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

To: gdichaz who wrote (48110)	10/19/2001 5:40:34 PM
From: Pirah Naman	Read Replies (2) \| Respond to of 54805

Cha2: One of the most fascinating distinctions I see on this thread is between those of us who bought years ago and are holding (mostly, chuckle) through the huge hit the overall market (and especially the techs) has taken in the last 18 months, and those who were unfortunate enough to buy into gorillas, and especially kings, just before or during this period of major downturn in stock prices across the board. Buy and hold seems more sensible for a Qualcomm investor who bought in around $ 5 than if he/she bought at $150 plus. Exactly. It is much easier to handle. That brings up another thing that doesn't get mentioned here much - an investor's psychological (and practical) compatibility with an investing method. That comfort level is so important in making non-emotional decisions. If the concept is correct, what is needed is time, no? Probably need lots of GGGGGG for this one. Yes, and some faith and luck. Relating back to your observation, it is no doubt easier to spend a few years beneath one's peak than that same time underwater. What is hard to do, but is very important to do for both groups - and this relates back to some of your other posts - is to evaluate going forward. Whether one paid $5 or $150 for QCOM, the only question today is whether one wishes to hold QCOM at ~$50 or not. Best to you, - Pirah

To: gdichaz who wrote (48110)	10/20/2001 4:51:33 AM
From: chaz	Read Replies (1) \| Respond to of 54805

Cha2-- Considering the purchase points, there are some here whose holding periods (to be profitable) may stretch 10 to 15 years. In those cases, GG may be vindicated, but I don't think that's what was on their minds at the time of purchase. I look at companies like RMBS, NTAP, JDSU and I see real struggles going on in the hearts and minds of folks here and elsewhere who recognize potential greatness, see low prices, and realize that values right now seem not to be there...but fear missing the initial stages of their recovery, and also fear that there may not be one at all. Maybe I'm just talking to myself, but I don't think so. Chaz