VLSI Technology - Waiting for good news from NASDAQ !!! Message Board

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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!

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To: Maui Jim who wrote (6415)	5/6/1999 12:32:00 PM
From: OldAIMGuy	Read Replies (1) of 6565

Hi Jim, One of my investment rules is For Every Rule, There's A Valid Reason For Breaking It! Yes, there's evidence of my breaking AIM "by the book" many times in that history. First, when I get more Cash Reserve than I feel is logical for an investment, I stop AIM's selling spree. Next, I let the Cash Reserve go to negative values which Mr. L never allowed. Third, I stopped AIM's selling once I'd sold shares to the initial Buy-Out price of $17 to await the unfolding of history. There's another bit of cheating that occurred as well but isn't visible in the documents. I had increased the resistance to buying shares to make AIM a more efficient purchasing agent. Mr. Lichello only used one resistance level. All this customizing I believe is within the user's license. Thinking back to 1990 and the reasons that I bought VLSI, much of what I saw as potential then was realized. It was the stumble in late 1995 that should have foretold that we had more hard times to come. However, I was too busy repurchasing shares to pay proper attention. Risk management is an important part of what I do as an investor. I'm "retired" so the market's my only source of income. Therefore I have to be a responsible fiduciary. There's some nice "seed money" from this sale and I'll have to find a proper home for it. The remainder will go into income producing investments to keep the bills and taxes paid. AIM's done well by me over the 11 years that I've used it. I've left some $$$ on the table as any method short of being fully invested will. I've also managed to beat Mr. Buynhold on some. If we're particularly good at picking long term investments, AIM will almost always lose to Mr. Buynhold in the short term. It takes several price cycles for AIM to catch up. Once it owns more shares than Mr. B, then AIM usually stays in the lead. Remember a month or so ago when Ericsson and QCOM settled their arguments over CDMA? I'd speculated that maybe this would help out VLSI. Don't know the answer to that at this point, but I sure would like to kick myself publicly for not buying QCOM at that very moment! That stock is UP about 200% since that announcement. Shoulda Woulda Coulda!! Whip me, Beat me!! How can I be so dumb sometimes?? I guess I have to get the crystal ball out and dust it off again. I have a feeling I'm going to be surprised at what I investigate next. Even stuff like T should probably be considered. Best regards, Tom

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