HDTenEightyP/NetNews huggingface dataset:
From: rmandel@bu.edu (Richard Mandel)
Newsgroups: misc.invest
Subject: IBM vs DEC
Date: 22 Dec 92 15:17:08 GMT
X-Newsreader: Tin 1.1 PL5

Does anyone have opinions on the relative value of IBM versus DEC.  
Which represents a better value, which is more likely to turn 
profitable first, which stock is more likley to 
appreciate in the next two years?  How do the restructurings 
of the two companies compare?

They were  both leaders in the last business cycle and the previous 
computing environment of bigger machines, both are in the 
process of restructuring and down sizing,  both have taken very large 
hits on their profitability and their (stock) market values and 
both are trying to compete in a disadvantaged environment for them.  

While DEC's stock seems to have bottomed it has reacted a 
little on the downside with the recent masacre of IBM.  They have
both come down around 75% from their highs of the last cycle.  The
predictions for IBM are for continued declines down to perhaps 40.
What about DEC?


-----------------------------------------------------------------------------
Richard Mandel			|	E-mail address: rmandel@acs.bu.edu
Boston Univ. School of Medicine	|	Phone No. 617-638-4512	
Boston, MA 02118		|	Fax No. 617-638-4085
----------------------------------------------------------------------------
Newsgroups: misc.invest
From: brownr@hydra.rtp.dg.com (Randy Brown)
Subject: Re: Mortgage or retirement
Date: Fri, 1 Jan 93 20:37:02 GMT
Distribution: usa
Organization: DG-RTP Graphics Group
Followup-To: misc.invest

In article <leffler@vela>, leffler@vela.acs.oakland.edu (Bob Leffler) writes:
|> shoaf@helix.nih.gov (Susan E. Shoaf) writes:
|> >
|> >What if you want (or need) the money before you can retire?
|> >No flaws, just what if YOU NEED IT NOW!
|> 
|> Well, that really depends on your 401k program.  I can borrow up to 50%
|> of the value of the 401k at 2% higher than the current treasury rate.
|> 
|> For example, I just bought a new car at 6% interest with a 48 month
|> term.  I borrow the money from my 401k.  The nice part about it is that
|> 100% of the interest money is put back into my 401k.  
|> 
|> This means I'm paying myself interest to borrow my money.  This sounds
|> like a win-win to me.

The not-nice part is that lump of 401(k) money is now making only 6%,
vs potential 10-15% returns in good mutual funds, for 4 years.
6% vs 12% would mean you would lose ~$3K in 401(k) earnings over 4 years,
and that is with a $10K loan only.   These numbers are pure back on 
envelope and not even close to reality, I'm sure, but you get the picture.
How much will you save in interest vs a normal loan, and how much
will that missing $3K affect your compounded earnings when you retire?

Difficult question, and the answer is probably how important is it to you
to have the money now vs later.  If anyone else wants to work out the
numbers I'd be very interested, since this question is more complicated
than it looks.

Randy
From: had@Software.Mitel.COM (David Ha)
Newsgroups: misc.invest
Subject: Canadian Securities Course
Date: 23 Dec 92 17:29:39 GMT
Distribution: can
Organization: Mitel. Kanata (Ontario). Canada.


hi, 

I'm interested in taking the Canadian Securities Course (a 
correspondence course) offered by the Canadian Securities 
Institute.  Could someone who took the course fill me in with
the following information:

1. how much is the correspondence course?
2. is it worth while to take the course?
3. there's also a Seminar Series ($131) that complements the 
   course.  It's offered by a local college.  Should I take the 
   Seminar Series as well?
3. any advise regarding these courses.

thanks in advance,
/dave.
Newsgroups: misc.invest
From: stgprao@st.unocal.COM (Richard Ottolini)
Subject: Re: >>>>>> Supercomputer picks for '93
Organization: Unocal Corporation
Date: Tue, 22 Dec 1992 16:19:23 GMT

In article <ssimmons.725030937@convex.convex.com> ssimmons@convex.com (Steve Simmons) writes:
>
>Don't forget Convex!!!! We've dominated the mini-super market and have grown
>into the Cray super business.  Our joint venture with HP has already produced
>a product based on cluster technology (like IBM's) and we are working fast
>and furious on producing a more tightly integrated MPP system using the 
>HP RISC chip.  Obviously, I can't say much more but things are going great!!!

But not what the stock market thinks.  Convex stock used to cycle between
10 and 20 over the last few years like other high tech stocks, but has
stayed below 10 since the Gulf War crash.
Newsgroups: misc.invest
From: ask@cbnews.cb.att.com (Arthur S. Kamlet)
Subject: Stock Symbol quiz
Organization: AT&T Bell Laboratories,  Columbus, Ohio
Distribution: usa
Date: Wed, 30 Dec 1992 05:17:23 GMT

Well,  things were slow so ---  here's an easy quiz.

Several companies on the New York or American Stock Exchange have
one-letter symbols.

I have listed them symbols below and your job, should you choose to
accept it, is to identify the company corresponding to the symbol.

To make it even easier, I've listed the corrsponding companies,
along with several other companies just to make it interesting.
But each of the companies with a one-letter stock symbol is listed.

I don't always use the exact company name or exact financial page
listing, but if you know the name of the company you will have no
trouble matching them up.

For some one-letter symbols I couldn't find any company (e.g., M, Q)
and one (  O  ) is listed to Odetics, Inc, but I could find only
an O.A and O.B  (Odetics Class A/B) and not an O.   "L" is reserved
for Loblaw Companies, which is not listed on either the NYSE or ASE
(but has been listed on the Toronto and other exchanges.)  Since I'm
not working with an electronic database, I could have overlooked
some, and welcome correction if I did.

Anyway the 1-letter symbols are all those except L, M, O and Q.
Please don't post answers, but please feel free to point out any
obvious errors.  Answers are in any stock guide or WSJ etc listings,
or I'll mail answers to anyone really curious.

The companies, matching and others, are:

Alcan
Alcoa Aluminum
Alleghany Corp.
AT&T
Attwoods plc
Bank of America
Barnes Group
Bass
Bethlehem Steel
Boston Edison
Chase Manhattan Bank
Chemical Bank
Consolidated Edison
Chrysler Corporation
Dominion Resources
Disney (Walt)
Dupont
Exxon
Federal Express
Fiat
First Interstate Bancorp
Ford Motor Company
Fredericks of Hollywood
General Motors
Gerber Products
Georgia Pacific
Gillette
Hasbro
Helm Resources
Home Depot
Inco, Ltd.
Jackpot Enterprises
James River
Johnson & Johnson
Kellogg
K-Mart
Korea Fund
Kroger
Pennzoil
Philadelphia Electric
Philip Morris
Phillips Petroleum
Raytheon Company
Reynolds Metals
Rite Aid
Ryder Systems
Safeway
Scott Paper
Sears, Roebuck & Company
Tenneco
Texaco
Toro Company
Transco Energy
United Air Lines
Upjohn Corp.
US Air
US Steel
Vivra Inc
Vornado
Warner Lambert
Westinghouse
Westvaco
Woolworth
Xerox
Zenith Electric
-- 
Art Kamlet  a_s_kamlet@att.com  AT&T Bell Laboratories, Columbus
From: elliott@aero.org (Kenneth B. Elliott III)
Newsgroups: misc.invest
Subject: Bally Gaming (BGII) Ups 'n' Downs
Date: 31 Dec 92 20:10:50
Organization: The Aerospace Corporation, El Segundo, CA
Distribution: misc
NNTP-Posting-Host: solarium.aero.org


My father asked me about the recent rise and fall of Bally Gaming
(BGII), and since I didn't have a clue, I thought I'd ask the
collective wisdom of the net and see if anyone out there had heard
anything.  From the first week of November to the first week of
December, BGII went from 14 1/2 to 18 3/8.  It's now back down below
13.  Is there any reason for this, or did some traders just have an
end-of-year spaz-attack?  Thanks for any help,

KBEIII
--

Ken Elliott III                  The Aerospace Corp.
elliott@aero.org                 Suite 4400
(410) 312-1405                   8840 Stanford Rd.
                                 Columbia, MD  21045
Newsgroups: misc.invest
From: adkins@singha.eng.ohio-state.edu (Kenneth C. Adkins)
Subject: Dividends and Capital Gains in an IRA
Organization: The Ohio State University Dept of Electrical Engineering
Distribution: usa
Date: Thu, 31 Dec 1992 15:15:30 GMT


This recent thread about IRAs has raised a question for me.  If I have
my IRA money in some stock fund that may pay dividends and/or capital
gains distributions, I don't pay any taxes NOW on that income, right?
It is all deferred until I take distribution of the IRA, right?  In
fact any income generated by IRA funds will all be deferred - after
all, that's the benefit of the IRA ...

Now, will someone please say 'right'?

Thanks,
Ken
-- 
                                            ____________
Kenneth C. Adkins                          /           /  
               -------8888888888===========------------ 
adkins@ee.eng.ohio-state.edu               \___________\  
Newsgroups: misc.invest
From: sullivan@brandx.enet.dec.com ()
Subject: Re: Mutual Funds???
Reply-To: sullivan@brandx.enet.dec.com ()
Organization: Digital Equipment Corporation, Maynard, Massawhat?
Date: Tue, 29 Dec 1992 18:38:50 GMT

ditto on Primerica.  They might actually charge 8.5% front-end load.  All the 
books I have read on mutual funds come to the same conclusion - that there is
no advantage of load funds versus no-load funds.  

>>There is a book that you should pick up and read before making any decisions:

>>"How to Pick the Best No-load Mutual Funds for Solid Growth and Safety"

>>by SHELSON JACOBS

>>This is an excellent book and will answer all of your questions.  

>>Don't be hasty.  Research before you invest!

He means Sheldon.  

This is not a totally excellent book, IMHO.  It is excellent in it's 
explanation of the different types of funds available (ie aggressive growth,
growth, growth and income).  I found the book to be somewhat disorganized,
however.  It also didn't go into much detail about how to allocate your assets
to any group of mutual funds.  Thus, I don't think it will answer all your 
questions.

These are some other books that I recommend you look at.

1. A book written by Keith Brouwer.  I have the book (along with Sheldon's,
btw).  I can't remember the title (the cover is yellow).   He provides a very
clear method for evaluating mutual funds and how to allocate your assets. He,
like Sheldon, is lacking when it comes to determining when it is better to
be in one type of fund over another (ie. market timing).  Keith was recently
featured in Kiplinger's (9/92 or 10/92?).  One nice thing about his book is
that if you have any questions, you can send him a letter and he will answer
it.

2. The 100 best mutual funds you can buy, by Williamson(?). I just got this
out of the library.  It has some good questions you should ask yourself before
investing in a mutual fund.  His 100 best funds may or may not be - but it may
be considered good reinforcement if he likes a fund you like.

3. The AAII guide to no load mutual funds.

Also. just go to your library to see what they have on mutual fund investing.
Mine has both general stuff like above as well as the Morningstar rating book. 
Newsgroups: misc.invest
From: england@helix.nih.gov (Mad Vlad)
Subject: Newsletters and such
Followup-To: misc.invest
Organization: Nat'l Inst of Health
Date: Thu, 31 Dec 1992 18:29:20 GMT

Hello Fellow Netters,
        I have a quick question.  I have been solicited by the
publishers of Stephen Leeb's Personal Finance newsletter.  I'm
wondering if anybody in netland has read or subscribed to
this publication.  If so, is it any good?  The claims seems to
be extraordinary!  Does it make the gains in reallife that he
claims in his pitch?  Thanks.

Mad Vlad(displaced synthetic organic chemist and investment junkie)
Newsgroups: misc.invest
From: jfortt@dorsai.com (Joseph Fortt)
Subject: Re: 401k Distribution
Organization: The Dorsai Embassy +1.718.729.5018
X-Newsreader: Tin 1.1 PL4
Date: Fri, 25 Dec 1992 19:12:49 GMT

: In article <22DEC199208292690@lims01.lerc.nasa.gov>, vvsvdoc@lims01.lerc.nasa.gov (MICHAEL SEESE) writes:
: > 
: > Unfortunately, Uncle Sam has figured out a way to stop your friend from 
: > doing exactly what you describe.  Under a new law, if you cash in a 401k    
: > (that is to say, a check actually touches your hands) the government takes 
: > 20 percent and conveniently holds it for you.  (And in fact, I believe you 
: > won't get a check back -- I think they use it as income tax credit).
: > 
Actually he can get the check; it just has to be made payable to the trustee of his new plan (IRA or 401k) and thereby not negotiable by him. There would be
no 20% withholding in this case.

: > You've got to love that government of ours -- taxes us for using OUR OWN 
: > MONEY!
: 
But it did have a purpose: paying for unemployment benefits extensions.
From: jxs18@po.CWRU.Edu (Jerry Sy)
Newsgroups: misc.invest
Subject: what is a non-deductible IRA ?
Date: 31 Dec 1992 13:59:15 GMT
Organization: Case Western Reserve University, Cleveland, OH (USA)
Reply-To: jxs18@po.CWRU.Edu (Jerry Sy)
NNTP-Posting-Host: hela.ins.cwru.edu


I read a previous thread about a NON-DEDUCTIBLE IRA, what is it ?
isn't it that IRA contributions are taken from your gross pay, before
taxes, and all earnings are tax-deferred ?

thanks
jerry

Newsgroups: misc.invest
From: pkedrosk@student.business.uwo.ca (Paul S. Kedrosky)
Subject: Re: SunMicro?
Organization: University of Western Ontario
Date: Wed, 23 Dec 1992 04:17:47 GMT

wouk@alumni.cs.colorado.edu (Arthur Wouk) writes:

> In article <N9F8VB1w165w@student.business.uwo.ca> pkedrosk@student.business.u
> >yoga@peacetime.Corp.Sun.COM (Yogesh Patel) writes:
> >
> >> 
> >> Today, 12/22, SUNW dropped almost one buck on "some" news according to
> >> my quotetool.  I don't know what news is going around.  Can anyone tell?
> >
> >A complete guess but maybe the Novell purchase of USL? I for one would
> >be concerned were I Sun Microsystems.
> 
> 
> very unlikely. what happened was that the quarterly report came in
> with earnings per share of $.05 as opposed to i believe $.27 a year
> ago.

I stand corrected, and I am not as sure as I was this morning that
investors are that concerned about the Novell as Sun's licensing
source. 

On a related note, I would be interested to note what Sun had to say,
if anything, about their depressed earnings. They are a puzzling
company in many ways, I did awfully well by them a few years back and
have become less of a fan over the last little while. I feel as if
their chance to legitimize Unix as the desktop operating system of
choice is quickyl slipping through (has slipped?) their fingers. I
find myself wondering if they're not going to find thesleces in a low
growth niche market as commodity processors based on that toothpaste
processor from Intel and its ilk push into what was exclusively RISC
territory. 

My argument goes something like: when Intel was selling the
'386 as its high end chip -- a (charitably?) 3 MIP machine, Sun was
selling the SPARC (first generation) -- a 15 MIP or so machine. Now that
Intel is selling a 486 soon to be 586 that is around (by all accounts)
50-60 MIPS Sun is selling (maybe about to be selling, I confess to
being more than a little out of date) the SPARC II, a 80-100 MIP chip.
It seems as if the RISC advantege at the leading, bleeding edge has
gone from 5:1 to closer 1.5:1 or maybe 2:1 in performance with a
punishingly worse price/performance and a much smaller application
base.

I throw this out as complete conjecture and am very willing to be
corrected. I used to follow Sun a lot more closely than I do today and
am interested in hearing from those more in the know than I am about what
feelings are about the company these days.

Paul



 __________________________________________________________________________
     Paul S. Kedrosky              __/ "In a certain village in La Mancha,
    pkedrosk@business.uwo.ca      __/ which I do not wish to name, there
   University of Western Ontario __/ lived not long ago a gentleman..."
  (519) 679-2111 x5174          __/
From: coop@sybase.com (John Cooper)
Newsgroups: misc.invest
Subject: Contrarian trading in stocks priced under a dollar
Date: 29 Dec 92 17:28:25 GMT
Reply-To: coop@sybase.com (John Cooper)
Distribution: usa
Organization: Sybase, Inc.

Does anyone know what the performance is for major exchange stocks whose price
has fallen below a dollar?  (I'm not speaking of "penny" stocks, but rather
NYSE, AMEX, and NASDAQ stocks that at one time traded above 5, but for one
reason or another have fallen down to prices like 1/2 or 11/16).

Although I realize that many of these stocks belong to corporations on the
skids, and quite often they eventually go belly up leaving the stockholder
with zip, there are certainly plenty of comeback stories.  It has occurred
to me that a single stock bought at 1/2 which returns to 10 would more than
compensate for the losses, including commissions, for a dozen stocks bought at
1/2 which go to 0 (assuming the same number of shares for all).  But I don't
know how common such stock rises are, or if any net gains from them are
typically short-term enough or large enough to beat the market in general.

What I'm thinking of trying is to buy up, say, 20 dollar fraction stocks of
companies which have a fighting chance of survival (not in bankruptcy, some
cash position, diversity of products or markets), hoping that a few will do
well enough in the next couple of years to greatly offset those that don't make
it.  Has anyone tried or researched this strategy?

I suppose there's some danger of reverse splits causing me to hold odd lots.
At prices under a dollar, though, I'd probably want to buy at least 1000 shares
per company, just because of the commission hit.  I'm assuming reverse splits
of greater than 1 for 10 are unusual enough to be discountable -- is this a
valid premise?

The other item I'd be worried about is thin trading, an attribute of many small
price stocks.  How seriously need I concern myself about it?

Thanks,

--
John Cooper                               | My opinions, may not be employer's.
Sybase, Inc.                              |
                                          | "If you don't like the news go out
sybase!coop@sun.com                       | and make some of your own."
Newsgroups: misc.invest
From: pngai@adobe.com (Phil Ngai)
Subject: Re: AMD - what's your opinion?
Organization: Adobe Systems Incorporated
Date: Mon, 28 Dec 1992 19:03:09 GMT

In article <1992Dec22.000628.23020@unocal.com> stgprao@st.unocal.COM (Richard Ottolini) writes:
>In article <69i6VB1w165w@student.business.uwo.ca> pkedrosk@student.business.uwo.ca (Paul S. Kedrosky) writes:
>>My understanding of AMD's legal woes is that they were prevented
>>from using Intel's microcode in their (AMD's) next generation of
>>Intel-clone microprocessors. More specifically, their next generation
>>is to be a 486-clone so that product has been pushed out until next
>>spring/summer. 
>
>IF it has to run identical micro-code, it sounds more like a reversed
>engineered "copy" than an emulation.  LAZY.

There was a time when Intel desperately wanted the appearance of a
second source because a big potential customer with a TLA insisted on
it. In the big dispute between AMD and Intel over the 386, the
judge/arbitrator said Intel acted in bad faith.

AMD paid Intel good money for access to their microcode. A few years
later, Intel suddenly stated that the microcode was for educational
purposes only and was not supposed to be used in products. AMD was
rather surprised by this claim.

-- 
My opinions are my own.

Newsgroups: misc.invest
From: ssr@siberia.cypress.com (Bapcha/FPGA)
Subject: STOCK PICKING CONTEST.
Originator: ssr@reddog
Organization: Cypress Semiconductor, San Jose, CA
Date: Tue, 22 Dec 1992 20:19:13 GMT


Someone over here was suggesting a stock picking contest - with only "long"
positions allowed - with an initial pool of $50K per person.  I have my
picks ready !  Who is organizing it ?  When does it start ??

Later !


Bapcha



-- 
Bapcha
3901 N.  First Strasse
San Jose,  CA 95134, 408-943-2719
Newsgroups: misc.invest
From: stgprao@st.unocal.COM (Richard Ottolini)
Subject: Re: Supercomputer picks for '93
Organization: Unocal Corporation
Date: Wed, 23 Dec 1992 19:47:58 GMT

In article <MERRITT.92Dec23120259@macro.bu.edu> merritt@macro.bu.edu (Sean Merritt) writes:
>
> Kendall Square Research has had a bumpy ride as an IPO. Started around
> 10 went to 5 1/2 and is currently around 13. KSRC on the NASDAQ.
> There machines are massively parallel and scalable. The have a
> patented technology of "all cache" memory.

KSR was on the "top percentage gainer" charts a couple days ago.
Something like at 18 then.
From: rmandel@bu.edu (Richard Mandel)
Newsgroups: misc.invest
Subject: Re: Anyone familiar with Fidelity Select Telecom fund?
Date: 23 Dec 92 15:14:55 GMT
X-Newsreader: Tin 1.1 PL5

There is also a Fidelity Select Developing Communications.  I don;t know
how the holdings of the two differ exactly but Sel Dev Comm is much more
volatile, so it probably holds shares in companies that Wall Street 
considers to be on the cutting edge, while Sel Telecom probably holds 
more traditional Baby Bells and the like.

Rich  
-----------------------------------------------------------------------------
Richard Mandel			|	E-mail address: rmandel@acs.bu.edu
Boston Univ. School of Medicine	|	Phone No. 617-638-4512	
Boston, MA 02118		|	Fax No. 617-638-4085
----------------------------------------------------------------------------
From: elkordy@acsu.buffalo.edu (Mohamed Elkordy)
Newsgroups: misc.invest
Subject: Windows NT, when is it expected.  Micro soft is selling cheap at $85
Date: 31 Dec 92 19:02:52 GMT
Organization: UB


    Is MSFT a good buy now after the last $7 dropp from about 92 to about
85 ?!!   if windows NT comes out, will we see that stock rally to a $100
and may be more ?!!

elkordy
Newsgroups: misc.invest
From: pngai@adobe.com (Phil Ngai)
Subject: Re: AMD - what's your opinion?
Organization: Adobe Systems Incorporated
Date: Mon, 28 Dec 1992 18:55:47 GMT

In article <69i6VB1w165w@student.business.uwo.ca> pkedrosk@student.business.uwo.ca (Paul S. Kedrosky) writes:
>The good news? I think that spring/summer introduction of a a 486
>clone product is still in lots of time to claim considerable
>market share (assuming its price/performance is more than respectable
>in comparison to Intel) from Intel, like its 386 chips already have.

Have you seen the kind of money Intel is investing in fabs?  Intel has
so much money to burn they are paying a dividend!  Have you ever seen a
chip company pay dividends?

If Intel charges a high price for it's products, it isn't because they
have to. Intel can afford to buy the best fabs in the world and thus
use the smallest processes, which means their die can be smaller and
their cost per die lower. They can lower the price they charge with the
stroke of a pen.

Can AMD really expect to have any kind of technical advantage over Intel?

>They are also in position, accoring to a recent Business Week article,
>to ship two more generations of Intel clone chips in rapid succession,
>perhaps even leap-frogging Intel which presents some interesting
>possibilities.

Is this consistent with the company's track record?

-- 
My opinions are my own.
From: ojvind@chagall.cns.caltech.edu (Ojvind Bernander)
Newsgroups: misc.invest
Subject: Re: Contrarian trading in stocks priced
Date: 3 Jan 1993 02:13:38 GMT
Organization: California Institute of Technology
NNTP-Posting-Host: chagall.cns.caltech.edu

>|Does anyone know what the performance is for major exchange stocks whose price
>|has fallen below a dollar?  (I'm not speaking of "penny" stocks, but rather
>|NYSE, AMEX, and NASDAQ stocks that at one time traded above 5, but for one
>|reason or another have fallen down to prices like 1/2 or 11/16).

For the fun of it I randomly picked 16 stocks from the NASDAQ listings that
had been below $1 during the last year.  Several had bounced back to $2
and one all the way up to $4.  I asked the question:  What if I buy when
it dips below $1, how well would I do?  Well, the average price today
of these 16 stocks was $17, so the profit was meager.  Note that bancrupt
stocks would not have shown up in the listings, so I might have done worse.
Of course, you might still investigate the effect of volatility.

-- Ojvind
Newsgroups: misc.invest