SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : A.I.M Users Group Bulletin Board

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: OldAIMGuy who wrote (6246)11/19/1998 4:36:00 PM
From: OldAIMGuy  Read Replies (4) of 18928
 
My Sales Manager, AIM, reports that we sold another 9% of our inventory in ADCT today getting $29-1/2 for each share shipped! LIFO gain was a pleasant 43%. (not bad for a couple of months work!) ADCT is another of the telecom. equip stocks that was "hated" just a while ago and seems now to be moving towards the "loved" camp.

What's interesting is that the stock price is up just 38% from where we started this account and yet the portfolio (pre-tax) is up 43%. As mentioned in previous posts, taxes will take a bit of the shine off of those gains, but we're still making more than the broker or Uncle Sam.

Best regards, Tom

PS: Congratulations Everyone! We've now had over 20,000 visits to our AIM User's Home Page. Wouldn't Mr. Lichello be proud if he knew?

PPS: I have a lead on Mr. L's whereabouts. I'm mailing him a letter and inviting him to join in the free-for-all! I'll keep you posted on my results.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext