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Biotech / Medical : Boston Scientific (BSX) Any Comments???
BSX 91.50-0.4%2:56 PM EST

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To: yard_man who wrote (476)9/16/1998 2:42:00 PM
From: OldAIMGuy   of 798
 
Hi T, It's taken a few years to achieve the results, but I feel good about it considering that gain is carrying the burden of the large Cash Reserve as well. Nice growth with moderated risk.

What's curious is that the price was $40/share at the beginning of the investment and is up to about $67 now - a gain of 68%. My account started with 1100 shares of stock @ $40 and 0.0% cash reserve. Now I have 800 shares left and a cash reserve of almost $33,000 and the account is up 97%.

It would appear that the strategy of trading around the core position is working! I started managing this holding with AIM about a year ago, I believe. If you would like to see the graphs that show the trades, I could post them at my web site. Any interest?

Best regards, Tom
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