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

To: Bruce Brown who wrote (10270)	11/13/1999 1:09:00 PM
From: LindyBill	Read Replies (2) \| Respond to of 54805

The sub title of the article is Carrying too many high-tech stocks can put your portfolio at tremendous risk. "Don't be too heavy in Tech, one sector will always catch up to the other" "Be spread over 20 to 30 stocks" "when a stock goes up in your portfolio, sell some to reduce your exposure" "Go to bonds, CD's, and safe stocks when you retire" All of the above bromides are CRAP! I have made my bucks the last 7 years by investing in Big tech and, except when I was following some of the advice above, I was as safe as houses! Lets start with the fact that I am 100% Q. I went because I felt it was going to be the best investment that was also totally safe. I got in at 90 in a young gorilla that had nowhere to go but up. I looked at it every way possible, and knew that it could not go lower. This is not a typical tech stock, it's a Gorilla, damn it! When I went in and out of it for a day last September, it was a missed attempt to score some extra bucks, and I would have done it if it had been 1% of my portfolio. If you want to play with the "Shiny Pebbles", or companies like Rambus, before they have made it to Gorilla status, you should spread your money, its higher risk. If you want to stay with the Gorillas and Kings, that this thread is designed to find, you can cut down to 4 or 5 stocks or less. Anybody worried about safety if you only owned Microsoft, Cisco, Intel, and Qualcomm? You would average at least 35% growth with this portfolio in the present economic conditions. If we had a crash, you would not drop more than 25%, and you would be back in less than two years. If you went down more than that amount, your friends would be selling apples! You can own those 4 for the next 5 years and never lose a night's sleep! If you retire, why go "Safe" and buy Utilities, for God's sake! A Gorilla is a different breed of Cat! That is why there are so few of them and we work so hard to find them. Don't "Diversify" out of them. I have a friend in Q who got a call from her broker last month when the stock got to 219. "Don't you want to sell and lock in your profits?" he said. When she told him the stock would hit 500 in a couple of years he laughed and said it would never get there. DO NOT LISTEN TO THESE CLOWNS! They employ all of the bromides I listed at the start of this rant. Their purpose in business, like ours, is to make money, and the way they do it is to "burn and churn" YOU!.

To: Bruce Brown who wrote (10270)	11/14/1999 10:26:00 AM
From: Sunny	Read Replies (1) \| Respond to of 54805

Since many of the GG tech stocks really address mass market consumer products or services, like television or phones, do you think they will behave the way traditional High Tech stocks, like the semi equipment mfrs or chip makers, traditionally behave? I have looked at many of the stocks that I own (QCOM, GMST, SEBL) as being technically based but widely diversified because they enable people to do ordinary things better. So do you think that we have the best of two worlds? Stocks based upon technology that yield dominant market positions in market segments that are growing based upon people's desire for entertainment, convenience and company's ability to work better and more efficiently. Sunny