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

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To: OldAIMGuy who wrote (4554)4/25/1998 12:53:00 PM
From: Steve Nelson  Read Replies (3) of 18928
 
Tom, happy you asked. Yes, I did have AIM activity this week. BOBJY reported earnings of 8 cents vs. estimates of 4 cents and year-ago earnings of 6 cents. Result was a $3.50 gain which triggered a sell of 18% of by shares to some greedy bastard (oops, that should be "some deep pocketed angel", have to watch the language now that SI has been acquired). Furthermore, company expects long term earnings of 30% to 35%. Thanks AIM'ers for turning me on to BOBJY

(BOBJY history:
initial buy 10/97 @ 14.125
buy 10/97 @ 11.375
buy 11/97 @ 10.50
buy 12/97 @ 9.75
sell 2/98 @ 13.25
sell 2/98 @ 14.75
sell 4/98 @ 18.00)

I've been performing "vealies" for the last few months on my non-listed mutual funds in my 403b fund. I'm trying, with some success, to get the cash levels down from over 40% to under. Now I'm ready to sell, just hope the market cooperates and rises to over 10,000!!!

And lets hear it for summer in the northern plains! Trees are leaving out and I can safely say I've made it through 5 decades of winters. Here's hoping that AIM will provide me with the funds to spend my remaining decades in perpetual summer.

SteveN
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