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

To: Greg Hull who wrote (35912)	12/3/2000 9:45:25 PM
From: Mike Buckley	Respond to of 54805

Greg, It's nice to see you again. You offer an especially interesting perspective. Too bad you had to leave us for awhile to come by it. Welcome back! --Mike Buckley

To: Greg Hull who wrote (35912)	12/4/2000 4:15:52 AM
From: Bruce Brown	Read Replies (1) \| Respond to of 54805

It is now apparent that Sir Lyre is a mutual fund manager successful enough and talented enough to indulge his artistic avocation. Oh great. Now I'll have to defend myself again for yet another accusation - for running the closed-end "BB's Tech/Bond/REIT/S&P fund". Tekboy, jduffy and stvfox are all in my 'penalty' box for round one and round two of the original accusations. Since you brought up the idea of a 'mutual fund', let me run off with that theme for a few minutes here because I know that it has been mentioned by many new investors on this board as well as the Fool's GG board. Some of them would like to own shares in more than one gorilla or king or candidate, but have limited beginning savings to invest and build a portfolio of 5, 10 or more stocks. It doesn't matter if one has $500, $1000, $10,000 or $1,000,000+ to invest - we're all equal when it comes to investing. The smaller amounts are what exactly grow into the larger amounts over time and selection. You have to plant the seeds and allow them to grow. Anyone can build their very own mutual fund at a service like FOLIOfn.com. For those just starting out with limited capital, it's a unique way of approaching it and you can concentrate on only the stocks you want to have in your 'fund'. That's not supposed to be a plug for the service because I don't really know it that well outside of reading the FAQ over the weekend. In addition, it's something we are using in the retirement seminar at the Fool to calculate yearly costs of any mutual fund. It's quite surprising to know how much those funds actually charge investors. The FOLIOfn allows you to own and manage your personal mutual fund and calculates the yearly charges for you to see how much cheaper it is than the professional funds charge. One of the seminar participants was amazed that one of his mutual funds of $31K has been costing him over $2200 a year in fees/costs from the mutual fund company. That's highway robbery when the average mutual fund only charges about $467 for a $38K mutual fund position. Those of us who know what $2200 can do over the extended years invested in an growth equity can appreciate the fact of what an extra $2200 a year could add up to over time. Even if your fund is charging the average of 1.x percent - $467 a year based on the $38K balance - it could be money that is going into additional shares of gorillas, kings, candidates or other diverse holdings. It's something to ponder if you own mutual funds and wonder where all those fees are going year in and year out - regardless of the performance. foliofn.com "You can create or buy up to three FOLIOs for a flat fee of $29.95 a month or $295 a year, which includes unlimited trading during our two daily window trades. Each additional FOLIO is $9.95 a month or $95 a year." There are two window trades available each day which provides you the option to buy and sell the equities in your 'fund' commission free. FOLIOfn allows you to set up your G or G&K fund with automatic monthly transfers from your bank account and shares/partial shares of each stock in your 'fund' are purchased. Not a bad system when you add in the ability to trade your shares commission free. Just as an example, a fund might look something like this and would be easy to set up at that service for the 30 day trial 'watch' to see what the service offers: Microsoft Cisco Oracle Intel Qualcomm Siebel i2 EMC JDS Uniphase Network Appliance Speaking of PSR's and P/E's - where are those ten stocks sitting now after coming down a little bit in the past few weeks, months, quarters? Look at the Silverbacks: Cisco slumming around down there with a 118 P/E and PSR of 16.96 Oracle at a 24 P/E and PSR of 15.21 Microsoft at a 32 P/E and PSR of 13.43 Intel at a 20 P/E and PSR of 7.18 And the others: Siebel at a P/E of 225 and PSR of 24.01 Network Appliance at a P/E of 224 and a PSR of 22.91 JDS Uniphase at a N/A P/E and a PSR of 22.39 EMC at a P/E of 122 and a PSR of 21.56 Qualcomm at a P/E of 98 and a PSR of 20.78 i2 at a N/A P/E and a PSR of 19.39 Like Alberto Vilar, for him equities and opera go together like pate and Rheingau. I wouldn't touch pate (I'd never fit in my costumes). The one enjoyable aspect of my job in the opera business is when I step foot in the building, any thoughts of investments are easily left outside. Although, I'd love to have a slice of Vilar's investing success... On a thread news note: I'm looking forward to StockHawk's visit here in Vienna next week. BB