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


To: gdichaz who wrote (25496)5/29/2000 8:51:00 AM
From: limtex  Read Replies (2) | Respond to of 54805
 
Cha2 - KOREAN MOVE TO SLASH ROYALTY RATES ON IMT2000

Message 13792232

Someone please tell me that this isn't the worst news yet. This amounts to a concerted attempt to kill-off CDMA2000 using the combined afforts of ERICY,NOK,the EU and DoCoMo.

Please tell me that this isn't going to kick the stock in the guts on Tuesday.

They are good NOK and ERICY and their EU clout. They just won't quit.

Best regards,

L



To: gdichaz who wrote (25496)5/29/2000 1:28:00 PM
From: Uncle Frank  Read Replies (7) | Respond to of 54805
 
>> Yes the Gorilla Game limits risk. But that is all it does - limits it. It does not eliminate it.

Thanks for the cautionary comments, Cha2. The past 7 weeks provide the punctuation point. We have always described Gorilla Game investing as a low risk/reward ratio approach, which doesn't rule out the possibility of permanent capital losses.

>> For a long time I have been troubled that there has been too much emphasis on the Gorilla Game as a "sure thing". That phrase is even in FAQ for "newbies" (with a <gg> which converts it into a joke [sic.]).

To be accurate, here's the quote that Fred used in Manzo's Marvellous FAQ:

As Uncle Frank said, "we specialize in sure things, which are hard to come by <vbg>...


It's quite clear the comment was made tongue in cheek, particularly since it was immediately preceded by the warning that,

All investing carries some risk.


>> I strongly recommend again that the "sure thing" phrase be dropped from the thread's header

You've made this point via PM to several of the thread elders and Fred Manzo over the past several weeks, Cha2, but were unable to persuade us that it presented a risk to readers. There are a lot of critical matters to be concerned about right now, such as Nokia's FUD campaign against cdma, Henry Yuen's delayed earnings report, a tumbling nasdaq in the face of unprecedented period of prosperity for high tech, Justice Jackson's apparent vendetta against Microsoft, etc. Why not focus your formidable energy and analytical skills on these substantive issues and ignore this tiny bit of humorous relief?

uf



To: gdichaz who wrote (25496)5/29/2000 4:42:00 PM
From: freeus  Respond to of 54805
 
rethe GG does not eliminate risk
Amen to that.
I wish I'd thought more about valuation in Jan and Feb when my stocks were (apparently) very ready for huge corrections.
The 5-10 year time frame is not appropriate for me, and having once had plenty of money, I would have liked to hang on to at least a portion of it in cash. I agree with the "gambling" psychology that having made HUGE gains, I was more apt to allow huge losses to slide by without getting out, although, timing or no, I knew darn well that the tech collapse time was coming. And I knew Alan Greenspan was on the warpath (though I never imagined he'd be quite so adament about it.)
Freeus
A bear market can last years. I see no point to allowing one's money to be cut to nothing and sitting there like that for years, instead of setting aside a nice portion to use and enjoy.
Now I'll go back to lurking here. Didn't want you to think I wasn't reading.