HDTenEightyP/NetNews huggingface dataset:
From: nataraja@rtsg.mot.com (Kumaravel Natarajan)
Subject: Foreign Currency accounts
Organization: Motorola Inc., Cellular Infrastructure Group
Distribution: usa
Date: Thu, 21 Jan 1993 16:59:52 GMT

How does one go about setting up a foreign currency account?

-Can you go through a local bank, do only larger banks do it?

-Can you go through a full-service/discount broker?

-What are the advantages/disadvantages of the above 2 options?

-When you buy (for example British pounds) and open up a
 foreign currency account, do you get the interest rates that
 is currently being paid in that country?

-What kind of taxes/fees/disincentives are there when you do
 this?  (Do you pay taxes for the country you got it from, do
 you pay a special tax in the US for having the account, etc.)

If these questions are too pedantic, could someone please point
me to some literature to enlighten me on the subject?  Thanks.

Vel
-- 
-------------------------------------------------------------------------
Vel Natarajan                    Motorola, Inc.
nataraja@rtsg.mot.com            Cellular Infrastructure Group
                                 Arlington Heights, IL
Newsgroups: misc.invest
From: sood@mercury.ral.rpi.edu (Deepak Sood)
Subject: Regal Communications
Organization: Rensselaer Polytechnic Institute, Troy NY
Distribution: usa
Date: Mon, 25 Jan 1993 18:08:03 GMT

       Does anybody have any information about Regal Communications.
Apparently these are the people who developed infomercials for Perot.
It seems like they now have new contracts with Chrysler, and such big
firms. Recent issues of Business Week quoted this company as a
recommendattion from the manager of Fidelity Low Priced stock fund
(apparently they own 6% of the stock). I believe because of this news
the stock climed more than 25% yesterday to 5 1/4. Any news will be
appreciated.
Newsgroups: misc.invest
From: sunil@cs.columbia.edu (sunil ramchandani)
Subject: Re: What's up with SUNW?
Organization: Columbia University Department of Computer Science
Date: Wed, 27 Jan 1993 17:35:07 GMT

In article <1k5onlINN7b5@almaak.usc.edu> ajayshah@almaak.usc.edu (Ajay Shah) writes:
>After a long period of stable prices, Sun has been inching up steadily
>for the last 1.5 months or so (?).  What is the new information?
>
>- Classic selling very well?
>- Vikings shipping in qty shoring up the money scene?
>- Clones reveal good health in SPARC market?
>- WNT showing feet of clay?
>

Disillusioned by IBM, the large instituional investors
may have switched to Sun Micro. as the alternative
computer manufacturer with a monopoly in it's class.
A kind of safe assurance for future growth. 


>        -ans.
>-- 
>Ajay Shah, (213)749-8133, ajayshah@rcf.usc.edu


sunil ramchandani
(sunil@cs.columbia.edu  OR  sunil@fnma.com)
From: dickson@micro.caltech.edu (Jeff Dickson)
Newsgroups: misc.invest
Subject: Re: Looking for a discount broker for Canadian stocks
Date: 25 Jan 93 05:39:34 GMT
Organization: California Institute of Technology, Pasadena
NNTP-Posting-Host: asterope.micro.caltech.edu

bobk@gibdo.engr.washington.edu (Bob) writes:

>  I'm looking for a reliable discount broker with low rates for
>  buying and selling Canadian stocks on the Vancouver and Toronto
>  exchanges -- preferably, but not necessarily, with a branch office
>  in the Seattle area.

>  I know there are some small brokers with questionable reliability
>  associated with the Vancouver penny-stock market, so I would prefer
>  to deal with a large, well-known, reputable firm.
>  ==

>  Bob (bobk@gibdo.engr.washington.edu)          Seattle, Washington

If you want to go with a Canadian brokerage house, 
check out Marathon Brokerage.  Their rates are low for Canadian Stocks,
and very competitive for US stocks too (generally as good as most US
discounters).  They have a 24hr toll-free US number, and you can
get Canadian or US dollar accounts.

        US Toll Free:   1-800-333-3153

        Marathon Brokerage
        The Exchange Tower
        2 First Canadian Place
        Suite 3160
        P.O. Box 41
        Toronto, Ontario
        M5X 1K1

They have offices in Vancouver and Victoria.  Vancouver is:

        Commerce Place, 400 Burrard Street, Suite 2001, 
        Vancouver BC, V6C 3A6.

Another one to look into is Toronto Dominion Green Line.  I've never
used them, but they have great rates too.  They just added access to 
a lot of foreign markets.


Jeff dickson@micro.caltech.edu

Newsgroups: misc.invest
From: rlm@sunlight.physics.uiowa.edu (Robert Mutel)
Subject:  Investment jive talk
Keywords: Buzz words
Reply-To: rlm@sunlight.physics.uiowa.edu
Organization: University if Iowa
Date: Tue, 26 Jan 1993 00:48:18 GMT

Forthe neophyte investors among us (e.g. yours truly) could someone post a small glossary of commonly
used investment slang? For example, short, long, bottom-feeding,...



Newsgroups: misc.invest
From: bohnert@leland.Stanford.EDU (matthew bohnert)
Subject: Re: YOUR stock picks
Organization: DSG, Stanford University, CA 94305, USA
Date: Tue, 26 Jan 93 04:32:55 GMT

PharmChem Labs .... OTC-PCHM

Failure Group  .... OTC-FAIL


Matt Bohnert                 | Ron : Nice to meet you too... your name is?
Building 500, Room 501B      |		
Stanford University          | Don : This is Samuel Pierce, Mr. President.
Stanford, CA    94035        |	     You appointed him to be Secretary of
415.723.4490                 |       Housing & Urban Development.
bohnert@leland.stanford.edu  | 
			     |   - Overheard in Rose Garden Party, c. 1984
From: clong@remus.rutgers.edu (Chris Long)
Newsgroups: misc.invest
Subject: IBM
Date: 26 Jan 93 06:49:51 GMT
Organization: Rutgers Univ., New Brunswick, N.J.


IBM went up to 48&7/8 the day before the dividend announcement, so I'm
taking this to be a good sign.  We'll really know how things stand as
of Tuesday night.
-- 
Chris Long, 265 Old York Rd., Bridgewater, NJ 08807-2618

Score: 0, Diff: 1, clong killed by a Harvard Math Team on  1
Newsgroups: misc.invest
From: wouk@alumni.cs.colorado.edu (Arthur Wouk)
Subject: Re: NASDAQ brokers: Can they cheat on orders?
Keywords: NASDAQ
Organization: University of Colorado, Boulder
Date: Sat, 23 Jan 1993 23:43:13 GMT

In article <1993Jan23.153309.1854@murdoch.acc.Virginia.EDU> rvp2f@Virginia.EDU (Prasad  Polamraju) writes:
>Can a broker on a NASDAQ system cheat on a market/other orders? 
>I have a full  service brokerage
>account with a NASDAQ broker/market maker specializing in stocks
>priced $5 or below. This week he called me to ask my permission to sell a
>stock which has moved up by about 40% on 1000% increased volume. The day
>after he confirmed the sale, the stock moved up by another 40%. Is there 
>a possibility or chance for  cheating by NASDAQ brokers? Any insights and info 
>will be appreciated.

they train in a school where the first lesson is stealing hubcaps.
tj=he second is slashing tires.

they were caught by the fbi last year doing a number of unsavory
things on the trading floor.

when the going gets tough they turn off their phones (Oct 1987, for
one time. and no one was even given a reprimand for that one.)


-- 
arthur wouk 
internet: wouk@alumni.cs.colorado.edu
From: chan@canada.NoSubdomain.NoDomain
Newsgroups: misc.invest
Subject: RE:Sequoia
Date: 26 Jan 93 18:00:35 GMT
Followup-To: kimf@amaryllis.EBay.Sun.COM (Kim Foster)

If this is the same company Sequoia Systems based in Marlboro, MA, they have a 
big loss in the last quarter.  They make fault tolerant computers.  However, they
lost a major contract, and cut their work size.  As a matter of fact, my
friend was laid off by Sequoia a few months ago.  I have no recent data about the
company.
From: ja@forsyth.wsnc.org
Newsgroups: misc.invest
Subject: Conner Peripherals
Date: 21 Jan 93 09:49:43 EST
Organization: Forsyth County, Winston-Salem  NC

Conner Peripherals closed Wednesday 1/20/93 up 3 to approx. 23.  The 
company has a low p/e and has been mentioned in Value Line.

Does anyone follow this company/stock ?
From: tony2@prefect.cc.bellcore.com (gozdz,antoni s)
Newsgroups: misc.invest
Subject: Re: Quicken vs. Manage your Money
Date: 24 Jan 93 19:35:26 GMT
Distribution: na
Organization: Bellcore, Livingston, NJ

In article <C1DBw4.1K6@polstra.uucp> larryba@polstra.uucp (Larry Barello) writes:
>>In article <1993Jan22.173752.16323@ee.gatech.edu> austin@eecom.gatech.edu (Mark D. Austin) writes:
>>>I was wondering if someone could suggest which package would be 
>>>better for home finances, including tracking my investments,
>>>check writing etc. 
>
>You might want to consider Microsoft Money as long as tracking investments
>is not high on you priority list.  It doesn't handle investments at all 
>without some major fooling around.  However, it does handle checking and
>other money managemnt stuff just fine and it is very easy to use.  I have
>been trying to use Quicken for Windows version 2.0 and gave up.  I limit
>it to calculating my investment performance - and that is suspect now 
>given the recent news traffic...
>
>Cheers!
>-- 
>Larry Barello			uunet!polstra!larryba

You might also check some freeware or shareware
programs on the oakland server (a mirror site of
SIMTEL-20 (ftp 141.210.10.117); a listing follows:

amort11d.zip    cgzex31a.zip    econ.zip 	mkmst431.zip    sprm24.zip
amortz13.zip    cgzlb31a.zip    ecs11b.zip 	modfin91.zip    st-bgt17.zip
bam351.zip      cgzpr31a.zip    ezloan20.zip 	mortcal2.zip    walst535.zip
bondcalc.zip    chekfree.arc    fads2.zip 	pca71.arc       xchk23.zip
capgains.arc    cio11.zip       finan10.zip 	pcheck22.zip
cashfl15.zip    ckmstr31.zip    heatloss.zip 	pfroi24.zip
cgzdc31a.zip    consol21.zip    int201.zip 	rsa303h.zip
cgzdm31a.zip    ddmtg.zip       mfswap12.arc 	sa251a.zip

I like pfroi24 in particular. However, I'm not sure why
the return-on-investment values it calculates for
>1 period are still 2X greater than the real number...
Does anybody here in this newsgroup have experience
with v.2.4 or the newer versions (4.0, 5.0)? Are they
worth the money ($29)?

Tony
tony2@cc.bellcore.com
Newsgroups: misc.invest
From: jli@bingham.utah.edu (Jianliang Li)
Subject: Re: how good is investor business daily ?
Organization: University of Utah
Distribution: usa
Date: Tue, 26 Jan 93 04:35:19 GMT

In article <1993Jan26.005818.28581@porthos.cc.bellcore.com> tony2@prefect.cc.bellcore.com (gozdz,antoni s) writes:
>In article <1993Jan25.154243.63176@cc.usu.edu> fajack@cc.usu.edu writes:
>>	Anyone out there subscribe to the Investor Business Daily ?  How is it
>>compare to the Wall Street Journal ?  
>>	I have access to the Wall Street Journal, and thinking maybe one
>>additional source of information may help.
>>
>>	Any information is appreciated.  
>>
>>Jack Teh
>>
>
>Gee, excuse my asking, but wouldn't it be simpler to go to a
>nearby store and buy it (unless stores in Utah don't carry it)?
>
>Tony
>tony2@cc.bellcore.com


	Frankly speaking, I have never seen IBD.  On street sidewalks,
	there are only USA Today, WSJ, NYT and a couple of mormon papers.
	It should be available in public library but I never ask.

	In Utah, there are only three important things: #1-Mormon, #2-Ski
	and #3-Utah Jazz (NBA).  Utah Jazz will never become #1 either in
	Utah or in NBA.


	JLi, Salt Lake City

********************************************************************************
			      JLI@MINES.UTAH.EDU
--------------------------------------------------------------------------------
     Playing mutual funds and stocks is like going to Las Vegas everyday!!!
--------------------------------------------------------------------------------
		         Jianliang LI   (801) 585-5411
********************************************************************************



Newsgroups: misc.invest
From: etpeters@dal.mobil.com (E. T. Peterson(Eric))
Subject: Re: Covered Calls:  Less Risk - High Returns.
Organization: Mobil Exploration & Producing Technical Center(MEPTEC), Dallas. 
Distribution: usa
Date: Thu, 21 Jan 1993 21:57:36 GMT

In article <21JAN199313432567@csa2.lbl.gov>, schindler@csa2.lbl.gov (AARON SCHINDLER) writes:
|> (E. T. Peterson(Eric)) writes...
|> 
|> >However, mutual funds that use this technique usually do not perform as well
|> >as "regular" mutual funds. Why?
|> 
|> Eric, please excuse my audacity. But I have learned not to believe everything
|> I read.  Could you cite the source of the information that mutual funds that
|> sell covered calls don't perform as well?  I find it an interesting fact.

It was an article in Mutual Fund Forecaster a couple years ago. I'll look
through my back issues for it. I think they compared covered-call funds vs.
growth and income funds during a period when the market rose moderately.

Of course the covered-call funds would probably do better in a bear market.

*********************************************************************
Eric Peterson                  The sooner you fall behind,
Research Geophysicist          the more time you'll have to catch up!
(214) 951-3251
etpeters@dal.mobil.com
*********************************************************************
From: rlcarr@animato.network23.com (Rich Carreiro)
Newsgroups: misc.invest
Subject: Re: Closing Options Trading...
Distribution: usa
X-NewsSoftware: GRn 1.16f (10.17.92) by Mike Schwartz & Michael B. Smith
Date: 27 Jan 93 09:23:05 EST
Organization: The Other Side of Life

In article <1993Jan25.213505.9172@head-cfa.harvard.edu> ov@head-cfa.harvard.edu (Olaf Vancura) writes:
> I have a couple of questions regarding options trading.  Here's an
> example.  Let's say a buy an option to call XYZ corp. for $40; I own no
> shares of XYZ.  At some later time, XYZ is $50 a share.  I wish to "close" 
> the deal, i.e.  take my profits and bail out.  Now I understand that I 
> could just exercise the option to buy at $40, and sell the shares at $50.  

No need to exercise.  Just call your broker and tell him you are selling
your options to close your position.  That's it!

If you exercise, you'll get bit for 2 commissions (buying the stock, then
selling it).  Sell the options, and you only get bit once.

-- 
Rich Carreiro                                  Home: (401)841-8514
rlcarr@animato.network23.com
uunet.uu.net!animato!rlcarr
Newsgroups: misc.invest
From: bair@cbnewsb.cb.att.com (matthew.a.bair)
Subject: Is there a FAQ?
Organization: AT&T
Distribution: usa
Date: Wed, 27 Jan 1993 19:00:28 GMT


I was wondering if there is a FAQ available for this news group?

Thanks,
Matthew Bair
AT&T Bell Labs
(708)979-3170
bair@ihlpm.att.com
From: schindler@csa2.lbl.gov (AARON SCHINDLER)
Newsgroups: misc.invest
Subject: Re: Covered Calls:  Less Risk - High Returns.
Date: 21 Jan 1993 13:59 PST
Organization: Lawrence Berkeley Laboratory - Berkeley, CA, USA
Distribution: usa
NNTP-Posting-Host: 128.3.254.197
Summary: covered puts
Keywords: puts
News-Software: VAX/VMS VNEWS 1.41    

(Ted Jordan) writes...

>Is there the same kind of thing for PUTS?  (Is there such a thing; rather
>is it called a "covered put", and do you have an example of this scenario?
> 
>tj

A covered put is a put sold against an underlying short position.  

Example:
I short 100 shares of IBM at 48.  As is, I will profit $100 for each point the
stock price drops and lose $100 for each point the stock price rises.

I could sell/write an IBM 45 put for say $200.  Then, I have given myself 2 
points of downside protection in case the stock rises, but I have forfeited
any gains if the stock price drops below 45.

|=======================================================================|
| Aaron Schindler                                Schindler@csa.lbl.gov  |
|                                                                       |
| There are two times in a man's life when he should not speculate:     |
| when he can't afford it, and when he can.        --Mark Twain         |
|=======================================================================|
From: dah@cveng121.veheng.det (Dewane A. Hall)
Newsgroups: misc.invest
Subject: New to the Group
Date: 28 Jan 93 18:47:58 GMT
Reply-To: dah@cveng121.veheng.det
Organization: Sun Microsystems, Inc.

I am in the process of enrolling into my
company's savings-stock purchase program.
Where should I invest most of my money?

	1. U.S. Savings Bonds
	2. Diversified Government Securities
	3. Income Fund
	4. Equity Index Fund

---------------------------------------
The time to invest in the future was yesterday.
From: robs@informix.com (Robert Schneider)
Newsgroups: misc.invest
Subject: IRA & Annuity
Date: 26 Jan 93 19:06:10 GMT
Distribution: usa
Organization: Informix Software, Inc.
Originator: robs@puma

Hello all -

You are only allowed to contribute $2000 to an IRA in a year,
whether it is deductible or not.  My question is, on top of
the $2K, can I also open an annuity, and have it grow tax-deferred
as well, or will I have to pay tax on the annual gains of the 
annuity and/or IRA?   

Thanks,

Rob
From: flicek@eb5ts4.EBay.Sun.COM (Dave Flicek)
Newsgroups: misc.invest
Subject: Vanguard Annuity...
Date: 25 Jan 1993 22:45:22 GMT
Organization: Sun Microsystems, Inc.  Mt. View, Ca.
Distribution: usa
Reply-To: flicek@eb5ts4.EBay.Sun.COM (Dave Flicek)
NNTP-Posting-Host: eb5ts4.ebay.sun.com

I haven't received too much back in response to Vanguard Annuity
so I'll try again.  What are peoples opinions on this annuity?
Good or bad....

This is what I've received so far from netters.

Thanks!

Dave


I don't use it myself, but I've read that Vanguard's variable annuity
program is the only way to go. The expenses are about 1/2 insurance Co.
annuities (1% vs ~2%) and there are no surrender charges or other such 
silliness.



After looking at the prospectus and advertising literature,
the low annual fee and the fact that there are no
early withdrawal penalties make the Vanguard annuity look
real good. It's hard to tell, of course, what the return 
would be like, since the funds haven't been operating that long.

As far as tax deferral, I've been thinking about EE bonds
to get the tax deferral (up to $15,000/year) without tying the 
money up in something as long term as an annuity. 
Basically, I don't trust insurance companies.
They're simply not regulated as thoroughly as other
SEC-regulated investment entities. 

Without knowing too much about annuities, Vanguard looks like
the best around
From: kmcintyr@boi.hp.com (Kevin McIntyre)
Newsgroups: misc.invest
Subject: Re: YOUR stock picks
Date: 26 Jan 93 17:11:24 GMT
Organization: Hewlett-Packard / Boise, Idaho
X-Newsreader: TIN [version 1.1.4 PL6]


Here are mine...

I own...
Convex (CNX)  Still a good buy in my book...
Conner Perip. (CNR)  You're probably too late on this one...
Inteligent Electronics (INEL)  Could go higher now that they sold Bizmart...
Costco (COST)  A play in my book...
Boeing (BA)  Long term a great outlook ala IBM which I don't own...

Others I'm watching...
Maxtor (MXTR) Could do well and was just beaten down...
Micron (MU)  Based in Boise (where I live) and is too high for me right now...
Albertsons (ABS) Ditto MU comments...
IBM (IBM)  If I could afford it and wait 2 years!!!!


******************************************************
Kevin McIntyre
e-mail: kmcintyr@hpdmd48.boi.hp.com

These are my opinions only and don't mean anything
to anyone else...
******************************************************
Newsgroups: misc.invest
From: berryman@cub.math.oxy.edu. (Ryan Dean Berryman)
Subject: Re: Exponential fade?
Reply-To: berryman@cub.math.oxy.edu
Organization: Occidental College, Los Angeles, CA.  USA
Distribution: usa
Date: Fri, 22 Jan 1993 18:57:45 GMT

In article <1993Jan15.193056.29289@mobil.com> etpeters@dal.mobil.com (E. T.  
Peterson(Eric)) writes:

> I beg to differ.  For example, the equation
> 
>              y = exp(-x)
> 
> "fades" from y=1 (at x=0) to y=0 (as x goes to infinity).  This curve is  
called
> "exponential decay", and it is a very slow decay (not fast as you say).
> 
> By the way, what's a "write curve"?  :-)
> 


an exponential relation says nothing about the speed of the function--- it is  
the speed in which the function converges to certain values. (ie O(exp(x) ---  
Big O notation )
-ryan
Newsgroups: misc.invest
From: rs69@cunixb.cc.columbia.edu (Rong Shen)
Subject: The Elliott Wave analysis
Organization: Columbia University
Date: Fri, 22 Jan 1993 20:06:42 GMT

Hi:

	I have a simple questions. What is the Elliott Wave analysis?
Is it related to technical or fundamental analysis?

	Thanks for any hints.

Rong
--
rs69@cunixb.cc.columbia.edu
From: paul@cs.tu-berlin.de (Paul Boehm)
Newsgroups: misc.invest
Subject: Re: Seagate Technology Inc. (SGAT)
Date: 22 Jan 1993 19:02:47 GMT
Organization: Technical University of Berlin, Germany
Distribution: usa
Reply-To: paul@cs.tu-berlin.de
NNTP-Posting-Host: hektor.cs.tu-berlin.de

johna@psdcae1.gvg.tek.com (John Abt) writes:

>But at least one of them (probably several) will likely rebound 
>soon. PCs are being shipped more and more these days with higher 
>capacity drives. And when windows NT hits the street (with its 50 mb 
>disk requirement), things could get interesting. I've got my eye on 
>Maxtor. It was down in the 10s a few days ago - and is now moving back up.

Despite all the sell-recommendations by analysts this seems to be a good place 
to invest. Stocks in this segment should double within a very short time
if the margins on disk-drives do not deteriorate. Growth-rates are fantastic
and PEs incredible low. 

IMO, I would not buy shares of just one company. A better strategy is buy them
all (Quantum, Conner, Seagate, Maxtor) in more or less equal chunks.

P. Boehm
From: merrill@stein.u.washington.edu (Gregory Merrill)
Newsgroups: misc.invest
Subject: Re: Gold and Silver Mines stocks
Date: 21 Jan 1993 21:26:18 GMT
Organization: University of Washington
NNTP-Posting-Host: stein.u.washington.edu

ljain@us.oracle.com (Lav Kamal Jain) writes:

>Hi!

>I am interested in investing some money in Gold and Silver mines stocks.
>I believe that these stocks must be quite low looking at the metal futures
>prices. Where can I get a list of such companies whose stocks are traded
>publicly?

>Thanks,

>Lav Kamal Jain
>ljain@us.oracle.com

The best way would be to look at Value line, they group the stocks by industry
groups, and gold/silver stocks are one of them.  I to am looking at 
a gold stock, but not now, the dollar is rising against other currencies
right now, and this tends to make an ounce of gold produced in America
more expensive than a bar of gold produced, say, in Australia or S. Africa, 
thus dropping the price.  Look now, and be ready :) 
 
Greg

Newsgroups: misc.invest
From: gs38@cunixf.cc.columbia.edu (Gopalakrishnan Subramaniam)
Subject: Invesco and 12b-1 fees
Organization: Columbia University
Distribution: usa
Date: Thu, 28 Jan 1993 02:43:28 GMT

Roitman writes Invesco-financial funds charge 12b-1 fees.

The fact is most of Invesco-financial funds DO NOT charge 12b-1 fees.

Those which DO NOT charge 12b-1 fees include all the 10 sector funds,
flex fund, equity fund, international growth fund, money market fund, etc.

Industrial income fund charges a 0.25% 12b-1 fees, but thier total expense
is still 1.0% !!

Note: If Roitman is right, I am wrong! If you are bothered about 12b-1 fees
please verify the accuracy of my information.
Newsgroups: misc.invest
From: pag@aurora.hao.ucar.edu (Peter Gross)
Subject: Re: Short Squeeze on Federated Dept. Stores
Organization: Malco Partners
Distribution: usa
Date: Sun, 24 Jan 1993 03:02:07 GMT

In article <C18K61.IqA@cs.uiuc.edu> watanabe@cs.uiuc.edu (Larry Watanabe) writes:
[stuff deleted]
>Unfortunately, you cannot short a stock under $5.

Sorry, Larry, your broker is feeding you BS.  There is no rule against shorting
a stock under $5.
--
--peter gross
pag@scg.boulder.co.us
(303)-447-1374
Newsgroups: misc.invest