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

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To: HighTech who wrote (8550)	9/19/1999 9:20:00 AM
From: Bernie Goldberg	Read Replies (3) of 18928

Hi, My problem was similar although not quite the same as your hypothetical situation. Bought 1300 shares of BEAM in early December 1998 $5.0625. Sold 100 shares 01/10/99 @6.1875 Sold 73 shares 03/21/99 @6.5625 Sold 400 shares 02/28/99 @10.625 Sold 53 shares 04/04/99 @10.9388 Sold 160 shares 04/25/99 @16.0625 Sold 55 shares 05/02/99 @17.875 Sold 59 shares 08/01/99 @24 Bought 40 shares 08/15/99 @17.9063 Bought 70 shares 08/29/99 @15.4688 You see even though the price is nowhere near the starting price of $5 you can still get buy signals. Both safes are set at 10. You could say that I am behind Mr. Buy and Hold but I would disagree and I will tell you why. I started off with $6581 invested in stock and $3418 in cash. Today I have $9800 in stock and $13000 cash. Because of the cash reserve I am receiving a dividend of 6.4% on a stock that does not pay a dividend. Since my original investment, Stock and Cash totalled $10,000 and I now have $13000 in cash one could argue that I was paid $3000 to purchase 510 shares of stock. At this point in time Buy and Hold would have a little less than $25000 but it all would be at risk. There would be no dividend of any kind. This stock could drop to $10 tomorrow. It could also go to $40 or $50. Nobody really knows. All you have to do is go to the Summit Technology thread here at SI and read some of the posts from both Bulls and Bears on this stock. There are many experts in this world. AIM wasn't invented for them. It's for the people who aren't afraid to admit that they really don't know where any stock or index is likely to be one or two years from now. Hope this helps. Bernie

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