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

To: OldAIMGuy who wrote (9402)	11/29/1999 8:40:00 PM
From: LemonHead	Read Replies (3) \| Respond to of 18928

OT Re: Corporate account. I sent a very profound email to my broker for my corporate account the other day. I was up set about two things. One the commission cost per trade and not having control so I could AIM as I saw fit. We jawed on the phone, he was pissed and so was I. He offered me a deal of 2% for total value with no other associated costs. Well I got to thinking in my head about the difference in cost and additional benefits. Do I get access to quality research? Do I get checks? Do I really get anything that I wouldn't get from an On-Line account? In my mind, not really. Is it better to pay a % of account value vrs a minimal cost per trade? The way I figure it I would have to trade 300 times per year to break even on the % deal. Don't think AIM is quite that active. Anyone see any benefits I'm missing (other than an IPO)? Keith

To: OldAIMGuy who wrote (9402)	11/30/1999 1:46:00 AM
From: Jack Jagernauth	Read Replies (1) \| Respond to of 18928

Hi Tom and everyone, On the subject of increasing risk and Vealies, here is a scenario for discussion purposes. Let's say, for example, that I am in a fund which is moving right along, i.e., going up. I pull a Vealie, and another Vealie. Then, the momentum slows, the NAV goes flat and starts to decline. Maybe the tide has turned for a while, and the next thing that happens is, I get an AIM buy signal where I pulled the first Vealie. So, what gives? Why should I buy where I was supposed to sell in the first place? Okay, I say to myself, my approach is to look at fundamentals; are the fundamentals still fine? However, the 'fundamentals' with funds just might be too weird to try to figure out. So, I ask myself, is there more upside potential than downside risk with this fund? Here is a sacrilegious thought. With funds, would it make sense to pull Vealies while the momentum is strong and take money off the table when the momentum slows? If the cash reserve exceeds 35%, no problem; I could just move the excess cash elsewhere. What are your thoughts? Regards, Jack