Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Condo who wrote (13142)	10/12/2000 7:27:15 AM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18928

Hi EJ and thanks for the high praise, After a quick look at your profile, I can understand why Cash Management has been a priority! Looks like you don't mind handling fireworks! There are some stocks in my portf. that I use SAFE larger than Mr. L's +or- 10%. This is because their natural "amplitude" seems to be great enough to capture even larger LIFO gains than straight AIM without limiting the total number of trades very much. It's always a balancing act. I pretty much choose by seat of the pants while others decide by simulation. Just something to think about with some of your holdings. Yes, Mr. Lichello did a magnificent thing for all of us. To disconnect the usual market psychology from what we do with our "Equity Warehouses" is to free our time, energy and cognitive abilities for the Best. Best of life, best of investments, and in the long run, maybe the best of returns. Even if AIM lacks perfection, it's vastly superior to hand wringing and sleepless nights! Far superior to Margin Calls! Way ahead on Short Term Capital Gains Tax. This most recent crash diet that the markets have been using may not be anything more than one more cycle in what might turn out to be an oscillating market, which might have replace the upward trending market we'd had for so long. I think it's still too soon to tell for sure. In the mean time it's been some fun! Best regards, Tom PS: in my case, the motivation is that it's my Livelyhood!

To: Condo who wrote (13142)	10/13/2000 5:05:43 AM
From: Condo	Read Replies (2) \| Respond to of 18928

Hi AIMsters, I realize us AIM newbies are meant to be seen and not heard, buuuut... <g> The price of Anadigics(ANAD) ran up from $16 to $18.25 this afternoon (of all days) and that got me wondering how someone (or some program) decided that $16/share was the place to start buying. Here's my question: Is "breakup value" equal to Book_Value_per_share + Cash_per_share minus any debt? So for ANAD: $9.59 + $5.70 - 0 = ~$15.29/sh. breakup? siliconinvestor.com It seems too simplistic somehow. There must be other considerations, rules of thumb. I find that sitting on my wallet is real important with ANAD. If breakup value (whatever the correct way to do it is) roughly represents zero risk(?) and/or tends to act as a price floor, could it be used to figure the necessary cash reserve level? I'm asking your help because a lot of you have thought deeply about AIM for years and I haven't even experienced a full cycle yet. I'll shut up now and stand by for a swift kick in the pants! - Skol, Ej