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

To: Rick who wrote (22422)	4/7/2000 10:06:00 PM
From: Dr. Id	Respond to of 54805

"Billionaire Saudi investor Prince Alwaleed Bin Talal has snapped up $1 billion in bargains from the week's stock rout -- after waiting two years for the right moment." He bought AOL ($400M), Compaq ($400m), Eastman Kodak ($100m), and Xerox ($100M). That's strange...I don't know about Kodak or Xerox, but AOL and CPQ have traded lower in the past year than they did in the worst moments this past week. There were much better bargains than those (and most were in my portfolio!):-O Dr. Id

To: Rick who wrote (22422)	4/7/2000 10:53:00 PM
From: kumar	Respond to of 54805

You mean to tell me that it's better to wait 2 years in a raging bull market for a 15% correction, than to buy in April 1998? If one were buying Gorilla stocks (ie not Kodak, Compaq etc), one wouldn't wait 2 years. One would invest at the earliest opportunity, knowing the power of the Gorilla, and the reflection of that power into future gains from a stock value perspective. JMHO. cheers, kumar - back to my vacation in NZ :-) PS: My 1st investment in CSCO was summer 98. close to 400% ROI at this point. I guess that helps explain my point ?