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Re: Toofuzzy post# 3410

Sunday, 06/23/2002 8:56:34 AM

Sunday, June 23, 2002 8:56:34 AM

Post# of 48418
Hi TooFuzzy,
I don't often respond here as there are too many Technical and Fundamental Analysts here to suit my taste. I like to think of this as aan AIM thread. There are also quite a few mathematicians. As I read Mr. Lichello's book, AIM makes all of the above quite unnecessary.
You wrote:I have been following a company called Astropower (APWR) for a few years now waiting for the stock price,my cash, and the stars to align before investing.
Those methods also are not necessary with AIM.
After reading your post I went to msn.com and looked at a chart for APWR. It struck me as having been a perfect AIM candidate over the previous two year period of time. I assumed from your post that a couple of years meant two.
I exported the data from the MSN chart, opened the AIM Bares spread sheet and entered the 24 monthly closing prices on APWR from June 2, 2000 to June 2, 2002. Total time spent about 15 minutes.
Here's what I came up with:
Starting Investment $10,000
Starting Stock Value $6,700
Starting Cash Value $3,300
Ending stock Value $7,136
Ending Cash Value $5,778
Ending Portfolio Value $12,914
You would have started with 371 shares of APWR and have 364 shares today. If you send me your e-mail address I would be happy to send you a copy of the Spreadsheet.
This looks to me like a 29.14% gain on the initial investment. Last time I looked the S&P500 index was down over 20% during this time period. This means that APWR and AIM outperformed the S&P by close to 50%.
I don't know what it is that you looking for. If you went along with the gentleman with the triangles etc, you could sell all of the stock, pay your capital gains tax and be way ahead of all the people who seem to be out of cash and looking for ways to make AIM better, or you could continue using AIM and buy lots of shares with cash reserve that AIM would have given you.
Happy AIMing!
Bernie


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