HDTenEightyP/NetNews huggingface dataset:
From: pvonk@scott.skidmore.edu (Pierre VonKaenel)
Newsgroups: misc.invest
Subject: Re:  Effects of the U.S. Debt
Date: 4 Oct 92 15:40:44 GMT
Article-I.D.: scott.1992Oct4.154044.18764
Organization: Skidmore College, Saratoga Springs NY, 12866

In article <1992Oct2.052830.3539@cs.sfu.ca> mcdonald@cs.sfu.ca (Ken Mcdonald) writes:
>
>
>Personally, I favour a really agressive inheritance tax.  The first
>$200,000 tax-free, the next $300,000 taxed at 20%, the next $500,000
>at 35%, and so forth.  Anything over $10,000,000 to be taxed at
>90-95%.  The children of the wealthy will still be able to lead
>comfortable lives on the money they inherit, the danger of an inherited

There are people with lots of money "on paper" who are actually poor!
Take the family farm.  A farmer may be sitting on $600,000 worth of
land, but his income is relatively poor (farm returns, in grain
farming, are about 2-4% - we won't talk about the chances of a crop
kill).  If the kids want to continue after the old man passes away, a
tax could wipe them out - forcing them to sell part of the land, and
what's left isn't worth the farming expenses.  As long as the land is
kept, they aren't "rich".  It only looks that way on paper.

>aristocracy will largely disappear, and the proceeds would make a nice
>dent in the federal debt.
>

I can see it now...  Senator I. Wannaspend has a choice... use this
source of gov't income to pay back the debt, or bring up some federal
spending bill that brings $$ into his state.  Let's see,  which one,
which one....

>Well, just dreaming, I guess . . .
>

Reality can be harsh!  Dreams are nice to have :-)

-- 
Pierre von Kaenel	| Skidmore College	     | pvonk@skidmore.edu
Math & CS Dept.		| Saratoga Springs, NY 12866 | (518)584-5000 Ext 2391

[.... old sig has been retired.  New sig isn't ready yet. ]
Newsgroups: misc.invest
From: steinman@is.morgan.com (Jan Steinman)
Subject: WANT: Swiss Franc exchange data
Organization: Morgan Stanley & Company
Distribution: usa
Date: Tue, 6 Oct 1992 16:41:48 GMT

I'm looking for good sources of ongoing and historical exchange rate
data for Swiss francs vs US dollars.

I will be moving to Switzerland soon, and will be paid in francs.
However, most of my bills will be in dollars, so I will be exchanging
money on a continuing basis. Also, I will eventually return, and so
will need to develop a strategy for moving my savings into dollars.

Any advice is appreciated!

--
: : Jan Steinman	     bytesmiths@aol.com			 Bytesmiths : :
: : 2002 Parkside Court				   West Linn, OR 97068-2767 : :
: : 503/657-7703					       212/956-8722 : :
Newsgroups: misc.invest,misc.taxes
From: stgprao@st.unocal.COM (Richard Ottolini)
Subject: Re: FAQ -- Wash Sale Rule
Organization: Unocal Corporation
Date: Tue, 6 Oct 1992 16:50:18 GMT

I think this was perhaps to avoid dividend plays- sell just before a dividend
and rebuy the lower price soon after.  More applicable to mutual funds than
straight stocks.  Mutual funds lower their price by the dividend declared.
From: rauchfuss@hpfcso.FC.HP.COM (Brian Rauchfuss)
Date: Mon, 28 Sep 1992 15:08:17 GMT
Subject: Re: Historical Data
Organization: Hewlett-Packard, Fort Collins, CO, USA
Newsgroups: misc.invest

In misc.invest, rayw@hpmcaa (Ray Wardell) writes:

> Does anyone know of a source for historical and economic data that can be 
> downloaded electronically?  I have trained a neural network to forecast
> the Dow Jones Industrial Average weekly close to 95% accuracy by hand entering
> two years worth of data.  I want to verify the results with additional
> historical data but I do not have time to do this by hand.

Increase the size of the neural network and you can get 99.9%.  But try testing
the network on data it was not trained on and you get 10%.  NN are very good at
_memorizing_, but not quite as good at extrapolating.  The only solution I have
found is cutting down the size of the network.

I get my data from Warner Information Systems, which just got sold to Dial
Data.  Dow Jones also offers data to download.  Historical Data Systems sells
both disks and modem access.  Try the 800-555-1212 directory service for the
numbers.

----------------------------------------------------------------------
Brian Rauchfuss (Smokefoot)  "... the world could change in the blink
brian@hpfcbdr.fc.hp.com           of an eye."
Newsgroups: misc.invest
From: suhre@meltami.dsd.trw.com (Maurice E. Suhre)
Subject: Re: Growth Mutual Funds and Fabian Method
Organization: TRW, INC.
Distribution: usa
Date: Fri, 2 Oct 1992 21:36:54 GMT

In article <23986@sybase.sybase.com> rdale@sybase.com (Richard Dale) writes:
>In article <Sep23.222727.49712@yuma.ACNS.ColoState.EDU>,
> ian@candela.ATMOS.ColoState.Edu (Ian Wittmeyer) writes:
	[Discussion of Fabian Telephone Switch Newsletter philosophy
	deleted.  mes]

> I read an article in the AAII Journal recently that showed that for
> tax-sheltered accounts (e.g., IRAs) this has been fairly successful.
> However, the switches in and out of the market produce tax consequences
> that outweigh the extra profit you would make over a buy-and-hold for
> the same period.

I, too, read that article and couldn't make any sense out of it.  By
law, mutual funds distribute at least 90% of their realized capital
gains and dividends each year so as to avoid double taxation.  This
distribution is a taxable event (for non-IRAs) even if you are doing a
"buy and hold" strategy.  There could be some unrealized gain, but a
quick scan through some funds shows that the portfolio turnover ratios
are quite high, in general.  In short, funds tell you to "buy and hold"
but they certainly don't do it themselves.

Now, if the funds are turning their portfolios over and distributing the
gains, how much better can buy and hold be with respect to taxation
questions?
-- 
Maurice Suhre
suhre@trwrb.dsd.trw.com
From: tut@cairo.Eng.Sun.COM (Bill "Bill" Tuthill)
Newsgroups: misc.invest
Subject: investing for November elections
Date: 2 Oct 1992 22:03:06 GMT
Organization: Sun Microsystems Inc., Mountain View, CA
NNTP-Posting-Host: cairo

Polls indicate that Perot's re-entering the campaign will help Clinton
more than Bush, especially for the Texas block of electoral votes.  So
barring some surprise, let's assume a Clinton victory.  What are the
investment implications?

Clinton has already promised to raise taxes on incomes > $200k, so we
can assume tax-advantaged investments will be more valuable.  Municipal
bonds may rise in price.  Perhaps a speculative position in a muni bond
fund is in order; probably long bonds (see below).

Clinton has also made it clear that he wants to reform health care.  I'm
skeptical that much can actually be accomplished, but note that he'll be
the first President since Johnson with a sympathetic Congress.  Hedge or
sell positions in health care stocks whose business is based on excess
profits.  Health care stocks that reduce costs look good, however.

In the Lincoln Savings scandal, and in his recent efforts to lower rates
no matter what the effect on the dollar, Greenspan has shown himself to
be a political hack.  Does he hate Clinton enough to destroy the economy
before he gets replaced in 1994?  Surely we can expect more talk about
"dollar stability" and less talk of "incipient weakness" in Greenspan's
congressional testimony.  The Fed will let interest rates will rise.
Paradoxically, because it would lower inflation expectations, this might
reduce long bond rates and provide good returns on long bonds.  But short
and medium-term bonds may get clobbered.  Either increase maturities, or
move to cash, or both.

Rumors on this newsgroup, and elsewhere, indicate that the Fed is propping
up the stock market by buying futures when the market declines.  This may
cease as it becomes increasingly evident that Bush can't be re-elected.
Also, a post-election banking "surprise" with a spate of bank failures is
a distinct possibility.  Both factors put pressure on the market in the
November-December timeframe.  Maybe a few OEX January put options?

Upper middle-income investors will be able to deduct IRA contributions
again, if the new tax law goes thru.  This will be a bonanza for mutual
fund companies, at least two of which are public (Franklin and Dreyfus).
But beware, the IRA provision may fail.
From: jdiorio@guvax.acc.georgetown.edu
Newsgroups: misc.invest
Subject: Real-Time Stock Quoters
Date: 30 Sep 92 12:33:28 GMT
Article-I.D.: guvax.1992Sep30.163328.1408
Distribution: world
Organization: Georgetown University

Does anyone out there know if I can access Dow Jones or any other 
stock quoting network?  I need to view real-time quotes (15 minute 
delay) continuously.  The only quoters I'm aware of are on Compuserve 
but I'm not willing to pay that price.

Any input would be much appreciated.


Thankyou,
Jon

JDIORIO@GUVAX.acc.georgetown.edu
Newsgroups: misc.invest
Subject: Re: Inventions upon demand
From: gary@cdthq.UUCP (Gary Heston)
Date: Sun, 04 Oct 92 19:32:15 CDT
Organization: Garys' Home for Obsolete Computers

biow@cs.umd.edu (chris biow) writes:

> In article <BvGEn8.H7v@world.std.com> rsilver@world.std.com (Richard Silver) 
> 
> >We are an exceedingly productive group of professional inventors in
> >the Boston area...
> > [rest of long, stupid ad deleted]
> 
> Okay, folks, this is at least the third time this has been posted.
> "Dr." Silver has been informed by e-mail of the inappropriateness 
> of such advertising. Let 'im have it! (I leave it to your 
> discretion to decide what "it" is. Keep it moral and legal.)

I'd like a stock trading system that guarantees 20% return per annum
with zero risk. I offer a fee of $100.

Gary Heston, at home....
gary@cdthq.uucp
Newsgroups: misc.invest
From: marke@ultra.com (Marke Clinger)
Subject: Wanted: Financial Info on Pyramid Technologies
Reply-To: marke@ultra.com (Marke Clinger)
Organization: Ultra Network Technologies
Distribution: na
Date: Tue, 6 Oct 92 19:35:45 GMT

I am doing some research on the stability of Pyramid Technologies in
San Jose, CA. They build minis based on UNIX and sell into the
commericial marketplace.

I have not seen many of them in the installation I visit which are
mostly technical and am interested in comments from people who use the
computers or know something about the financial state of the company.

What I know so far is that they have had a loss for the last two
quarters.  (FY Q3 and Q4). They laid off ~ 5% of their workforce last
year. Word has it that they were groups not critical to the
success/strategy of the company. Their stock is ~8 now, 52 week low
was ~6 and high was around 17.

How well are they selling into their market?

How financially stable is the company?

At $8, are they a good investment?

Thanks,

Marke



So



-- 
__________________________________________________________________________
Marke Clinger					Ultra Network Technologies
Western Region Systems Engineer			1942 Broadway Suite 213
marke@ultra.com					Boulder, CO 80302
From: chang-mark-yan-ming@CS.YALE.EDU (Mark Yan-Ming Chang)
Newsgroups: misc.invest
Subject: RE: London FT100
Date: 4 Oct 92 00:05:39 GMT
Organization: Yale University Computer Science Dept., New Haven, CT 06520-2158


I got two email replies, but my email to them bounced. 
So I post them here w/o user id:

----------- reply 1:
London closes early in our morning, no?

I think CNBC (nat'l cable TV channel) reports the current/closing
London index at regular point in the a.m.

Perhaps there's a 1-900- number ?

Check if there's a EAFE futures index.  London is a big part.
-------- end 1

Thanks for the reply.

Actually, I am interested in EAFE (mostly weighted by FT100)
I do plan to stay for long term, but buying low to get in is still better.
What does the  EAFE futures index tell me?

Mark

-------- reply 2:
did you get any info on this.  please pass it on.
----------- end 2
Newsgroups: misc.invest
From: R1156C@waccvm.corp.mot.com (Michael Dow)
Subject: Setting up MF account for unborn child... Opinions Sought.
Organization: Motorola
Date: 28 Sep 1992 07:31:03 MST

    My wife and I wish to start a MF account (or some type of investment)
for our unborn child.  Now, I say to myself, 'Self, you will pay taxes on
the income of this, so how do you avoid it?'

    Now comes the scenario of what I am thinking:  For the next several
months until baby is born and social security number is issued I just
place $$ into my own accounts.  Yeah, I'll pay the taxes on the income
until then, but not much.  But, after baby is born and has been issued
a SSN, open up an account in the child's name and manage it as guardian.

    Does this sound right?  Any other ideas?  I basically want the fund
available for the use of the child at my discretion.  After year 'X' (18, 21,
etc) I would allow freedom of access to a point.  Effectively, I want to set
this investment aside for the child's needs, but not necessarily whenever
(or for whatever) the child wants a new toy.  I'm sure many of you have done
similar things.

-Michael R. Dow
From: newso584@Armstrong.EDU (Robert Newsome)
Newsgroups: misc.invest
Subject: Loan
Date: 6 Oct 92 23:49:21 GMT
Organization: Armstrong State College, Savannah, GA

Can someone please answer this question for me...I was thinking of buying a
new car when I graduate in  June 1993, but then I thought about buying a used
car and a used boat.  I figured I would spend ~14000 on a new car, but I could
get a used car for ~7500 and a boat for ~6500.  My question is will the banks
consolidate these two loans and let me pay for it over a 5 year period.  If not,are there any suggestions of what I could do??

Robert Newsome 
Newsgroups: misc.invest
From: mcdonald@cs.sfu.ca (Ken Mcdonald)
Subject: Re:  Effects of the U.S. Debt
Organization: CSS, Simon Fraser University, Burnaby, B.C., Canada
Date: Fri, 2 Oct 1992 19:42:19 GMT


From a previous article:
>>>
>The problem of inherited wealth is particularly pernicious.  Consider
>a fortune of $100,000,000.  If invested prudently and carefully, the
>heir of such a fortune can live the life of the wealthy, and AT THE 
>SAME TIME, have their principal grow in REAL terms.  This is most
>emphatically NOT true for the average family.  Now, if all of these
>families with large fortunes all invest them prudently, and their
>real wealth keeps growing, we may have problem; because if their real
>wealth is growing faster than the country's real wealth is growing
>(and this is often the case, and has certainly been the case over
>the last decade), then that implies their wealth must be growing
>at the expense of other.

Um, you're making a very basic mistake here.  You assume (like
most liberals do; I'm not calling you one, though) that
there is a fixed amount of wealth.  This is fundamentally
not true.  Wealth can be created through hard work, luck,
technology, etc.  And it can be destroyed through catastrophies
like natural disasters and gross mismanagement.
<<<

Um, actually, I'm not making this mistake.  Notice that I said
IF the real growth of these families grows faster than the
country's real growth; this is an explicit recognition of the
growth of wealth, if I've ever seen one.

By the way, thanks for not calling me a liberal; I'm not.

The big mistake being made by people who oppose any of this
sort of government intervention is their assumption that things
will work out reasonably fairly if left to themselves.  Historically,
the reverse has often been true; many countries have move from
relative freedom to a state where more and more political and
economic power is concentrated in the hands of fewer and fewer
people.  This trend, to me at least, seems very obvious in the US.

I am very wary of government, because government has traditionally
been the tool of the concentration of wealth and power, through
the passage of laws which favour those with money and influence,
at the cost of all others.  However, I believe that if the purpose
of government is clearly stated as the prevention of the exercise
of coercive force upon its citizens, then many of the dangers
can be avoided.  However, because the world ain't perfect, this may
call for the exercise of coercive force itself, in the form of
police against criminals, the anti-slavery North against the
pro-slavery south, the National Guard against racists in Little
Rock.  And it may call for the government to attempt to hinder
or break up undue concentrations of power or wealth.

Real solutions are rarely found at ideological extremes . . .

Ken McDonald
mcdonald@cs.sfu.ca
Newsgroups: misc.invest
From: pao@wam.umd.edu (Nikos Strifas)
Subject: NASDAQ Database
Keywords: nasdaq,database
Organization: Workstations at Maryland, University of Maryland, College Park
Distribution: usa
Date: Mon, 28 Sep 1992 02:16:02 GMT


HI!

I am loading my nasdaq database with data & I was wondering if anyone
in the net could provide me with an ascii delimeted file that contains
the following records: symbol,52-week-hi,52-week-lo.

Thanx,

Nikos Strifas
Newsgroups: misc.invest
From: dlb@sunloaf.dazixco.ingr.com (Dave Buehmann)
Subject: Re: Request for FAQ
Reply-To: dlb@sunloaf.dazixco.ingr.com
Organization: Dazix-Intergraph
Date: Fri, 2 Oct 1992 23:55:39 GMT

|> |> >I just started this newsgroup. Could the archive-site please
|> |> >send me a FAQ; by email please to avoid using bandwidth. Thanks.

me too please.

[ though with the number of requests, maybe it oughta be posted. ]

tnx,


Dave Buehmann               Voice:    (303) 581-2318
Dazix - Intergraph          Fax:      (303) 581-9972
5101 Spine Road             Internet: dlb@sunloaf.dazixco.ingr.com
Boulder, CO  80301          UUCP:     ...uunet!ingr!dazixco!dlb
From: grande@cbnewsd.cb.att.com (brad.l.grande)
Newsgroups: misc.invest
Subject: When to buy Mutual funds - tax implications
Keywords: capital gains distributions.
Date: 29 Sep 92 13:24:43 GMT
Distribution: usa
Organization: AT&T

Greetings,

I will be receiving a wad of cash the first week of January and plan on
spreading it around in a few mutual funds.

My reading to date has told me that a fund will pass along capital gains
(adjusted after losses) from its' turn over of its' assets back to the
share owners.  These gains have to be claimed by me the share owner.

My questions are:

Is this distributuion done at the same time of year by all the funds, or is
it specific to the fund?

Are you responsible for the full years gains during the year that you buy or
will the fund attribute to you just for the portion of the year that you held
shares?  (Either way could pose to be a double edged sword.)

If it makes sense, I could purchase the funds before the end of the year but
I am unsure of the answers to the above questions.  I fully admit at this time
that I have not ordered the prospecti for the funds that I wish to purchase.

Thanks in advance.

Brad Grande	WB0OYX
Another bike riding beer brewing kite flying amateur radio operator who
	still likes CD's!

AT&T Bell Labs
Naperville Illinausea
PLEASE SEND RESPONSES TO:	grande@iwtil.att.com
att!iwtil!grande
(708)-979-7853
From: jm0i@ns1.cc.lehigh.edu (JOSEPH ALOYSIUS MCVEIGH)
Newsgroups: misc.invest
Subject: Re: Info on Conseco
Date: 2 Oct 92 00:54:59 GMT
Organization: Lehigh University

srini@milton.u.washington.edu (Srini Tridandapani) writes:
>Does anybody know of an insurance company called Conseco (NYSE- CNC)
[Price data deleted]
>Any info on Conseco will be appreciated...!
>Please post or email replies to
>mansoor@ssdc.honeywell.com

There was a Barron's cover story on Conseco a few (2?) months ago, written by
notorious expose' artist Abraham Briloff. I'd read this if I were you. It
detailed questionable - but apparently legal - accounting gymnastics by
Conseco to play up both their bottom line and their "operating income" line.
Dr. Briloff seems to think that acquisitions, not generation of policies, are
their main activity.

-- 
-------------------------------------------------------------------------------
Joseph Aloysius McVeigh | "What do you want? Perfection?"
   jm0i@.Lehigh.edu     | "- or nothing. So you see, I take the nothing." (AR)
-------------------------------------------------------------------------------
From: rauchfuss@hpfcso.FC.HP.COM (Brian Rauchfuss)
Date: Mon, 28 Sep 1992 15:00:28 GMT
Subject: Re: Re: Effects of U.S. national debt (Citizens Bitch and Complain)
Organization: Hewlett-Packard, Fort Collins, CO, USA
Newsgroups: misc.invest

In misc.invest, McAldon International Inc. <mcaldon@igc.apc.org> writes:

> |Depending on your definition of "growth", I don't think this is true.  How
> |about:  "Any economic system relying on growth faster than productivity gains
> |will eventually collapse."  Increases in productivity and population are the
> |only real sources for growth, and increases in productivity make improvements
> |in the lives of people.
> |BDR
> 
> I guess I'd agree with your statement if even the most ethereal of sciences
> didn't depend to some extent on natural resources.  Since growth is, by 
> nature, exponential, I see inevitable collapse.  

My hope would be resource stability, rather than collapse.  0 population growth
(quite a trick if we manage to extend lifespans greatly) and economic growth
based on adding value to a fixed supply of resources which are recycled.
Adding value is becoming more important all the time, look at how much the
value of some sand and hydrocarbons is increased by making it into a computer.

----------------------------------------------------------------------
Brian Rauchfuss (Smokefoot)  "... the world could change in the blink
brian@hpfcbdr.fc.hp.com           of an eye."
From: coop@sybase.com (John Cooper)
Newsgroups: misc.invest
Subject: What happens to orders during splits?
Date: 25 Sep 92 15:14:06 GMT
Reply-To: coop@sybase.com (John Cooper)
Distribution: usa
Organization: Sybase, Inc.

If you have a standing buy or sell order with a broker, and the stock in
question splits before it reaches your price threshold, is your order
automatically adjusted?


--
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: stgprao@st.unocal.COM (Richard Ottolini)
Subject: Re: Is This A SCAM?
Organization: Unocal Corporation
Date: Mon, 28 Sep 1992 04:00:08 GMT

In article <1992Sep27.010437.17990@gn.ecn.purdue.edu> grasmeye@gn.ecn.purdue.edu (Joel M. Grasmeyer) writes:
>I just received two promotional offers from American Clearinghouse and a
>company called Mastercare International, Inc.  They offer a "guarantee" of 
>receiving one of four prizes--a car, a TV, a vacation package, or $5,000.
>In turn, I am "asked" to try some cleaning products or a water filtration
>system.  Are either of these offers valid?  Are the companies themselves valid?
>Are there any laws governing these companies, or requiring them to come through
>with the prize?  What sources could I use to research the validity of these 
>offers?

YES.  A very common one.  Frequently mentioned on consumer radio talk shows.
You will win prize #3- some highly restrictive vacation trip coupons.  With
these coupons you end up paying a couple times what you could arrange
yourself.
From: culver@uts.amdahl.com (Eric B. Culver)
Newsgroups: misc.invest
Subject: Southland
Keywords: Southland
Date: 6 Oct 92 23:10:18 GMT
Organization: Amdahl Corporation, Sunnyvale CA

Has anyone heard anything about Southland Corporation ?
They are the company the owns all the US 7-11 Stores.
They just recently came out of bankruptcy.

Thanks

Eric



-- 
#ifndef _disclaimer
#define _disclaimer
Saru mo ki kara ochiru
#endif

 
Eric B. Culver
Software Engineer
amdahl!culver
Newsgroups: misc.invest
From: bill@gaza.uhcc.Hawaii.Edu (William J. King)
Subject: Q about the Fed.
Organization: University of Hawaii
Distribution: usa
Date: Wed, 30 Sep 1992 17:39:56 GMT

 was llokingat a map of the 11 (?) Federal Reserve Districts adn 
notices that in the areas of Texas and the South that
the district boundries do NOT corrrespond to State boundaries.
Any Fed historians here that can explain that?

Wm.

--
    bill@uhunix.bitnet 
    bill@uhunix.uhcc.Hawaii.Edu 
    21.19 N.LAT by 157.52 W.LONG          
    Fish on the Byte
Newsgroups: misc.invest