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

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To: THE FOX who wrote (7672)6/11/1999 8:34:00 AM
From: Bernie Goldberg   of 18928
 
Hello Sir Fox,
I cannot tell you whether or not IDXC is a good AIM stock or not because as you can tell from this thread AIM is many things to many people. However I would be glad to provide you with this information:

Starting date 5/27/96 IDXC closed at 41.625
If you had invested $10,002 in IDXC you would have bought 240 shares. This would include a $12 commission. Today those shares would be worth about $7756 which is a net loss of $2246.
If you had started an AIM program on the same day you would have bought 121 shares and reserved about $5000 as a cash reserve which would have been earning 5% interest for you. That 5% interest is not included in this calculation. As a matter of fact because of AIM, at one point in the three year period it would have grown to almost $7000
without the interest. Today, using AIM you would own 325 shares and $732 plus any interest you would have earned on your cash reserve.
Your net loss would be $1774. The way I look at it you would be $472 and 105 shares ahead of the Buy and Hold investor.
If you haven't done so already I would recommend you purchasing Mr. Lichello's book. It will be the best $5.99 investment you ever make.
Bernie
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