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

To: StockHawk who wrote (26905)	6/27/2000 4:03:00 PM
From: Mike Buckley	Read Replies (1) \| Respond to of 54805

SotckHawk, I doubt you were directing this in any way toward me, but I can't resist commenting. So someone hypothesizes that a stock like CTXS has great potential and is a worthy investment, even if it is not a gorilla or a king. Then the stock goes up and they are "proven" correct. It goes up more and more proof is in. Then it falls like a house of cards and everything is changed. Sure is confusing. The irony is that I stayed away from discussing Citrix in this folder because it had not entered a tornado. I even explained why I continued to hold this stock I had purchased before the manual was published. And when the stock went through the roof, I kept mentioning in the Citrix folder that the price was getting lofty, to the extent that I participated in a lengthy valuation discussion with chuzzlewit who gave his very detailed reasoning about the stock's overvaluation. And by the way, when Gemstar went through the roof I kept asking, why? On this thread I mentioned many times that there was no fundamental information that could rationally describe such a high stock price. --Mike Buckley