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

To: Robert Jacobs who wrote (14792)	1/10/2000 9:50:00 AM
From: Uncle Frank	Respond to of 54805

>> Uncle West is almost correct in confirming that i indeed am the guy who bought MSFT at the IPO... that investment has made it possible to assemble a very much larger position in cree which i expect to be worth 25x it's current valuation in 5 years. Mr. Jacobs, and now the big question... did you hang on to those Mr. Softee shares over the years <gulp>? >> I would appreciate guidance as to whether gorillas in waiting should be discussed here. Robert, there are no Off Topic areas on this thread (except rudeness, of course). If you go to the thread header, you'll see that we have a portfolio for Gorillas and Kings only, and another for candidates to these lofty rankings. Cree has already been placed in the latter. If you have not yet read our "manual", the Gorilla Game, I hope you will take the time to do so before you get jumped by the purists in our gang (which is most of us) for inappropriate use of our esoteric terminology. Welcome to Gorilla gaming. uf

To: Robert Jacobs who wrote (14792)	1/10/2000 9:57:00 AM
From: StockHawk	Respond to of 54805

A number of interesting points have been made about CREE here, but I am wondering if it might be prudent for those interested to consider their upcoming secondary stock offering. As I understand it, the company has filed to issue between 2.6 and 3 million shares. That will increase the outstanding shares by about 10% and increase the float by 13%. If anyone is considering investing at this time it may be worthwhile to see where the offering will be priced. Stock prices often decline when secondary offerings are issued to the public, at least in the short term. StockHawk