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


To: SAM who wrote (7289)4/18/1999 1:30:00 AM
From: RFH  Respond to of 18928
 
Sam, I can't remember the exact messages, but about a month ago it was pointed out that you are better off with AIM candidates when they actually go DOWN in price initially, and then zoom you up when you are holding more shares. That has certainly been my experience. If you have the time, compare the performances and Newport graphs of two very exemplary stocks in my AIM portfolio:
elnet.com
elnet.com
Wendy's (WEN) just started going up after I made my initial buy, and Indosat (IIT) really tanked after I bought it, but came back big time in recent months. (Make sure you click on the stock symbols to check out the Newport graphs while you are there!) With a similar 10K investment in each, my profit in IIT is over 14K, while WEN is only about 4K. There is only a 9-month difference in holding period, having held IIT longer.

Sincerely,
RFH