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.

Technology Stocks : Gemstar Intl (GMST) -- Ignore unavailable to you. Want to Upgrade?

To: DaYooper who wrote (830)	11/13/1999 1:52:00 PM
From: tekboy	Read Replies (1) \| Respond to of 6516

Hi Rory. "[Moore]strongly advocates market orders rather than limit orders" could you provide a reference, please? Neither market nor limit orders are in the index, and I can't seem to find a discussion about price points in the section on buying gorillas. Anyway, I agree completely that trying to "time" gorillas in a major way with an eye on prices is contrary to the spirit, and perhaps the letter, of the game. The only kind of "timing" we are supposed to do relates to where the technology and company is in the TALC (early market, chasm, tornado, etc.). But the MoSSTeBoFS tests I was conducting were distinctly short-term: the idea was to set a limit order just below current market price while committing oneself to buy in soon afterwards (a couple of days, perhaps) if the limit wasn't hit. It worked once, and failed dramatically once; my own conclusion is that it doesn't work for stocks that have got a lot of wind behind them at any given time but might be worth trying again should any of us be buying during more "normal" times. But I can see how others would disagree, and I have no serious arguments against a market buy-in approach. Just don't like paying retail, that's all. :0) tekboy@amIAresoverheretoo?ormaybeJohnMalkovich?.com

To: DaYooper who wrote (830)	11/14/1999 1:22:00 PM
From: freeus	Respond to of 6516

the author advocates market orders After rereading chapter 7 "Capturing the Gorilla: the buying and selling of high tech stocks" I agree with you. He doesnt specifically state that market orders are to be used, but he makes it sound very IRRELEVANT what price you buy the gorilla (or hoped for gorilla) and very RELEVANT what stage in the series of states you buy it in. Uh oh, in case that wasnt clear, I quote: Under "when should I buy" Moore states" "Rule 1 If the category is application software, buy in the bowling alley" "Rule 2: if the category is enabling hardware or software, buy at the start of the tornado" From this I would think that Ctxs should be bought in the bowling alley and Gmst right now, if we are at the start of the tornado (or perhaps at the next earnings release...we will see) I love the next "dark print" quote "The amount of wealth generated by an enabling-technology tornado that creates a true gorilla dwarfs any other investment returns on the planet." From "The Gorilla Game" latest edition. Hasnt it been a lovely weekend for Qcom/Gmst owners? Hope it continues into next week. Freeus