Hi Paul, Once you get buying in AIM, the buys start comming faster and faster. AIM acts like a proportional controller - like cruise control, for instance. Little hills, no need for any adjustments; Big Hills, Big Adjustments!
For me, AIM has returned to me the time for good fundamental analysis. I had a pretty serious Ticker Addiction before I started AIM 10 years ago. It turned out to be much more flexible than Mr. L's book made it sound. Some of that flexibility is probably what he'd call cheating, but I've always been fond of breaking rules!
VLSI has been in my portfolio since 1990. My initial position was 1/2 in the common stock and 1/2 in their conv. bond. A few years ago the darned bond got so valuable that I finally sold them at about $1.20 on the dollar. Since then it's all been in the common. I haven't checked Value Line to see what VLSI's present Book Value is, but I believe it's around $12 a share or so.
If you would like to see how AIM's been treating me with VLSI, it's my feature stock right now. Take a look at
execpc.com
As you will see, it's made my broker, Uncle Sam and me happy. When I compare VLSI to INTC, I see a company that's quite reasonably price and has the same (or better) growth rate.
Best regards, Tom |
