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

To: Juliet who wrote (23236)	4/21/2000 5:29:00 PM
From: Mike Buckley	Respond to of 54805

Juliet, Truly sorry to learn that the shiny pebbles have lost some of their glitter. In my mind, the same process should be used to determine if you would buy a shiny pebble today that you would use to decide whether or not to keep one. If the stock represents a great opportunity to you for whatever reason, you would buy it or keep it knowing there aren't better alternatives available. If the pebble doesn't represent a great opportunity to you for whatever reason, you wouldn't want to buy it and you wouldn't want to keep it knowing there are much better alternatives available. Add to that the tax implications of your particular situation and you might be able to more objectively arrive at a reasonably easy decision. --Mike Buckley

To: Juliet who wrote (23236)	4/21/2000 5:51:00 PM
From: Uncle Frank	Read Replies (4) \| Respond to of 54805

>> can we extrapolate a rule about what to do when caught with Shiny Pebbles with your pants down? I'd suggest you turn until your good side is pointed at the camera <lol>. Lots of chest beating this weekend by folks who are questioning the GG and how it's best interpreted. I've been thinking about it and, in contrast to tekboy's lengthy testimony, think I can boil it down to one short sentence: Gorilla gaming is about investing in companies, not stocks. If you believe that to be true, all of the commentary related to entry points, exit points, oversold, overbought, interest rates, elections, etc. can be ignored as noise. IMO it is always preferable to be invested in Great companies. uf

To: Juliet who wrote (23236)	4/21/2000 7:00:00 PM
From: freeus	Respond to of 54805

IMO you may as well do your adjusting now and get into the G&K's with the money. Unless any of the shiney pebbles you own really look to you to be pre-gorilla or king possiblities. Good luck! Let us know! Freeus

To: Juliet who wrote (23236)	4/21/2000 10:02:00 PM
From: richardmacintyre	Read Replies (6) \| Respond to of 54805

re: Valuations of our G&K and W&W companys' current stock prices Juliet, Read both Merlin's and Uncle Frank's responses. Perhaps we have the same shinny pebbles. My sin was selecting a number of companies from the two portfolios on this thread without sufficient DD. I tend towards the impulsive and was afraid I'd miss the boat after reading T(R)FM. I was impressed with LindyBill's notion of investing on the left (?) side of the curve which meant I weighted too heavily toward the W&W's. On the other hand, had I NOT invested in these companies, I probably wouldn't have done as much reading and learning over the past six weeks. My inclination is to KEEP them all for now, because I haven't yet learned how to decide if I would be better off taking a huge loss in CREE and ELON, companies that impress me as having great upside potential (though I'm still too green to answer why to even my own satisfaction) and investing in SEBL and QCOM or just holding tight. Yes I know, ignorant fools should not be in the game to start with, but even fools can learn! To help this learning progress, I'm wondering if the elders might treat us to a valuation debate. Not on whether it is important, but rather what the comparative valuations of our current portfolios are. I'd love to see how the thread would rank the valuations of the G&K's based on Thursday's closing price -- including Uncle Frank if possible. I'd also love to see how the thread would rank the valuations of the W&W at Thursday's closing price. I'll volunteer to tabulate the responses -- including qualifying comments. For those of us with cash (or, god forbid, margin) left for investing, which of our companies present the best value right now? I assume everyone has a different way of determining value, as a real newbie, a specific discussion of the current "values" of the great companies discussed on this thread would be helpful. Which one's are still too high for a potential ltb&h? Which one's are good deals? Sorry for the long-winded post. Will go back to lurk mode soon! Richard

To: Juliet who wrote (23236)	4/22/2000 3:02:00 PM
From: Pirah Naman	Respond to of 54805

..."does it make more sense, GG theory-wise, to move everything off the Shiny Pebble squares and over to G squares ...math-wise, it seems like (since the Gorillas are down now, too) it might not make any difference if I just do it now." Here is how to look at it math-wise. It does not matter what you paid for the stocks. Now you only have two choices - the shares you hold, or the cash you could get for them. So you should ask yourself where you want that money now. The history of that money is of zero relevance if the shares are in a tax-deferred account. If the shares are held in a taxable account, consider that you can take some losses for your next year's Schedule D, and reduce the tax bite. This effectively means that if you held a stock (at a loss) that would appreciate 20% pa going forward, and there was another stock that would do the same, you would come out ahead by taking the loss and moving the money over. Look at your schedule D, see if it is even more to your advantage to take a short term loss. No tax advice implied. :-) None of that is GG, just numbers. I hope you are able to find a solution that is right for you. - Pirah