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

To: Uncle Frank who wrote (35410)	11/27/2000 3:41:45 PM
From: slacker711	Respond to of 54805

Then you have to count me among the unreasonable. To this day, and even during the fall from 200 to 50, I have felt it was riskier to be out of qcom than in it. Perhaps that because I'm focusing on the prospects of the enterprise succeeding rather than the stock price. I generally agree....however, at some point, a stock price may represent a nearly complete discounting of future successes. This is the ONLY situation in which I consider selling based on valuation. The key to the Gorilla Game (for me) is that there is a near inevitability about it. QCOM will eventually get to $300...it is simply a matter of time. However, the other half of the equation is you may be able to find other investments in which to place the proceeds of a sale. If QCOM is in a situation in which aggresive estimates of the market only yield a 25% YoY return then it may be time to compare it to other Gorillas. JMO.... Slacker

To: Uncle Frank who wrote (35410)	11/27/2000 3:48:03 PM
From: Mike Buckley	Respond to of 54805

To this day, and even during the fall from 200 to 50, I have felt it was riskier to be out of qcom than in it. Exactly. In my mind, there is no importance whatsoever that one person might be "up" on Qualcomm this year and another person might be "down." This is just one year. One year is clearly NOT the focus of Gorilla Gaming. Instead, it is important that there already seems to be overwhelming evidence that buying Qualcomm when Ericsson caved (which was also after the tornado had begun) validates the manual's strategies. --Mike Buckley