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No. of Recommendations: 3
That (30+ stocks plus mutual funds) would be more stocks than I could follow comfortably. As others on this board have told me in the past: "You don't have to invest in them all." You may be overdiversifying.

Yes, I'm aware of the 30+ stocks. Here's my rationale for the 30. Of the 35% I mentioned in my post I intend to have '3' groups as follows:
Next Gen Networks (probably a basket in each of the 5 Fat Pipes as mentioned in Bruce Brown's fat pipe series- Gorilla Gaming, especially the basket method as explained in the book can lead to quite a few stocks. With the 5 Fat Pipes, lets assume a basket of 3 stocks per 'Fat Pipe', this would be 15 stocks.

Grandfather Gorillas as explained in the Gorilla Gaming book these would be the likes of Intel, Microsoft, Oracle, Sun, Cisco, EMC, SEBL, and maybe QCOM. Of these I am missing MSFT, ORCL, SUNW, EMC. I intend to hold no more than 10 in this space.

RB/RM/Godzillas/Kings. Limit to 5-8. Candidates would be Home Depot, Amgen, Citibank, Wal-Mart,or any non-tech stock. I'm also considering JDSU, AMCC, PMCS, VTSS, BRCM, NOK, DELL in here as they are debatable in having an open proprietary architecture. If I'm wrong with this assumption with any of these companies please let me know

As you can see it would be easy to hit 30+ stocks (not even counting the MI stocks) with this strategy. I plan on solving the overdiversification issue using the consolidation strategy as pointed out by the book. As time passes, I'll be able to tell the laggards from the winners (with more education). I am confident that I'll be able to follow the stocks with the help of the fellow Fools here and in my other favorite boards (l'union, Rat's broadband
bandwagon, MI, Foolish Workshop)
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