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WTMHouston

05/25/05 4:09 AM

#15968 RE: DonCarlson #15967

I don't think that beta by itself will lead me to AIMable stock choices. I know far better than to think that any one thing will. But, that said, it is a factor, in volatility it seems, which is a factor, though admittedly not the only one or even the most significant one.

If it is a factor, as it seems it is, I simply want to fully and accurately understand it and be able to compare apples to apples.

OldAIMGuy

05/25/05 8:46 AM

#15973 RE: DonCarlson #15967

Hi Don, Re: Beta.........
I appreciate your input. While I do view BETA as an item I consider when picking a stock, it's not the first item. Lots of money has been made by investors in 1.00 BETA stocks.

I use it to help select between two candidates of equal strength and quality in the same business sector. A higher BETA might give the AIM investor a more active trading vehicle for volatility capture.

What I wouldn't do is screen for only high BETA stocks. That would tell us nothing about the quality of the companies.

Best regards, Tom