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

To: Mike Buckley who wrote (2111)	5/22/1999 3:31:00 AM
From: LindyBill	Respond to of 54805

I'm beginning to think it's both. :) The the "Gamblers" song was right. "Ya gotta know when to hold em, and know when to fold em!"

To: Mike Buckley who wrote (2111)	5/22/1999 5:05:00 PM
From: LindyBill	Read Replies (2) \| Respond to of 54805

I find it really ironic that you think getting out is what made you money, while Frank and I think your ability to know when to get in is what made you money. Hey, I know how to lose money! I started out in "92 using "Value line", got on line and found "Motley Fool", and bought "The Gorilla Game". I then subscribed to Silicon Investor in June of '98. (God, I can't believe it was only a year ago!) ." I bought and sold these "turkeys." 1995 Staples-- bought for $4285 3/95, sold for $3520 5/95 Intuit--Bought for $3825 11/95, sold for $1681 8/96 (ouch! I learned that a good product can be made by a bad company.) Credence--bought for $5912, 10/95, sold for $2120, 9/96 (ouch!). 1996 Andrew--bought for $6,000, 11/96, sold for $4745, 7/97 1997 3Com--bought for $3300, 1/97 sold for $2400 9/97 SEG--bought for $4966 1/97, sold for $3378, 6/97 Applied Magnetics--bought for $5255, 1/97, sold for $3388, 9/97, (ouch!) 1998 CATP--bought for $12970, 3/98, sold for 11,500 6/98 Gart-- bought for $8100 3/98 sold for $6500 5/98 Manuguistics-- Bought for $5480 4/98 sold for $2307 6/98 (this loss pissed me off at myself) NETA--bought for $14,172, 3/98 sold for $12,555 6/98 Seibel--bought for $8043 4/98 sold for $6895 6/98 (yeah, Mike, I know I should have held.) Symatec--bought for $14,400,3/98 sold for $12,400 6/98 Vantive--bought for $6850 4/98, sold for $4867 6/98 SUMMARY I bought 14 stocks for $103,558 I sold them for $78,256 Average purchase $7397 Average sale $5589 Average loss $1807 Average % loss 24% What I was doing early, was buying "shiny Pebbles" from "Value Line" , and later, buying a "Basket" from the "Gorilla Game". But, the key was, I started out with small purchases, and I was able to "pull the plug!"