Well, Tom, I made the plunge and sold off all of my FAK (Fidelity Korea Fund) and replaced it with NTRX (Netrix Corporation). The company is a worldwide provider of voice and data networking products. Netrix develops, manufactures, markets, and supports networking equipment for voice, data, and image networks. Netrix products are designed to transport voice over data networks to enable its customers to realize significant cost savings. I've spent the weekend reading over messages on the NTRX board here on SI, and the latest is very promising!
Message 12393466
I'll make sure I get my "This Week with AIM" site updated this weekend to reflect the changes. In short, my FAK AIM investment has had some pretty wonderful results. The account was started (after an initial investment some months earlier) on 11/18/97 with $5262.99. 21 trades later, I had a profit of $5786.89, showing a return of 64.09%, with a yearly-annualized return of 38.56%. Thank you AIM, Mr. Lichello, and Newport!
Sincerely,
RFH
elnet.com |
