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

To: Nichols who wrote (11768)	12/2/1999 11:51:00 AM
From: Seeker of Truth	Read Replies (1) \| Respond to of 54805

Looking backward, one makes ones money from the fast growers. IBM has turned around. That was spectacular if you bought at the bottom. But now nobody expects rapid growth of the earnings. So it's not a fast grower. Intc puzzles me. They stick to the one thing they are good at, CPU chips, and yet they haven't done so well with the Mercedes. With question marks on it, why not shift the money to a demonstrably fast growing company with a lock on the future, a gorilla?

To: Nichols who wrote (11768)	12/2/1999 11:54:00 AM
From: Bretsky	Read Replies (2) \| Respond to of 54805

Nichols I think many of us are going through the same process. I'm pretty well set that I'm selling PFE, and am debating selling DELL and DCLK as well to invest or add into some of the stocks you mentioned. Seems like it's pretty much worked for everyone in here; personally I'd do it if I was you as I'll probably be doing it myself. It's always so hard to sell a stock you've had an emotional connection with, but it worked when I bailed out of CPQ early enough and put the $$ to work in BRCM. Best of luck in all your decisions. Bretsky Best of luck in all your decisons.

To: Nichols who wrote (11768)	12/2/1999 12:14:00 PM
From: mauser96	Respond to of 54805

I would sell them. They represent only a small part of your portfolio, so win or lose on them, it won't make much difference to you financially. Meanwhile, they are a distraction, taking up some of your limited time that could best be used elsewhere. Watching your larger holdings more carefully would probably pay off better in the long run. 10 to 12 stocks give almost all the diversification of a larger number of holdings, and is easier to keep track of. All IMHO only.

To: Nichols who wrote (11768)	12/2/1999 1:54:00 PM
From: Curbstone	Read Replies (2) \| Respond to of 54805

What I've been going back and forth is the following - Should I drop INTC & IBM... Dare I say it? (Forgive me father Carmudgeon, I know not what I do.) If you're ambivilous about selling them, write covered January calls on them, slightly OTM, keep the premiums, if the shares get called away they do so at higher than today's prices, if they don't, write more calls expiring the following month. AM PS: (The on-topic part) Then buy Gorilla's and Kings of course.

To: Nichols who wrote (11768)	12/2/1999 3:55:00 PM
From: freeus	Respond to of 54805

re Should I drop INTC and IBM and... Go for it! Freeus JMHO of course

To: Nichols who wrote (11768)	12/2/1999 10:17:00 PM
From: Apollo	Read Replies (3) \| Respond to of 54805

Should I drop INTC I've been interested in trimming my Intel holdings for awhile, but it is my loving wife's pet stock. I was with a friend this morning for breakfast, and he made me sit up and take notice when he mentioned the "value" part of his portfolio. We all have a lot of Growth plays, but do we have any Vaule plays? The point being, INTC is a very good value play. It offers protection in a down market, and remains a steady gorilla. It's P/E is relatively low, ~ 25-30 or so, and therefore it is relatively undervalued compared with just about any of the other stocks we routinely discuss here. So, in terms of selling INTC, a counterarguement is that it is a "value" play, and provides some balance in a turbulent market or economy. BTW, MR. FUN thinks the same of Lucent; last year Nortel was undervalued; in Y2K, Fun expects Lucent to surge from present undervaluation. We'll see if he pegs it. stan