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

To: B. J. Barron who wrote (12070)	7/15/2000 4:39:14 AM
From: OldAIMGuy	Respond to of 18928

Hi BJ, "But it would be lot easier to not buy the 52 wk highs...." Yes, but sometimes we have to wait a whole year to find out! :-) Boy, VTSS certainly got whacked again yesterday. Huge volume and a 12%-13% slice off the top of the price. Of course when you only report revenue gains of 50% over the previous year's period, what can you expect. Actually, VTSS has been acting as a better AIM stock in recent times than in any of the period I've owned it. It needs to fall to below about $60/share before AIM and I part with some of our greenbacks for more shares. We were right near a sell point before the drop-off. Current cash reserve is healthy enough to do some pretty serious buying if the bashing continues on Monday. I would imagine that many TA programs and charts are looking a bit paniced right now. Massive sell-offs with high volumes usually don't make pretty charts. Looking at fundamentals, it would appear that there's some warming of the competition, but there's no shortage of demand for the products from VTSS or its immediate competition. The "build-out" of the infrastructure for the internet continues at an incredible pace. So, maybe my ratio of buys and sells will even out a bit as time goes forward. It's always been a bit lopsided with many more sells than buys in the past. Best regards, Tom

To: B. J. Barron who wrote (12070)	7/15/2000 5:19:35 AM
From: OldAIMGuy	Respond to of 18928

Hi B.J. Your story about Japan Fund got me thinking about my investment in Mexico Fund. I started my Mexico Fund investment quite a long time ago. It took the crash of the Peso in late 1994 to get me to buy into it as I attempted to bottom fish the price. I think I started at about $22, down from a 52 week high of something near $40 and then proceeded to AIM it all the way down to the low teens. Although not a large portion of my overall portfolio, it's provided its own level of entertainment far in excess of its percentage of value! A profitable account now, it has provided good AIM trading in recent years. The fund managers have called for a special meeting in Sept. to discuss changes to the fund's structure to make it a better representation of Mexico's "globalizing economy." Now I'm not sure exactly what the heck that means, but the fund has been responding well to both the recent elections and this news. Here's what SI's chart for the last three years looks like for MXF......... siliconinvestor.com and here's my own AIM history for the same period of time............ aim-users.com MXF was hard hit in 1998 along with most of Central and South America and essentially all of Asia. The price/share still hasn't fully recovered to those highs. AIM's guidance has provided me with a chance to actually have my account at an all time high value, even so. The advent of foreign and sector funds has added a tremendous new opportunity for AIM users. There's good volatility and diversification which seem to work well with AIM. I would think that Mr. Lichello would enjoy these new devices. Best regards, Tom