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

To: LindyBill who wrote (15371)	1/17/2000 11:45:00 AM
From: RocketMan	Respond to of 54805

I hope you guys that have been posting about retirement can repeat the discussion in about two-three years for the rest of us :-)

To: LindyBill who wrote (15371)	1/17/2000 12:13:00 PM
From: midwest5	Read Replies (1) \| Respond to of 54805

One more retirement story -- It's never too late!! Since the market is closed, weekend OT subjects are still fair game. I "retired" from my 30 year federal career in 1985 with virtually no savings. Not as dire as it sounds since I had no mortgage or other debt, and owned a couple of rent producing properties. Had been in and out of the stock market since age 20, but when a small amount accumulated, it was used to buy a house, car, rental property, pay for kids college education, or help relatives. The federal annuity provides for a comfortable but not lavish retirement. I consulted for another ten years and had about 100K in my SEP-IRA in 1995 that was mostly in mutual funds (Yuck). In 1995 I converted half the IRA to self-directed, and began random investing in individual stocks with no particular discipline. Early in 1999 I discovered gg, pruned 24 stocks to 8, opened an on line accounts and had >700% year. My only regret is that I did not pay the taxes and convert more to a Roth. I rolled a bunch of my losers to an on-line Roth, sold them bought GMST -- up 100% Best part of the whole deal is that a couple of grandsons now have college assured. Thanks to all on a great thread Regards; Midwest

To: LindyBill who wrote (15371)	1/17/2000 6:36:00 PM
From: Rick	Read Replies (2) \| Respond to of 54805

Hi, Lindy: I guess we'll find out shortly if Intel is a King or a Gorilla.(From the article on page 65 of the January 15th edition of the Economist.) Stealth Chip: "For ages, one of the most closely guarded - and hence most talked about - secrets of Silicon valley has been what Transmeta, a privately-held start-up, is doing. On January 19th, the secret will be out when the company finally unveils its "Crusoe" product line. It comes as no surprise that Transmeta has created so much buzz. Not only does the company employ Linus Torvalds, the legendary creator of the increasingly popular Linux operating system. It is also backed by Paul Allen, the co-founder of Microsoft and one of the most active high-tech investors these days.... So far, however, the only fact that anyone really knows about Transmeta is that it has developed a new chip.... Patents filed by Transmeta give a few hints about why Crusoe may be so "cool" (although the firm's founder, David Ditzel, insists they should not be taken too seriously). They describe a chip that could run software not just written specifically for itself but for any other microprocessor such as Intel's Pentium or Sun's SPARC. Crusoe's versatility apparently comes because it is pre-programmed with "code-morphing" software, a sort of translator. It turns instructions meant for, say, a Pentium chip on the fly into commands for Transmeta's own microprocessor, a very powerful so-called RISC chip. This process is supposed to make Crusoe faster, cheaper, and less power-hungry than existing chips.... Transmeta could give the PC market a shot - and thus cause some pain to the Wintel alliance of Microsoft and Intel. Intel's competitors have always had to deal with problems that the company controls many patents relating to PC chips. Transmeta may avoid that issue, since an important part of its technology is implemented in software. What is more, Crusoe-powered PCs would not need to run Microsoft's Windows.... Even if Transmeta can live up to all the hype, there is no guarantee that it will be a commercial success....But in one way, Transmeta has already left a legacy. It is the final proof that secrecy can bring the best publicity. In fact, being in "stealth mode" is now a rite of passage for promising new start-ups." - Fred