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

To: Uncle Frank who wrote (2209)5/25/1999 5:21:00 PM
From: LindyBill  Read Replies (1) | Respond to of 54805
 
This market is like "The Death of a Thousand Cuts!" We just keep getting chewed a little every day. Down 19% for the last two weeks, but still up 48% for the year.

I am not going to make any moves. I figure Qualcomm will roar back on the next earnings report, and I am still 20% Cisco, and hoping it will finally move after the nest earnings report.

I think we will move down some more. If I was sure of it, I would sell and buy back in, but my record on timing like that is horrible.



To: Uncle Frank who wrote (2209)5/25/1999 6:11:00 PM
From: NY Stew  Read Replies (1) | Respond to of 54805
 
Uncle Frank,

Thanks for saying that but the credit really goes to Mike for bringing Gemstar to my attention a few years back.

Regards,
Stew



To: Uncle Frank who wrote (2209)5/25/1999 8:44:00 PM
From: Mike Buckley  Read Replies (1) | Respond to of 54805
 
Frank,

Thanks for the nice comment about Gemstar. I look forward to seeing Stew's reaction, but mine is that anticipation of the news is already built into the price of the stock, at least on a relatively short-term basis. The really good news is that AOL apparently isn't negotiating to buy Gemstar, as had been rumored.

As an owner of Gemstar and with you as an owner of AOL, now we're business partners. :)

--Mike Buckley


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