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

To: saukriver who wrote (31317)	9/9/2000 3:10:24 PM
From: Eric L	Read Replies (1) \| Respond to of 54805

saukriver, << I question JDSU as a long-term hold >> Healthy to question, particularly with Kings and wannabe gorillas (I hold a few). << The point of my query was what people think about JDSU as a long-term hold >> My sentiment on JDSU is rather similar to Lindy's. My portfolio is not dissimilar to Tek's. In the recent poll, I responded JDSU to the question about which stock in my port I thought had the best chance to double next 12 months. I would respond the same way today. The % I afford it in my port today, reflects this. I hold Kings lightly. I watch JDSU reasonably closely. How long is long in LTB&H? I'm not sure. I do think it is different for a King (which enjoys most of the same privileges as a gorilla) than for a gorilla. I came to JDSU via UNPH, so my current tenure is 20 months on the combined entities, which I added to through early 1999, but have had to whack back a few times since to stay at max 20% of port for any equity at year end. Here is how my port looks today: QCOM = 8.9% CSCO = 19.4% GMST = 11.1% JDSU = 18.2% SNDK = 4.4% INTC = 4.7% _EMC = 7% NTAP = 6.6% SEBL = 8.1% PMCS = 3.1% CASH = 7% Tek holds considerably more QCOM than I, but I should point out that in April I was 20% Qualcomm and have sold none since. Tek holds ITWO, which I covet, but as little as I consider P/E, ITWO is in the stratosphere. As for SUNW, I put it in a category with NOK, and ERICY who are arguably Kings of wireless handsets and infrastructure, but who have to many irons, in to many fires, for me to think of them as a King (overall). I like purer plays. While I am a Gorilla Gamer, and something of a LTB&H type, I might add that I am also into seasonality, and sectors (related to balance), so GGing & LTB&H are not a religion, or if they are, I am not of the Orthodox persuasion. My cash position reflects a tendency to move into some cash starting end of January through end of earnings in May, and get back fully invested by mid November. I watch some 20 stocks that I don't hold, and on big NAZ corrections, which inevitably occur (often April through October). On these corrections I buy whatever looks best from my watch list, or current holdings. In past years, this was often CSCO, and if it overweighted portfolio balance, so be it. The sage Uncle would call me a market timer. So be it. I typically do not hold a basket, preferring one stock in a sector. I'm not to into "shiny pebbles" but I have held CREE, and held WIND, with LTB&H intentions, but upon reflection have decided they were early. Now the good part of all this discussion, centered around JDSU, SUNW, WIND, gorillas, wannabe gorillas, kings, and shiny pebbles, is that we all approach our portfolios with slightly different interpretations of the RFM. Discussions here help us evolve our own thinking. You like SUNW. I like JDSU. It is a lot more fun and profitable to practice the Gorilla Game with other similar (not like) minded individuals than it is alone. Who knows. I might even by SUNW, one of these fine days (it is one darned fine company), and I sure follow all the WIND and CREE discussions, closely. - Eric -