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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: Dave Johnson who wrote (7853)	6/30/1999 11:50:00 PM
From: RFH	Respond to of 18928

Hi, Dave. DSC Communications (DIGI) was a real heartbreaker for me as well. I wasn't AIMing at the time, but still lost a bundle (for me) in that silly stock. I came real close to doing the same thing you did when I started AIMing IIT. (This one is on my web page). Went from 26 to around 5, but I stuck it out. I think I had close to 3000 shares at the bottom. Of course you have to figure that you would have been selling DIGI on the way up as well, so don't beat yourself up too much. (Yea, right!). Sorry. Just don't do it again! Sincerely, RFH

To: Dave Johnson who wrote (7853)	6/30/1999 11:53:00 PM
From: Jack Jagernauth	Respond to of 18928

Dave, Sorry to hear about your unfortunate experience, particularly with your IRA. I have had my share of securities with major downdrafts, and it is quite an experience in self-examination. The way I look at it is that when AIM's advice is to 'buy', that is probably one of the worst times to sell out of a position and I never do (rocks in my head); on the other hand, that stock you mentioned could have dropped all the way to zero. Who knows. Someone made excellent comments in an earlier post about being sure to invest in the strongest securities since they always come back. Owning the best makes good sense to me. Regards, Jack

To: Dave Johnson who wrote (7853)	7/1/1999 12:46:00 AM
From: RFH	Respond to of 18928

Dave, Speaking of FAK (Fidelity Korea Fund), I just checked my e-mail and noticed that Ameritrade reports a sell of 100 shares at 10. With today's close, my return has climbed to 56%, annualized at 41%. I'll report the details on my web page this weekend, probably Sunday. Also of note, I had another Buy in BFR, (Frankie's Little Bank), which has been sinking lately from 26 to 19. This makes 3 buys in a row. I started this one in January, and so far have had 3 buys in a row, followed by 5 sells, and now the 3 buys. So far, so good. Maybe another ideal "Lichello Stock?" Sincerely, RFH