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

To: StockHawk who wrote (22431)	4/8/2000 7:00:00 AM
From: Fred Davis	Read Replies (3) \| Respond to of 54805

Thanks StockHawk and the many others that have responded graciously to my question and I do understand it is a question of what one's own comfort zone is. When I began reading the FM, QCOM was the main topic of this board and after doing much dd, I decided to roll the dice with about 90 percent of my capital going into the Q without having experienced the severe corrections that I've come to know but not necessarily love. I hung in there until we tumbled from a post-split price of 200 back down into the 130 range, that really got my attention and was lesson 101 for me and made me realize I wasn't quite ready to jump in with both feet and hold just a few positions. Now that I'm more risk tolerant and know to expect these corrections, it wouldn't concern me near as much to place all my money on one gorilla but just haven't made the decision to do it. As I look back on lesson 101, after selling my Q and buying SEBL, NTAP, GMST, CREE, ELON, with the one exception of JDSU, I was late to the party and would have been far better off staying the course with the Q. I hope none of you will think that I'm saying I made a bad investment in those companies that I've just mentioned, for I have the utmost confidence in their G&K status and have continued to hold all of them through the present correction. I also bought back the Q and now know to keep a gorilla grip on it and have no desire to sell it again. Regards, Fred

To: StockHawk who wrote (22431)	4/8/2000 12:20:00 PM
From: tjdillon	Read Replies (1) \| Respond to of 54805

>>Diversification is a strategy used to maintain wealth, concentration is a strategy used to create wealth.<< SH et al - similarly to Fred, I have a modest 401K/IRA fund which I want to maximize with a 7Y horizon to full retirement. Before reading RFM, I got 'lucky' getting in on i2 at a split-adj. price of 13 and change and which I plan to hold-long. I'd like to take advantage of my ability to make rollovers from my mutual fund oriented 401K to my personally managed IRA. A point I did not find covered in the RFM is whether it is advisable to take an initial position in an established gorilla (QCOM, ORCL, INTC, MSFT) well into their respective tornado or onto mainstreet vs taking position(s) in G&K candidates earlier in their evolution with the focus on creating wealth. Any thoughts from your experience?