Today's AGORA bulletin (don't agree with your opinion, they are one of the better services of its kind IMO)
:
Bulletin # JAN99-13
ONCE YOU'VE READ THE HEADLINES, COME TO AGORA FOR THE NEWS
Good afternoon to you all. Pursuant to our e-mail bulletin of Thursday,
January 21, please find enclosed our official recording of profits in
AOL, NSCP and XOOM.COM. For reference purposes, we notified our
intention to dispose of the following positions.
__________________________________________________________________
COMPANY SYMBOL ACQUIRED DISPOSE RANGE
PRICE LOW HIGH
XOOM.COM XMCM.NAS $35.50 40.00 44.00
American Online AOL.NYSE $88.30 142.50 147.50
Netscape Comm's NSCP.NAS $41.00 61.00 64.00
___________________________________________________________________
Pursuant to trading activity on Thursday and Friday, we are officially
recording the following profits:
RECORDING DISPOSITION OF $US88.30 AOL TRADING POSITION
Purchase: AOL @ 88.30 November 23, 1998
Sale: AOL @ 143.50 January 22, 1998
Gain: $US 55.20/share =
$US 5,520/100 shares =
$552/10 shares =
62.51%% in 35 trading days = 446.50% annualized
RECORDING DISPOSITION OF $US41.00 Netscape TRADING POSITION
Purchase: NSCP @ 41.00 November 23, 1998
Sale: NSCP @ 61.00 January 22, 1998
Gain: $US 20.00 per share =
$US 2,000/100 shares =
$200/10 shares =
48.80% in 35 trading days = 348.60% annualized
RECORDING DISPOSITION OF $US35.50 Xoom.com TRADING POSITION
Purchase: XMCM @ 35.50 January 11, 1999
Sale: XMCM @ 41.50 January 22, 1998
Gain: $US 6.00 per share =
$US 600/100 shares =
$60/10 shares =
16.90% in 10 trading days = 422.50% annualized
Once again, we are very pleased with the effectiveness of our portfolio
strategy. These official recordings will be added to the highly
successful results of The AGORA Portfolio at:
agoracorp.com
By concentrating primarily on fundamentally sound companies, we are able
to take advantage of periodic weakness and tilt the probability of
success heavily in our favour. As usual, this individual trade will not
retire anybody but then again, not many trades will. On the other hand,
we were able to severely minimize risk and earn a healthy return in a
very short time. Readers will note that positions as small as 10 shares
in any of the above companies would have resulted in a healthy profit.
Compared to the risk-reward ratio of most micro-cap investments (though
there are some good exceptions), in which a large chunk of money can be
lost overnight, our system wins hands down. If investing were a baseball
game, we just love hitting those singles and doubles. Remember, we could
swing for the fences and hit the game-winning home run but we would have
to risk striking out and losing the game. Unfortunately, in this game,
strike outs far outnumber the home runs.
Have a great day.
Regards,
AGORA
agoracorp.com
The Agora Wire. Published by Agora International Enterprises Corp.
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agoracorp.com
This is the same common sense you would apply wh en a complete st
ranger buys stoc k for their portfolio. Only you know your
circumstances, your resources and your needs. We do not. We are not
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AGORA INTERNET RELATIONS CORP. receives a monthly monetary fee from King
Communications Inc., Valu-net Corporation and Mirandor Explorations Inc.
for the purposes of communicating with Internet shareholders - both
current and prospec tive - to increase aw areness of and interest in
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at keeping their clients' shareholders and prospective shareholders
informed about their company. These activities consist of providing
investors with pr ev iously disclosed factual information concerning
the company, comments from company principals, copies of material that
has been filed with regulatory authorities, comments prepared by
registered brokers or investment dealers and material published in
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AGORA INTERNET RELATIONS CORP does not participate in the maintenance of
an orderly market in their client's securities, nor is required, or
receives an incentive for, the maintenance or achievement of a price or
trading volume for their client's securitie s at a certain level,
for a specified period of time or by a certain date. AGORA INTERNET
RELATIONS CORP. may, at any time, own shares in the company.
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