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Strategies & Market Trends : Mutuals:AIMing For Profits--Invest In Best
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To: Jim Battaglia who wrote (701)12/29/1997 8:32:00 AM
From: OldAIMGuy   of 4158
 
Hi Jim, As you know, (it seems like a very long time ago) I bought the Wright Equity Hong Kong fund (WEHKX) and let AIM do the managing of it. The first year was a bit slow. This last year has been a very busy one for AIM, however.

First, with the big celebration of Hong Kong being melded back into China, AIM joined the party and sold shares to anyone that wanted them. This fattened up the cash reserve nicely (and just in time!).

Then, as things came undone in asia late this fall, AIM's been pumping cash back into the fund. Nice work! It appears that the Hang Seng has reached and started a bottoming pattern just as AIM's run out of cash! Funny how that seems to work!

At my AIM web pages, I keep an individual stock example and a mutual fund example. Would you have any way of capturing any of your AIM fund examples so that we could display them at my site? I'm always looking for fresh material!!!

As the new year approaches, I feel very good about how Mr. Lichello has guided us. That plus your generous time has made a winning combination for all. It's been about a year since our "diaspora" from Prodigy. I still miss some features of the old BBNM, but feel that the fertile grounds of S.I. have been a great place for AIM to take root. Here's to a great harvest in 1998!!!!

Best regards, Tom
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