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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 (4462)	4/10/1998 6:16:00 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 18928

It was about 6 months ago that I decided to invest in Ascend Communications (ASND). It was way off its previous high and was suffering from a poor quarterly report. I thought it would be good to review the performance to date and to show what AIM as done for me so far. The initial purchase was 1500 shares at $32-1/8. That price was less than 1/2 the previous high. Here's the list of buys: Bought 1500 @ $32-1/8 bought 100 @ $27-1/2 bought 100 @ $26-7/8 bought 300 @ $23-1/8 bought 100 @ $23-3/4 Intermingled with these buys were some sells: Shares Sold LIFO Gain FIFO Gain 100 @ $32 34.7% -1% 100 @ $32-5/8 41.0% 1.6% 100 @ $34-1/2 49.2% 7.4% 100 @ $36-1/2 57.8% 13.6% 100 @ $38-7/8 44.6% 21.0% 100 @ $41-9/16 51.1% 29.4% After all that activity, I still have 1500 shares, my cash reserve is still 33% of the total, and the overall account is up 29% (and so is the stock price!). So, I've achieved what the Buy&Hold investor would have, but with much less average risk for the period. The cash reserve started at about $24,000 and it ended at $31,000. Along the way, it fell to as low as $11,700. So AIM managed to make good use of the initial cash reserve and has kept pace all along the way. The graphs of this activity will be at the AIM stock example page. execpc.com Best regards, Tom