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

To: shamsaee who wrote (25829)	6/4/2000 4:05:00 PM
From: Seeker of Truth	Read Replies (2) \| Respond to of 54805

I haven't seen any gorilla such that its earnings were sensitive to interest rates. A gorilla is better off interest rate wise than the pack. It can always sell stock. And the earnings flood in. It seems to me that you personally should have more cash because the situation of a long bull market is troubling you as you are convinced that things always run in cycles. I think it would be much easier to prove the theorem that Shamsaee should hold more cash or cash equivalents than to prove a more general theorem such as every investor should have a ten year cash reserve before he invests in gorilla/kings of the tech world. I respect your choice. We live to do good and be happy not necessarily to take the biggest risks and make the most money.

To: shamsaee who wrote (25829)	6/4/2000 5:38:00 PM
From: Mike Buckley	Read Replies (1) \| Respond to of 54805

shamsaee, You are now fully retired and I would be interested to know what arrangements you have made... My wife and I set aside cash to support 8 years' typical living expenses. The remaining money is 100% in Gorillas and Gorilla wannabes with the exception of EMC, depending on your view of that company. The plan is that any time stocks take strong move up as happened in November thru March, we will fund future living expenses by selling some stock instead of having to do it when stocks are in the doldrums. That's the current plan. I'll let you know how it works out. :) --Mike Buckley --Mike Buckley