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

To: Rick who wrote (22693)	4/13/2000 11:09:00 PM
From: Mike Buckley	Read Replies (2) \| Respond to of 54805

Just don't sell a great company, don't use margin, and always invest in tech infrastructure. Print it in gold. Frame it in platinum. Hang it on the wall. Put a spotlight on it. Abide by it. Great post, Fred. --Mike Buckley

To: Rick who wrote (22693)	4/14/2000 1:40:00 AM
From: Uncle Frank	Read Replies (3) \| Respond to of 54805

Great post, FM - hey, I just realized that you have the same initials as our manual <gg>. I've had a lot of calls from friends and relatives soliciting my opinion about the market. My advice is almost identical to yours, don't sell a great company, don't use margin, and always invest in tech infrastructure. except that I replace infrastructure with ipr. While paper losses have been daunting and the charts of my stocks are "broken" technically, nothing is broken in their business plans and nothing is wrong with our economy. I am confident Mr. Market will get over his depressive state in the near term, and we will see our Gorillas begin to recover their valuations. uf

To: Rick who wrote (22693)	4/14/2000 10:29:00 AM
From: freeus	Read Replies (1) \| Respond to of 54805

Fred, it isn't the point of whether our companies will survive or not, of course they will. But when you have doubles and triples in a few months, you clearly have "price bloat" and having had this happen to me two years in a row now (huge gains that have been completely lost once and 50% lost this time) I won't let it happen again. There is always another chance to buy your stock at bargain prices. And if there isn't, there's always another great company to buy sometime. So next time I have a huge amount of profit, I'm taking it. Allowing huge gains to dissapate is just plain stupid. IMO Freeus Will I "know" when to get out and when to get in? Of course not. But I will know when I have doubles and triples quickly and I'll take them...keeping half the company stock, just in case it's going higher. And when I see big stocks on sale, like now, I'll buy them. (Csco at 60? Msft at 78? Qcom at 120? I'll take it!)