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


To: LemonHead who wrote (17153)10/26/2001 2:06:11 PM
From: Bernie Goldberg  Read Replies (2) | Respond to of 18928
 
Hi Keith,
I don't know if you read the report on TMA yet, it came out Monday. EPS was up 108% over the same period last year. This is probably the reason for the 8.5% gain this week. They also raised the dividend from 40 cents to 50 cents per quarter. Even with the price up it is still yielding over 11%. The dividend will be paid Tuesday. Should at least buy some fishin worms.
Bernie



To: LemonHead who wrote (17153)10/26/2001 6:54:24 PM
From: rgammon  Read Replies (1) | Respond to of 18928
 
Keith, Tom,

Yes, I can agree that most whom we handhold with AIM eventually do get it and go it alone. Our services are like training wheels on the first bike, and Dad running alongside holding us up for the first few attempts we make without the training wheels.

Here is the exact quote on the last e-mail exchange


Robert, Thanks a lot not only for offering to help me in the transition but also for this 1+ year of financial guidance from your part. I know that the current situation is far from perfect but I have confidence that I'll recover. Also beyond our business relationship, I consider you a good friend and someone I can fully trust.


Note that this person is not a native English speaker (Portugese, I think, is spoke back 'home'), so grammar is not all that great. Its actually 2 years almost to the day since we got started. At least, this does not seem like a firing, but rather more like the bicycle example in the first paragraph. We'll see how this works out. This person's time is quite pressed, so I don't imagine next available trade will be what is implemented. Once or twice a month is all that I can imagine will be done. So long as passwords don't change, I can monitor what happens. The time factor is so intense, that I wonder how successful this person will be in reallocating some time to finance and investing will be (most bills appear to be paid via auto-charge to credit cards). This training wheels episode has three potential outcomes

1. Everything works ok, and trading happens once or twice a month much like Bernie

2. Things go to hell in a hand basket, and I get called in to recover things.

3. The client falls back to buy n' hold and with FAR too much cash/fixed income for someone who is less than 40.

It is likely to take 6 months or more to see the results

Robert