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Concord Communications (CCRD) Message Board

  • fabulouspoodle fabulouspoodle Apr 11, 2000 11:57 AM Flag

    RE: Landis' software picks...

    Has anyone noticed how poorly Kevin Landis'
    (Firsthand Funds) software picks have performed? He doubled
    his position in BVEW in February (as per latest
    data), it hit a high of 45 three or four weeks ago and
    is now at 8 (earnings warning). He called LGTO his
    top pick of 2000 when it was over 40 (maybe over 50)
    and it is now under 20. He touted PVSW last year when
    it was over 20, and now its under 15 - it was at 11
    until he mentioned it yesterday on CNBC. He's been
    buying CCRD non-stop for six months, and its close to a
    two year low after topping at over 60. I don't know
    if its bad luck or bad stock picking, but if he
    stayed away from software his funds would have done even

    Good luck longs.

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    • mrba_ceo_kim_polese_is_goddess mrba_ceo_kim_polese_is_goddess Apr 11, 2000 6:37 PM Flag

      bvew went 2-1 split in Feb.

      per, landis liked ccrd for long term.

      everyone was fooled by lgto mgmt, not just landis.
      moreover, lgto is not a software stock.

      you got to
      be patient with landis, 56% annual compound growth
      is amazing.

      aka: duke
      landis defender

      • 1 Reply to mrba_ceo_kim_polese_is_goddess
      • You are right about BVEW, however Duke Landis did
        add to his BVEW position in February.

        LGTO is
        a software stock, moreover, LGTO was the Duke's
        favorite pick - everyone did not say it was there 2000

        I have been long tech value for two years, tech
        innovators for one year, and communication and e-commerce
        since inception. However, Landis has had problems in
        his software picks - particularly the ones he has
        recommended when interviewed. As I mentioned before these
        include LGTO, BVEW, PVSW and CCRD. They all have tanked.
        Obviously he has picked other software stocks that have
        done well - but he has touted each of the ones
        mentioned on the tube.

        I like Landis and am hopeful
        that CCRD (which seems ridiculously undervalued at
        these levels) will move north. But let's not be naive,
        Landis is not going to tell that he
        doesn't like CCRD (one of his larger holdings) long term.