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.

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

To: gdichaz who wrote (12602)	12/12/1999 12:28:00 AM
From: Mike Buckley	Read Replies (2) \| Respond to of 54805

Cha2, A quick run-down of the details that motivated me to sell two of the four stocks in the Game: 1) Clarify was a chimp that had little chance of becoming the gorilla. Chimps are to be held lightly. However, because of its successful turn-around, the stock had become a large percentage of the portfolio. So I sold some of the stock resulting in a smaller position. I used the funds to buy equal amounts of Remedy and Siebel, Remedy being a chimp in a niche market which is second only to a gorilla and Siebel being the most likely candidate for gorilladom. 2) When the announcements were made that Clarify and Vantive would be acquired, I sold all the shares of both. I haven't done anything with the funds which represent about 15% of the portfolio value. I'm considering adding marketing automation software to the game as a third segment of the front office game. (Siebel represents the CRM suite segment. Remedy represents the internal help desk segment.) --Mike Buckley