties and read the date created, oct 25, 1999. gateway.com uw@happilycreatingbrokercommissionsforothersandtaxburdenformyself.com

To: Uncle Frank who wrote (9271)	10/31/1999 10:58:00 AM
From: gdichaz	Read Replies (1) \| Respond to of 54805

Uncle Frank: As you know in response to your question on whether you should try to time the Q's short term price movements, my suggestion was - don't. That was on the assumption that you were considering selling the stock and then trying to time buying it back. For that my suggestion is still - don't - because the timing of the buyback is so difficult and the stock may have run away from you. And you would have substantial short term capital gains on which taxes must be paid at the ordinary income rate, while waiting permits the lower long term capital gain rate. In brief the game ain't worth the candle. BUT in thinking about Voltaire's approach which he outlined on the Q thread, he is trying to avoid timing a sale of stock, he is talking about keeping all the Q stock and buying an insurance policy on it by writing (selling) in the money calls. This is a horse of a different color. Insurance not timing. It is a sleep at night strategy. A little complicated and needs careful execution on the writing and buying back of the calls themselves, but the stock is untouched. Do I understand Voltaire's approach correctly - and if so - isn't it an even more conservative, i.e. modifying the Gorilla Game strategy by taking out insurance so to speak, (taking some license or interpretation of it) than simply holding the stock naked through earnings. Comments welcome, particularly on: First, is my reading of Voltaire's strategy correct? Second, is this approach wise? Third, is it consistent or inconsistent with GG principles? Best as always. Cha2