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

To: Uncle Frank who wrote (16863)	1/31/2000 5:31:00 PM
From: tekboy	Read Replies (1) \| Respond to of 54805

<<I'm very comfortable owning gmst, Sue, and added to my position on Friday and today. I did that, not because of the price, but because my increasing belief in G's simian nature.>> I'm less pure; I did so because of the price... :0) picked up some more gsthq's (Aug 85 calls) for 7 1/2...yummy! tekboy@aspureasthedrivenslush.com PS my pleasure, freeus; since I can't contribute much on my own here, the least I can do is steal good stuff from others...<G> (altho Bruce's van story is a bit too "millionaire-next-door"-ish for my sybaritic tastes...LOL!)

To: Uncle Frank who wrote (16863)	1/31/2000 5:48:00 PM
From: freeus	Respond to of 54805

Re Gorilla investing and price movements Look at the post 65532 on the Qcom ("coming into buy range") thread Excerpt: We're not going to be forsaking our advanced communications or the companies that best make use of (or provide them) anytime soon. The Luddites who are hoping and praying for the bear market to come and mop up some of the highest flyers of the last few years miss this one point rather badly. Qualcomm (Nasdaq:QCOM - news) , for whatever irrational reasons for its run up, is situated on a spot where companies will have to pay them for a service that consumers demand. No amount of short-term shellacking in the marketplace will take away this fact away. The basic question is one of valuation of the potential of that technology. Given the rapid change of technology in the sector, this potential is quite difficult to gauge. But I digress. Ignore share prices and concentrate on the businesses. This is admittedly tough to do, but it is also a must for successful long-term investing. Although a rising stock price is a nice sign of the health of a business, it is by no means symptomatic. Sometimes the best companies on the planet can go years without much share price appreciation. For example, Motorola (NYSE:MOT - news) has increased by 7500% over a 20-ear period, but did not appreciate at all for the 5 year period between January 1994 and January 1999. And Wal-Mart (NYSE:WMT - news) , though not a "tech company," went from mid-1991 to mid-1997 without any appreciation of shareholder value. Is this the sign of a bad company? You tell me, are Motorola and Wal-Mart bad companies, ones without potential for future profit growth?

To: Uncle Frank who wrote (16863)	1/31/2000 7:26:00 PM
From: Ruffian	Respond to of 54805

AWSJ: China Unicom, Qualcomm Settle On Preliminary Deal Dow Jones News Service ~ January 31, 2000 ~ 6:00 pm EST By Matt Forney Staff Reporter BEIJING - Qualcomm Inc. has reached an agreement with China United Telecommunications Corp. to license and deploy Qualcomm's technology in China's fast-growing mobile communications market. The deal was struck during negotiations over the weekend, but neither Qualcom nor China Unicom has been willing to confirm the agreement, which is still preliminary and must be approved by several Chinese agencies in a process that could take several weeks. If accepted, the agreement would give China Unicom a mobile-phone technology called CDMA, or code-division multiple access, a standard Qualcomm developed that has become the dominant in the U.S. China Unicom will be able to use the technology as a new selling point in its battle to lure customers away from China's main operator of mobile communications networks, China Telecom. Around 90% of China's 43 million mobile-phone users subscribe to China Telecom's service, which uses the GSM, or Global System for Mobile communications, wireless technology that is prevalent in Europe. "Now we move to the approval process," says a participant in the negotiations. "There are almost no issues left - we agreed, but there is no contract yet," the negotiator added. The deal must be approved by the State Development Planning Commission and the Ministry of Information Industry, among others. The deal lets China Unicom license a technology called cdmaOne from Qualcomm, the San Diego-based company that holds many patents for mobile-phone technology. Qualcomm will collect a royalty fee for sales of equipment using its patents, such as wireless handsets and ground stations. The deal could affect the development of mobile-phone standards in Asia, where a large market such as China may influence regional industry trends. China Unicom has licensed the so-called second-generation cdmaOne. Many companies are furiously working on third generation wireless technology, which will enable users to download video and other products to handheld devices, such as mobile phones. That next generation is still a few years away, but already companies are vying to set the industry standard. One option - called wide band CDMA - is prevalent in Europe. Qualcomm holds relatively few patents for this type of CDMA technology. Another option Qulacom is developing is called CDMA 2000. With its latest deal in China, Qualcomm stands a better chance in the future of convincing China Unicom to upgrade to CDMA 2000. (END) DOW JONES NEWS 01-31-00 06:00 PM