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Strategies & Market Trends : A.I.M. PIC List (Perverse Investment Candidates)

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To: OldAIMGuy who started this subject7/27/2001 3:31:41 PM
From: OldAIMGuy  Read Replies (1) of 127
 
Molex Corp. (MOLX) was added to the PIC list when it fell to #5 in the July 13th edition of Value Line. No sooner did it make the List, it was cut from Value Line's Highest Growth Stocks page (#39)! Well, for better or worse, it's now on our PIC list.

Overall the PIC list is showing a slight loss, less than $1000 on $180,000 hypothetically invested on a Buy and Hold basis. The same portfolio set up as an AIM account is just slightly positive by a few hundred dollars. So, at this point AIM's management has made a slight positive difference.

As the market works its way out of the mess it's been in for 16 months this method of picking "former greats" is proving to be rather interesting. Certainly each stock has the ability to recover from recent lows should either the stock market or their own businesses pick up.

Best regards, Tom
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