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bernieg

07/30/03 10:48 AM

#8913 RE: OldAIMGuy #8912

Hi Tom,
People sure do strange things.
I was just going over my HR investment. It is surely one of the great joys of AIM to observe how a 30K investment grows into 37K of stock plus 18K of cash in a relatively short period of time. This has been acccomplished without including the wonderful dividends that are being paid by HR. We use those for spending money. The growth of this stock has been about 23% annually.
I keep asking myself what it is going to take to make people start not liking HR enough to make the price drop for more than a week.
The chart for HR has been absolutely beautiful since March of '99 when I first purchased it. I had no intention of AIMing it. I was just thinking of getting some income to help with expenses. Towards the end of the year (1999) it dropped significantly and I succumbed to temptation and increased my holdings by about 17%. This was also when I decided to start AIMing the position. How glad I am to have made that decision.
Bernie
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ljk

07/30/03 11:03 AM

#8914 RE: OldAIMGuy #8912

Tom: AIM had me buy more GNSS today. I bought at 11.3 and 10.63. The reaction to the earnings seems way overdone to me.

I'm not telling you what to do, because the IW is a strong, important, indicator, and I don't think it should be ignored. It's nowhere near where it was before and during the bear market, though, right?

I'll post something on LOUD later on.

Do you think we should find another ACG in view of their outlook being for decreasing dividends, or do you think that's what we'll find everywhere?

Linda