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

To: Bretsky who wrote (30331)	8/23/2000 10:57:55 AM
From: Eric L	Read Replies (2) \| Respond to of 54805

Bretsky, << QCOM at $143. Now I only bought a few shares so it is a very small portion of my holdings, but I am looking at points add QCOM as well as others >> Since you have a small holding, and if you have confidence the wireless sector in general, and Qualcomm in particular, you might seriously consider averaging down at the "fire sale" price QCOM is at today. Wireless is clearly out of favor, today. Qualcomm is really out of favor. Qualcomm fundamentals have really not changed, since you purchased at $143. IMO, Qualcomm is the best pure wireless play out there, and wireless will not stay out of favor for long. Neither will QCOM. IMO, a QCOM purchase today, will NOT provide instant gratification, but I consider it a great long term buy and hold. Those are my thoughts ... - Eric -

To: Bretsky who wrote (30331)	8/23/2000 12:47:39 PM
From: StockHawk	Read Replies (1) \| Respond to of 54805

>>I bought into SEBL,PMCS,NTAP, and CREE all at points when they were a bit beaten down and already have some very nice profits on all of them. I know we constantly downplay Timing here, but the more educated we are on how each stock ranges historically, the better odds you have IMO. << I think that is a good observation. Stocks go in and out of favor for a variety of reasons. If our selection criteria ignores market fads and focuses on fundamental prospects of the companies we follow than it seems prudent to try to tilt the odds a bit by adding new dollars to stocks that present a "better value". Perhaps the best time to buy is when a stock begins to recover from a period of weakness. My most recent purchases have been to add to my SNDK holdings. This is a stock that dropped from over $160 to under $60 during a period when fundamentals seemed to be improving. After falling, and then going nowhere for three months it appears to be moving up now, but is still at bargain levels. I find that appealing. StockHawk