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

To: Mike Buckley who wrote (22976)	4/17/2000 11:34:00 PM
From: Mike Buckley	Respond to of 54805

A Tidbyte about Volatility It's also about the inability to time a major move. Who would have been able to predict that Siebel would gap down 11% today or that it would increase no less than 50% from its low all in one day?! Not I. The volatility is impossible to avoid with tech stocks, even the Gorillas. I do suspect though that the silverbacks won't have the daily volatility of the younger Gorillas. I also suspect the enabling Gorillas of all ages might be less volatile than the applications Gorillas. (Siebel is an applications Gorilla.) But I really don't know the facts. --Mike Buckley

To: Mike Buckley who wrote (22976)	4/18/2000 12:17:00 AM
From: kumar	Respond to of 54805

Mike, no apologies necessary. I accept the deal offerred. I personally do appreciate the thoughts of a person like you, "used to volatility" yet "cruising along like nothing happened", in these volatile periods. Helps stop folks from panicking. cheers, kumar (2 weeks to go, before the 1st stock purchase in my life, reaches its 10th anniversary). All of that leads up to the need for me to apologize to all if I have been insensitive to the angst some have experienced. The tech stocks certainly have been extremely volatile, far more so than the norm. The anxiety that comes with that volatility is more than understandable. So for those of you who have a tough time dealing emotionally with volatility, I'll make a deal with you. Since I believe that increased volatility over the coming years is something we will all have to live with regardless of how well we intuitively deal with it, my part of the deal is that I'll do my best to remember that some of us understandably deal with it less well than others of us and need a lot of support. Your part of the deal, should you accept, is that you will do your best to focus on the facts that might help you get through the volatility with far less angst. Fair 'nuff?