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


To: DownSouth who wrote (13493)12/29/1999 1:32:00 PM
From: Uncle Frank  Respond to of 54805
 
I love it when you gush, Galahad <vbg>. I'm feeling a little giddy myself <LOL>

uf



To: DownSouth who wrote (13493)12/29/1999 1:39:00 PM
From: Mike 2.0  Read Replies (3) | Respond to of 54805
 
Re QCOM: To all on this thread I hear hundreds of virtual champagne corks popping out there. Today's gain in QCOM amounts to a one-day double over what most of you paid for your stock. Way to go!!

I got GG for Christmas and have read most of it already (earlier skimming at B&N does not count). Question now re QCOM is, who out there is buying MORE QCOM, pursuant to the portfolio Gorilla consolidation strategy? And if not, why not? This brings up another point...even if I take an initial <sob, sniffle> position in QCOM, the GG assures me the party is hardly over...perhaps now only beginning.

I believe QCOM is splitting 12/31...so I suspect the best time to jump in now will be post split in January after some inevitable profit taking by day trading casino players. Does thread agree? My one other GG hold is EMC (rather lucky, as I did not buy it six years ago based on a coherent strategy like GG)...it has split 2:1 a few times, shown some brief weakness post split, and then marches back to the pre split price. I see no reason to doubt QCOM will not behave the same.

Mike