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

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To: Bernie Goldberg who wrote (4765)	5/22/1998 12:25:00 PM
From: OldAIMGuy	Read Replies (1) of 18928

Thanks Bernie, Yes, APCC isn't in my account, but is one I'm managing in another account. Right now it's sort of in AIM limbo as there's only 300 shares in that account, so the trade range is a bit impractical. Next buy is about $24+, but the next sell doesn't occur until $46+! What's nice is the account was started with $0 cash reserve and now has a comfortable 40%. One buy or sell makes the Cash Reserve percentage jump around a bit! Since starting the account, AIM's sold 300 shares and bought 100. We've recycled the same dollars between $24+ and $29 a couple of times. Currently the account is up about 95% and most of that gain is in CASH! Since I'm acting as fiduciary on that account, I'm very happy to have the cash in reserve. The cash generates some current income while we wait for APCC to make its next move. AIM's business plan eases a fiduciary's burdens. It always is acting in a responsible fashion. Best regards, Tom

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