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To: Mike Buckley who wrote (648)	11/13/1999 5:40:00 PM
From: gdichaz	Read Replies (1) \| Respond to of 1817

Mike: Agree with your general point. Certainly selling should not be rushed. And switching from one stock to another should not be rushed (the primary mistake in that is the selling part). To me, finding the right technologies or area and then the leading stocks within those technologies or areas is the sin qua non. That is where time is well spent. However, I have found that given my short attention span, buying into stocks which I see as potential "leaders" in an exploding technology or area should be done sooner rather than later. And a basket is the way to do that. Then as the book itelf spells out in some detail (such as in the Cisco case study which tracks my own experience very closely), consolidate toward the strongest stocks over time. Despite the statements in the revised manual that baskets should be avoided re Godzillas, I am personally not convinced that it would be a mistake to buy ITWO, ARBA and CMRC. Not sure that 2 or 3 stocks which have a strong possibility to do very very well at least in the short run is a mistake. I suggest is is practical and beats handwringing while waiting to see which of the three is somehow "best" or placing all your bets on one, which may turn out to be the wrong horse. Comments appreciated. Cha2

To: Mike Buckley who wrote (648)	11/14/1999 8:06:00 AM
From: Jill	Read Replies (1) \| Respond to of 1817

OT Aw, you guys are probably right. But last week was the most amazing investing week of my relatively short investing life (about 4-5 years...and until I came onto SI last year I would do things like, put some money in MSFT because I'd interviewed Bill Gates and thought he was smart, or put some money in DELL because the NYTimes ran a nice admiring piece about him on the front page of the biz section...LOL at myself now) Hey, I had Poet calling me from Geneva wondering where Qualcomm closed. You can bet she was happy! But your guidance is always wise, Mike. Another reason to bring my laptop, however, is I like to write down my impressions while I'm there. I always bring my laptop on these kind of interviews for in-depth profiles! (Er...talk about rationalizing vices...) Jill