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

To: StockHawk who wrote (9357)	11/1/1999 3:45:00 PM
From: freeus	Read Replies (2) \| Respond to of 54805

Dear stockhawk or anyone, Peter Lynch says to understand what you invest in. Now, when I was a new "I'll manage my own, thank you" investor, I bought Sara Lee, Coca cola and McDonalds. I understood all of them and my kids loved the products. Now its different. I couldnt stay in "things I understand" and still do well in the market. So, although maybe I'm using Ctxs products, and I'm sure I'm about to use Gmst's, having just bought a new vcr with the "easy programming" feature that GMST developed, I dont understand either of them. Nor Qcom Do understand MSFT (though not all the ramifications, I am sure,) and more or less Csco. But reading (gmst) "develops, markets and licenses proprietary technological systems that simply and enhance consumer's interaction with electronics products and other platforms that deliver video, programming information and other data" equates to my new vcr, but what else? Surely that's not enough "product" to make them a gorilla, and besides the description sounds like there's a lot more to gmst than just the vcr. and reading (ctxs) "supplier of application server products and technologies that enable effective and efficient enterprise wide deployment and management of applications designed for Msft windows operating systems" leaves me entirely puzzled. So I guess its ok to invest in companies you dont understand. But it would be so enlightening to be able to understand what the tech companies do, and also make me more knowledgeable about their place in the continuum, (chasm, tornado, etc). I have taken a couple of computer classes to better understand my computer, but nevertheless, the techie developments mystify me. Freeus

To: StockHawk who wrote (9357)	11/1/1999 3:54:00 PM
From: tekboy	Read Replies (2) \| Respond to of 54805

yeah, you're right all around, SH. I was thinking along similar lines (that's why I made the QCOM and GMST limits only -2.5% rather than -5%), I was just cocky enough to think that I could scalp those small percentages during the couple of days of pre-earnings trading... Actually, the missus made a query this morning to not dissimilar effect (so I'm profiting from these runs because I bought in, right?), to which I hemmed and hawed and explained that it was all very complicated and she shouldn't worry. She was not entirely convinced. tekboy@couldbethecouchagain.com