HDTenEightyP/NetNews huggingface dataset:
From: timlee@public.btr.com
Newsgroups: misc.invest
Subject: Re: know of a german fund, anyone.
Date: 15 Apr 92 04:49:56 GMT
Reply-To: timlee@btr.com (Timothy J. Lee)
Followup-To: misc.invest

raghu@enh.nist.gov writes:
|is there a mutual fund that invests only in german industries? something 
|like the japan fund.

Four closed end funds (bought/sold like other stocks on exchange or
over the counter):

Germany Fund
Emerging Germany Fund
Future Germany Fund
New Germany Fund

A German bank manages the first three.  I think they had an ad which
had a phone number:  1-800-GERMANY.  Germany Fund usually trades more
expensively[1] than the others.  You might want to see S&P Stock
Reports or Value Line in the library.

[1] larger premium, smaller discount, or a premium while the others
trade at a discount
From: ajayshah@almaak.usc.edu (Ajay Shah)
Newsgroups: misc.invest
Subject: Re: Exceptional Technology Stocks by Volume and Change 4-14
Date: 14 Apr 1992 20:58:18 -0700
Organization: University of Southern California, Los Angeles, CA
NNTP-Posting-Host: almaak.usc.edu

clarinews@clarinet.com writes:

>                         Index   Volume   Change    %Change
>                                 (1000s)         (last) (week ago)

>S & P 500:            	 145.56		   1.10	 +0.27%	-63.66%
>Dow Jones IA:         	3306.13		  36.23	 +1.11%	 +2.23%

S&P 500 lost 63% but Dow gained 2%.
HOW!!!!!!?????

        -ans.
-- 

Ajay Shah, (213)749-8133, ajayshah@usc.edu
From: schnepf@cs.umn.edu (James A. Schnepf)
Newsgroups: misc.invest
Subject: Re: Japanese PEs (Re: Time to invest in Japan Fund??)
Date: 9 Apr 92 14:02:45 GMT
Article-I.D.: cs.1992Apr9.140245.7426
Organization: University of Minnesota, Minneapolis, CSci dept.

In article <1992Apr9.100213.10667@cs.umn.edu> prabhak@cs.umn.edu (Satya Prabhakar) writes:
>
>But then, Japan did not start doing so well until 10 to 15 years ago.
>Looking at the stupendous growth many Japanese companies have demonstrated
>consistently, I think they deserve a higher PE than their global counterparts.
                            ^^^^^^^
You are missing a "d" at the end of this word. Past performance is not
a guarantee of future results. The boom  times that Japan has had are
ending, as some of the advantages they had are no longer there. For
example, the quality advantage they had over fatcat American car
companies has been virtually eliminated (See recent article in
Financial World). Real wages in Japan are very
high relative to their competition in Korea, Singapore, Thailand, etc.
The rest of the world will no longer accept their closed market
stance. This does not mean that they are on their way down, only that
the days of fantastic growth are over, and the high PE is no longer
valid. 
>Some commentator was saying, "3% growth in GNP in Japan is cause for playing
>funeral music on radio for a week while in US it is time to pop open champagne."
>
The reports that I have heard indicate that Japan is truly in a
recession with real growth at -.5%(Don't you love terms like "negative
growth"?). If 3% growth is sufficient for playing funeral music, the
crash of their stock market is maybe understated.

>Satya Prabhakar
>

Jim

James Schnepf                (schnepf@cs.umn.edu)
University of Minnesota      (612) 626-7523
Computer Science Department
From: tsf@druhi.ATT.COM (FisherTS)
Newsgroups: misc.invest
Subject: Re: Long term index options
Summary: oex and spx leaps
Date: 9 Apr 92 03:36:00 GMT
Distribution: usa

In article <jog.702781257@kpc.com>, jog@kpc.com (Rajeev Jog) writes:
> tucker@shiva.edsg.hac.com (George Tucker) writes:
> 
> >Every week in Barron's there are listings for long-term index options
> >(LSW for S&P500 Dec. 93, etc.).  My broker (Waterhouse) says they don't
> >exist.  Who is right?
> 
> Barron's; the WSJ has them too.  I tried to get PBS to give me quotes on
> them, but they didn't know much about them, and couldn't get the quote
> unless I gave them the symbol.  
> 
> I posted to this newsgroup previously, but nobody responded.  Does
> anyone know the symbols for long-term options for the following
> indexes: S&P 100, S&P 500, Major Market Index.
> 
OEX = S&P 100	SPX = S&P 500

OEX LEAPStm	Dec 1992	OLX
OEX LEAPStm	Dec 1993	OAX

SPX LEAPStm	Dec 1992	LSX
SPX LEAPStm	Dec 1993	LSW

Series expiring in subsequent years will have different
ticker symbols.

I got the info from a LEAP info kit obtained by
calling 1-800-OPTIONS.  There must be a similar
number for the Major Market info, but I don't have
it handy.

They also have a info kit on equity options including
equity LEAPS.  This includes the strange looking symbols
for the equity LEAPS.

While you're browsing, might as well check out the CAPs too.

Has anyone evaluated the liquidity of these markets?  The
daily volume figures are pretty low, even on a 60 point day.

Tom Fisher
From: pjl2@cunixa.cc.columbia.edu (Paul J Landsberg)
Newsgroups: misc.invest
Subject: Re: Is IBM stock worth buying?
Date: 13 Apr 92 13:55:34 GMT
Reply-To: pjl2@cunixa.cc.columbia.edu (Paul J Landsberg)
Organization: Columbia University

Tushar Patel writes:
>IBM made a fundamental business shift from the typewriter business
>to the computer business in the 50's-60's in an extremely successful
>manner. There is no reason why they cannot do the same again.
>
>IBM has excellent people all around - excellent in sales, excellent
>in management, excellent in technical research and excellent in
>service. Yes there are problems. But they are seriously trying to do
>something about it which is more than can be said for most other large
>American corporations in trouble. This leads me to believe that IBM
>has at least as good a chance as any other troubled large American
>company to pull this transformation off successfully.

The argument against IBM:  Given a company with 300K+ people, a behemoth
by any other name, simply getting corporate approval for the term
"fundametal reform" can take 6 months to a year.

The argument for IBM: In their line of business, computer, chip
fabrication, components, one of the crucuial resources is computing
power.  I understand that they plow about 10% - 15% of all computers
they manufacture right back into the company.  There is an expression,
"money makes money" well, in electronics, "computers make computers."

Paul Landsberg
From: brian@baja.Corp.Sun.COM (Brian Edge)
Newsgroups: misc.invest
Subject: Re: MRK (Merck) - Stock Split scheduled to
Date: 13 Apr 92 22:44:28 GMT
Reply-To: brian@baja.Corp.Sun.COM
Distribution: usa
Organization: Sun Microsystems, Inc.
NNTP-Posting-Host: baja.corp.sun.com

What is the advantage to buying Merck stock before the split?
Do most stocks go up after a split??  Or is it better to
buy after the split?

Brian
From: dong@oakhill.sps.mot.com (Don M. Gibson)
Newsgroups: misc.invest
Subject: Re: correction is nigh
Date: 10 Apr 92 18:02:43 GMT
Article-I.D.: oakhill.1992Apr10.180243.11821
Organization: Motorola Inc., Austin, Texas

frazier@oahu.cs.ucla.edu (Greg Frazier) writes:

>v098p82f@ubvmsb.cc.buffalo.edu (NEUTRINO) writes:


>>hello folks,
>>   AS you are all aware, the market has seen a big decline over the past two 
>>days. The big question is, is this the market correction we have all been 
>>expecting, or is it just an indicator of edgyness out there? This 
>>"correction" wa only about 4%.....seems like either a really small
>>correction or a relly big tantrum!

i read an article in financial world or was fortune last month that said
to look for 2700 by july!  that surprized me, but the P/E's are awefully
high.  Japan market correction could pull US down too.  
 


>A true contrarian would have got in yesterday.  Too late now -
>the fed lowered something (not the prime rate - anybody want to
>fill us in on exactly what they did?) and the market bounced.
>Well, we'll see if this actually stops the drop or just slows
>it for a morning.

my morning paper said the increased some money supply that would
lower the over-night interbank rate from 4.0% to 3.75%.  that
doesn`t seem like much,  i suspect the rebound mainly from the
tone that the Fed may take further action on interest rates.

remember: "Don't fight the Fed!"
-don
Newsgroups: misc.invest
From: crpresto@rs6000.cmp.ilstu.edu (Charlie Preston)
Subject: Re: Disney split?
Date: Thu, 16 Apr 1992 13:38:39 GMT
Organization: Illinois State University

In article <1992Apr15.234443.15998@usl.edu> dbd0699@usl.edu (Duvan Dien B) writes:
>I would like to know when Disney  plan to split their
>stocks?
>
The split is for stockholders of record on 20 April and is effective mid May.

Chas
From: cook@ucsb.edu (Steve Cook)
Newsgroups: misc.invest
Subject: IRA Rollover Choices
Summary: Need advice on process of rolling over ira
Keywords: IRA
Date: 6 Apr 92 13:16:15 GMT

I have an IRA that's 'up' this week.  I would like to find out what my choices
are for moving the funds into a mutual fund (1 or more).

The part I'm unclear about is the 'third party', that is, I'm told the funds
must be held and invested by a third party.  Can I place the rolloever amount
into a no-load fund directly, or do I require the services of a broker acting
as a 3rd party?

Also,can I place the funds in a money market account for a couple of weeks
while I'm deciding which funds to invest in?

Thanks
Steve Cook
cook@bluemoon.ucsb.edu

From: rauchfuss@hpfcso.FC.HP.COM (Brian Rauchfuss)
Date: Tue, 7 Apr 1992 16:03:40 GMT
Subject: Re: AIA ???
Organization: Hewlett-Packard, Fort Collins, CO, USA
Newsgroups: misc.invest


I think that the AIA magazine is very good.  

The program is pretty good, but I don't use it as much.

BDR
From: eseeger@ssdc.UUCP (Eric Seeger)
Newsgroups: misc.invest
Subject: Info on Ratners Group (OTC:RATNY)
Date: 6 Apr 92 13:42:22 GMT
Organization: Sterling Software IMD, Vienna, Va.

Sorry if this post may be redundant, but I have been away since the
subject of this company arose from the net.

My Question is: Does anyone have any addition information on this 
company that was followed by the initial posting.  That post seemed
to be amazed by the dividend payout based on the per share price.
I would be interested if anyone could pass on any information concerning
this company, or an address or phone number to get ahold of an annual
report, etc...

Thanks in advance...

-- 
Eric J. Seeger				Phone:	(703) 351-3551
Sterling Software IMD			UUCP:	uunet!ssdc!eseeger
Vienna, Va. 22182			Fax:	(703) 821-1485
Newsgroups: misc.invest
From: suhre@meltami.dsd.trw.com (Maurice E. Suhre)
Subject: Re: Is IBM stock worth buying?
Organization: TRW, INC.
Date: Tue, 7 Apr 1992 21:13:22 GMT

>Is IBM stock worth buying for long term investment? 
>It is at a low. Does anyone 
>feel it will ever go back to the $150+ range?

Recently on Wall Street Week, the guest talked a lot about IBM.  They
showed how the IBM share of the PC market had dropped, and how they
weren't getting to first base in workstations or networking.  I can't
remember how many other things were wrong, but it appeared that their
days as a growth company were over.  The analysts thought that their
might be a "cyclical" play available.

It does seem like the mainframe market is stagnant or declining, and
that IBM is not into the new markets in any significant way.  These
observations, if true, would suggest that long term isn't a very good
deal.  

Technical analysis considerations tell us that stocks going down tend to
keep going down.  If you like the fundamentals :-), I'd certainly wait
until there was some evidence that the stock price was beginning to
rise.  Even if IBM gets some sort of act together that is well received
by the market, it might be 3-5 years.  Just wait a while.  It won't jump
back to $150 overnight :-)

Usual disclaimers.

-- 
Maurice Suhre
suhre@trwrb.dsd.trw.com
From: ksmith@willamette.edu (Kevin Smith)
Newsgroups: misc.invest
Subject: Re: AMD
Date: 9 Apr 92 15:52:24 GMT
Article-I.D.: willamet.1992Apr9.155224.29682
Organization: Willamette University, Salem, OR

[part of thread deleted]

>The WSJ had a short article on AMD yesterday.  It mentioned the fact
>that the Wall Street analysts questioned the company's ability to
>maintain those earnings.  It also mentioned thef fact that AMD does
>not have the 486 chips in the market (yet) and there is no strong
>indications that AMD will be successful in coming up with the 486s.
>BTW, I went to Price Club yesterday and saw DELL i486SX/25MHz with
>super VGA, 80 Meg H/D, etc ...etc for less than $2,000.  Note that
>DELL uses the Intel chip (i486) .... I am just wondering how much
>cheaper could AMD make this chips?

When AMD released 386 chip clones, I believe they priced the chips at the
same price as Intel's chips.  However, AMD's chips were implemented in
.8 micron technology instead of in 1 micron.  Also, AMD produced chips
that were rated at higher speeds.
From: McAldon International Inc. <mcaldon@igc.org>
Newsgroups: misc.invest
Date: 13 Apr 92 21:52 PDT
Subject: Re: Waterhouse in IBD
Nf-ID: #R:1992Apr13.195119.29568@athena.mi:835045193:cdp:1426500161:000:853
Nf-From: cdp.UUCP!mcaldon    Apr 13 21:52:00 1992


|I hear that Investor's Business Daily has an article in the 13 April
|issue on Waterhouse Securities, the discount broker.
|Could someone summarize the article to the group?
|Rich Carreiro                                    "My country, right or wrong,"

Someone Emailed me the same question.  My reply, which bounced, follows:

|What does it say?  IBD arrives 2 mailing days late to this town.

A favorable review of the company's operations and management, with
compliments to the CEO, Lawrence (I think) Waterhouse.  IBD is
delivered to my door about 9 hours after the market closes; Barrons
is in my PO box about 3pm Saturday.  There are some advantages to 
living in a big city, but not all that many:-)  

|    mcaldon@igc.org     | Opinions dispensed herein not guaranteed |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||

Newsgroups: misc.invest
From: dow@nova2.stanford.edu (Keith Dow)
Subject: Re: Yeeee Hiiiiiiiii
Organization: Stanford University
Distribution: usa
Date: Wed, 15 Apr 1992 01:48:17 GMT

>Slim Pickens rides an A-bomb down in Dr Strangelove.  Failsafe was too
>serious a picture to indulge in such antics...


He rides an H-Bomb.  Think big!
From: glenm@cbnewsb.cb.att.com (glen.r.mccluskey)
Newsgroups: misc.invest
Subject: Japanese market
Keywords: nikkei japan boom bust bubble
Date: 6 Apr 92 19:55:23 GMT
Article-I.D.: cbfsb.1992Apr6.195523.27137
Organization: AT&T


This week's Economist has an interesting article about
the Japanese market.  It compares previous booms and busts
with the current market in Tokyo.

There is a table that is quite informative:


market		%rise		length		%decline	length
(begin date)	bull phase	bull phase	peak/trough	bear phase
				(months)			(months)

tulips
(1634)		5900		36		-93		10

Mississippi
shares (1719)	6200		13		-99		13

South Sea
shares (1719)	1000		18		-84		6

US stocks
(1921)		497		95		-87		33

Mexico stocks
(1978)		785		30		-73		18

silver
(1979)		710		12		-88		24

Hongkong stocks
(1970)		1200		28		-92		20

Taiwan stocks
(1986)		1168		40		-80		12

Japanese stocks	3720		288		?		?
(1965)

If the Japanese market is like previous markets in this table, one
might expect the Nikkei to bottom out around 10,000 or perhaps less.

Glen McCluskey
glenm@usl.com
From: fsrhd@acad3.alaska.edu
Newsgroups: misc.invest
Subject: Mutual Funds, How to?
Date: 14 Apr 92 22:13:42 GMT
Article-I.D.: acad3.1992Apr14.131342.1
Organization: University of Alaska Fairbanks



	I know this must have been asked like a zillion times on the net
so please reply e-mail to save bandwidth.  I'll consolidate the replies if
anyone shows interest.  Now to my question.
	I am looking to invest some money in mutual funds.  How do I go about
selecting a fund, what funds have shown good returns, etc. etc.  I am a
novice at this so please make it clear when you refer to acronyms.  Thanks for
your help.

-- 
Bob Devine
fshrd@acad3.alaska.edu
From: rbp@investor.pgh.pa.us (Bob Peirce #305)
Newsgroups: misc.invest
Subject: Re: CONTRARIANS
Date: 16 Apr 92 13:27:35 GMT
Reply-To: rbp@investor.pgh.pa.us (Bob Peirce #305)
Organization: Cookson, Peirce & Co., Pittsburgh, PA

In article <181066@pyramid.pyramid.com> breid@pyrhard2.eng.pyramid.com (Bill Reid) writes:
>In article <1992Apr14.153327.7228@investor.pgh.pa.us> rbp@investor.pgh.pa.us (Bob Peirce #305) writes:
>>
>>Discerning these things objectively was a lot easier before the creation
>>of the option auction market and financial futures.  I find it damn near
>>impossible today.  My own opinion is sentiment is the very best method
>>available to help discern the turning points.  Unfortunately, I have
>>been without such a tool for several years.  I may never find another.
>
>I am typically very skeptical of the widely held notion that financial 
>options and futures are fundamentally changing market trading patterns 
>for anybody but day-traders.  However, yesterdays dam-burst in Chicago was 

You should re-read my post.  I did not say trading patterns are changing
only that measuring them in some objective fashion has become impossible
for me.  The basic hypothesis on which sentiment measures are based
is that human nature never changes.
-- 
Bob Peirce, Pittsburgh, PA         rbp@investor.pgh.pa.us         412-471-5320
venetia@investor.pgh.pa.us [NeXT Mail]  !uunet.uu.net!pitt!investor!rbp [UUCP]
From: richard@kunikpok.UUCP (Richard A. Hasting Jr)
Newsgroups: misc.invest
Subject: Re: Correction is now
Date: Sun, 12 Apr 92 10:35:59 CDT
Organization: Kunikpok Kennels & Komputers

reg@sdchemw2.ucsd.edu (Richard E. Gillilan) writes:

> In article <1992Apr8.185928.17778@aio.jsc.nasa.gov> pettengi@ial1.jsc.nasa.go
> >The Dow was down 60 points on 4/7/92.
> >As of lunch time on 4/8/92, the Dow was down another 30 points and
> >the Nikkie was around 17125 and falling.
> >
> >
> >Is it time to celebrate yet?   (For those of you who are cash liquid)
> >Or is it time to cry?          (For those who gambled and rolled craps)
> >
> >Any comments?
> 
> I was thinking the same but it's got to come down more dramatically
> than that. Perhaps those program trading safeguards, which were set off
> yesterday according to NBR, will slow the decent.
> 
> I understand that Fidelity now allows short selling for several of its
> sector funds, does anyone know the details? might be a good time to try
> it out.
> 
> 
> ----------------------
> Richard Gillilan, UCSD
Hmmmm.  Dow closed up for last week.  

Looks like it may have been another nice buying op. :-)

I think I might just go sit on the bench for a little bit until 
the market stops moving sideways.  Can't make money that way:-(

Richard Hasting
From: samchris@brtph495.BNR.CA (Sam Christie P200)
Newsgroups: misc.invest
Subject: Re: Wanted: Daily Stock Quotes
Keywords: FOX quotes
Date: 13 Apr 92 19:16:04 GMT
Reply-To: samchris@brtph495.BNR.CA (Sam Christie P200)
Organization: Bell-Northern Research Ltd.

I've seen several questions similar to this recently.  Fidelity Brokerage
offers a MS-DOS package for ~$100.  You may enter a list of equities,
options, indexes... and the system will connect to their computers and
download the prices.  No connect time charges; however, you can only
make 100 calls between trades.  The system also takes trade orders.

A rudimentary export capability exists, so you could extract the data
into the format of your choice.  I suppose some dedicated individual
could reverse engineer the data interface and write a UNIX version.

Sam Christie
BNR, Inc       Remember: I work for them, not the other way around
919/991-7244

Return mail should be addressed to:

woodstock!samchris@mcnc.org
From: rauchfuss@hpfcso.FC.HP.COM (Brian Rauchfuss)
Date: Tue, 7 Apr 1992 15:41:27 GMT
Subject: Re: Time to invest in Japan Fund??
Organization: Hewlett-Packard, Fort Collins, CO, USA
Newsgroups: misc.invest

In misc.invest, shag@aero.org (Robert M. Unverzagt) writes:
> 
> Indeed, compared to other stock markets, the Japanese PE's, etc
> are pretty high.  But if you look at historical data (I'm going
> from memory here, so watch out!) Japanese PE's are at their
> historic lows -- around 35 or so, I think.  That's something to
> consider.
> 
> Shag

Japanese PE's didn't start to go crazy until the last 10 to 15 years.  Before
that, they were in the upper 20's I think.

BDR
Newsgroups: misc.invest
From: rjohnson@shell.com (Roy Johnson)
Subject: IISTGTBTIPI
Organization: Houston, TX
Distribution: misc
Date: 16 Apr 92 10:41:22

First, I must say:
If It Sounds Too Good To Be True, It Probably Is.

Now, I would like information (please, not speculation; I can
speculate) about The Ken Roberts Company.  I just got my "well,
I said I wasn't going to send you any more, but I got these
letters of testimony and you just had to see them but this is
really your last chance" mailing from him the other day.

For those who don't know, but are curious, he's got a "system"
for reading newspapers 10-15 minutes a day, and applying the news
to investing in futures options.

Of course, the mailing has numerous letters from people who are
raking in money using his methods, and "I knew absolute ZERO about
the futures markets."  I wonder how many people simply lost their
money and collected the refund?

Details:
- Cost of enrollment is $195
- You will learn a profit formula that works in any economic climate:
  inflation, deflation, recession, depression (how about stagnation?);
- You will receive my monthly bulletin for three full months giving
  advance [?] notice of the special situations we use to profit;
- You'll receive an access code to the private 24-hour Alert-Line
  telephone number.  I update this extra service twice weekly, and
  you'll need a touch-tone phone to access these mesasges;
- Before you commit $1000 to $5000 to your own business, you will first
  prove to yourself that this is, indeed, an ideal business;
- You may contact my office and staff as often as you feel necessary
  at no additional cost;
- You may also utilize the services of my full-time, fully-staffed
  associate firm in person, by mail, or by using their toll-free 800
  phone numbers;
- Money-back guarantee if after completing the three-month course you
  haven't multiplied your imaginary investment into net profits (INCLUDING
  your tuition [oh, wow, guarantee $195 profits])

It Sounds Too Good To Be True.
It Probably Is.

How come information about this method hasn't gotten around to any other
investment advisers, (Andrew Tobias, for instance) who steer people away
from futures?

Does anyone know anything about this company?

Many thanks,
Roy
--
Roy Johnson, Shell Development Company
"And in the Student Center, the students come to eat
 They stab it with their plastic knives but they just can't cut the meat"
				-- Hotel Massachusetts
Newsgroups: misc.invest
From: tjio@venice.sedd.trw.com (Lee Tjio)
Subject: Re: Stocks newsletter. Netletter!
Organization: TRW Systems Engineering & Development Division, Carson, CA
Date: Tue, 7 Apr 1992 17:41:55 GMT

In article <1992Apr7.165031.13160@cs.umn.edu> prabhak@cs.umn.edu (Satya Prabhakar) writes:
>
>In my opinion, buying individual stocks is absolutely
>stupid unless you are so rich that you can buy a 
>coupla thousand shares and buy a basket of stocks. The
>turnaround commission on an average trade is about 4-5%.
>
>Satya prabhakar (satya@ssdc.honeywell.com)

Depending on you visibility of the company you are investing in, 
investing in individual stocks could be the smartest thing you do.  
For example, if you are working for a company, and you KNOW that
your company is getting multiple new contracts, you would be
absolutely stupid not to invest in the company. 

I do agree that buying a stock solely based on a recommendation
is unwise.  However, if you have some insight of the company,
it might not be such a bad idea.  I personally would not buy
stock "Alibaba" which does something I don't understand, whose
products I have never heard, and is recommended by "Ultimately
the best of the best" company out of Sioux Center, Iowa. 
 
Lee

Newsgroups: misc.invest