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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: Dataminer1 who wrote (10341)	2/24/2000 4:20:00 PM
From: OldAIMGuy	Read Replies (3) of 18928

Hi Bill, I don't think anyone really expected the BioTech Boom-lette that we're currently seeing. The dollars I have in that area had been sitting dormant for literally years. The potential hadn't changed, so I'd been content to use AIM and trade around the core holdings of each of these stocks. By late 1998 all of my positions in biotech had fully utilized their respective cash reserves. For most of 1999 I'd not had a chance to have AIM sell any of those shares either. Now, in just a few months these investments have gone from being naked of Cash Reserve to being fully funded. All are at about 50% cash now and near enough to what the Idiot Wave is suggesting that I'm now pulling 'vealies' on a regular basis. Here's the results for February of the following years: Stock 1998 1999 2000 ----------------------------------------------- Symb. Gain/Loss Gain/Loss Gain/Loss CHIR +103% +130% +306% CSON N.A. +29% +99% GENE +137% +35% +1143% NERX -27% -66% +102% ------------------------------------------------ % of VIEW Assets 9.5% 8.7% 25.8% So, a modest portion of my portfolio has suddenly become a significant portion with over 1/4th of my portfolio now committed to BioTech. Please note that AIM has half of that commitment shifted to the CASH column, as well! Best regards, Tom

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