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

To: unclewest who wrote (26265)	6/13/2000 7:16:00 AM
From: 100cfm	Respond to of 54805

backtoadventuremode Better get a 5 Gal gas can as back up before it gets too adventurous.<g>

To: unclewest who wrote (26265)	6/13/2000 9:44:00 AM
From: gdichaz	Read Replies (1) \| Respond to of 54805

uncle west: Far from guilt, you deserve thanks for bringing Cree to the attention of the thread. Just IMO. And completely agree that Cree is a buy and hold. Those who buy a stock such as Cree need to do their own analysis (DD) and the decision to buy or not to buy is theirs and theirs alone. And selection is the key. For example, after my own analysis and thought I passed on Elon. I also sold Citrix years ago. I watch them both but at this time that is it. On Citrix, a comment. Those who owned Citrix had their eyes wide open. It was not and is not a gorilla nor a king. Mike has been very explicit on that, and I for one pay attention to his views. I owned Citrix when I was looking for a "thin client" and Citrix was the only thin client software I could find. I sold Citrix when I bought Qualcomm - years ago and prior to the events which led others here to buy it. Again I would suggest that selling makes sense in three cases IMO When the money is needed for personal reasons, in which case what is sold is based on a review of stocks owned and which is likely to do less well. When the fundamentals change. This may or may not be the case with Citrix. From what I can tell this is obscure right now, so prudence probably calls for sale. For a better alternative. The "opportunity cost" idea (which would probably be better called "moving from a company with less future opportuntiy to one with more". In my case this was Citrix to Qualcomm. However, I would suggest that selling is not warrented because the price of the stock tanks. The price of Cisco tanked several times while I held it, selling for that reason would have made no sense - but of course I was tempted. Cisco had the advantage and protection of being a gorilla, while Citrix does not. That is important. But back to Cree, if the reasons for buying Cree still hold, and I would suggest they do, then the worst possible "lesson" IMO is that Cree should be sold because Citrix's stock price has tanked. The problems of timing apply to non gorillas or gorilla watch or royalty watch candidates too. A gorilla has more "sleep at night" characteristics, but trying to time the market or individual stock prices have the same problems for carefully selected companies which are not gorillas, i.e. reexamination is called for, but not necessarily sale. Just a few observations based on recent reading here. Best. Cha2