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

To: LindyBill who wrote (26395)	6/15/2000 7:41:00 PM
From: pann1128	Read Replies (1) \| Respond to of 54805

I look on Q, right now, as being in the same position as softie was in '89. Lindy, Can you elaborate on the above statement for the not so proficient Gorilla gamers? Also, what convinced you to sell when you did. You probably posted your reasoning before, and I must have missed it. Not that I will ever try to time my investments like you (I am sure I can't). But I am in awe <G>. Regards, Piyush

To: LindyBill who wrote (26395)	6/15/2000 7:43:00 PM
From: JohnG	Read Replies (2) \| Respond to of 54805

A negative but realistic Q thought from Street.com JohnG Qualcomm: Beware Summer?s End Kenneth A. Toudouze, CFA Jun 15 2000 Qualcomm [QCOM] has been beat up in the markets recently because of its Korea and China problems, and those of you who bought the stock within the past six months are probably not feeling too great about your decision right now. And it could get worse. Keep the date Sept. 30 in mind. Sept. 30 is the day Qualcomm ends its fiscal year, but, interestingly enough, it is also the fiscal year-end for most mutual funds. The connection? Mutual funds sell their losers for tax-loss reasons at the end of the summer. Poor portfolio performance (which is the norm so far for 2000) is exacerbated when you send your clients a big tax bill for capital gains. No mutual fund wants this to happen. So they sell the biggest losers they own to match up gains and losses and achieve a neutral capital gain position. Who fits into this losing position? Several B2C and B2B dot.coms? and Qualcomm. It is widely owned and easily traded, making it an easy target for tax loss sale. We are still a couple of months away from this type of crazy market action, but if things do not improve for the stock, there will be a compelling reason to get out at the end of the summer.