HDTenEightyP/NetNews huggingface dataset:
From: loewenst@blaze.rutgers.edu (David Loewenstern)
Newsgroups: misc.invest
Subject: Re: Fidelity FOX
Summary: 2/2 USENetters don't think much of it either.
Date: 7 Apr 92 18:00:38 GMT
Reply-To: loewenst@blaze.rutgers.edu.UUCP (David Loewenstern)
Organization: AT&T Bell Labs, Whippany, NJ

In article <1992Apr7.012711.16942@samba.oit.unc.edu> Greg.Kohlbach@bbs.oit.unc.edu (Greg Kohlbach) writes:
>Summary: 29/30 Prodigy posters say skip it. 

Thanks for the info!  I've come to the same conclusion myself. 
Were there specific complaints about the service, or did the Prodigy
posters, like me, simply think the service was overpriced?

These opinions are shareware.  If you like the product,
please send your $0.02 to
               David Loewenstern
   <davel@homxc.att.com> || <loewenst@paul.rutgers.edu>
From: timlee@public.btr.com
Newsgroups: misc.invest
Subject: Re: ARM Mutual Funds
Date: 13 Apr 92 04:02:04 GMT
Reply-To: timlee@btr.com (Timothy J. Lee)
Followup-To: misc.invest

jprice@eecs.cs.pdx.edu (James Price) writes:
|Anyway, in it he teases about an unnamed:
|"...unique mutual fund that invests in ARMS...This unique mutual fund is
|rated triple-A by Standard&Poors...offered by a major mutual fund family."
|He goes on and on about its safety and yield being so high...
|
|Let me guess, could it be the T.Row Price ARM fund?! :)
|
|I am fairly certain that Benham also offers an ARM fund, they are
|always advertising it on CNBC. Unfortunately, I think its a load fund.
|But dont take my word for it...

Benham funds have no load.

Several load fund groups (e.g. Franklin) also offer ARM funds.
From: McAldon International Inc. <mcaldon@igc.org>
Newsgroups: misc.invest
Date: 13 Apr 92 21:51 PDT
Subject: Re: Correction is now
Nf-ID: #R:1992Apr8.185928.17778@aio.jsc.na:4661789:cdp:1426500160:000:542
Nf-From: cdp.UUCP!mcaldon    Apr 13 21:51:00 1992


|Is anyone really making money on the market right now (past month)?
|What are the hot sectors? any of them cyclicals? 
|Richard Gillilan

Meridian Diagnostics [KITS] has been hot recently.  But at a P/E
nearly 100, I've chickened and sold 1/3 of my position today.  I
have no idea what's driving it.  

                         |        Vote for the environment          |
|    mcaldon@igc.org     |       And Jerry Brown's flat tax         |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
              
            

Newsgroups: misc.invest
From: adalier@intelhf.hf.intel.com (Mehmet Adalier)
Subject: Re: AMD
Organization: Development Tools Operation, Intel Corp., Hillsboro, OR
Date: Tue, 14 Apr 92 21:07:46 GMT

In article <1992Apr10.203305.6685@berlioz.nsc.com> moore@berlioz.nsc.com (Joseph Moore) writes:
>>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?
>Last I heard, the Intel 486's were going for $300 or so (more than their
>weight in gold), and Cyrix just announced a 486 at $120 (I don't know 
>how close to production Cyrix is).  So apparently there is room for
>the price to come down.
>
>
>Joe Moore
>(my opinion, National Semiconductor has nothing to do with it).

The chip that Cyrix introduced is NOT a 486.  It is pin compatible with
the 386sx and tries to imitade the 486.  The name 486slc is just
marketing.

As mentioned before AMD's 386's worked with a faster clock speed than
the intel counterparts did.  However, nobody (including AMD probably)
really knows if AMD can come up with the 486.  It is much more 
difficult to copy than the 386.


Not putting down any company but watch your money,

M. adalier

(This is my opinion only.  My employer has nothing to do with it)

Newsgroups: misc.invest
From: Ari_Kornfeld@QM.SRI.COM (Ari Kornfeld)
Newsgroups: misc.invest
Subject: Re: correction is nigh
Date: 9 Apr 92 18:13:16 GMT
Article-I.D.: unix.34128
Organization: SRI International

A true contrarian would invest in CDs since that's what everyone is
getting out of.  :-)

As far as corrections go, it depends which stocks you look at.  Quite a
few stocks (by industry) have lost significantly over the past week or
two.

In article <1992Apr9.131929.9864@acsu.buffalo.edu>, v098p82f@ubvmsb.cc.buffalo.edu (NEUTRINO) writes:
> 
> What are your thoughts?  Also, what would a true contarian do at this time?
> 
> Thanks 
> joe falcone
> v098p82f@ubvms.cc.buffalo.edu 
> 
> 
Newsgroups: misc.invest
From: jrb@jrb.larc.nasa.gov (James R. Burley II)
Subject: Re: Discrepencies Between MIPS and SGI prices?
Organization: NASA Langley Research Center, Hampton, VA  USA
Distribution: usa
Date: Fri, 17 Apr 1992 11:44:31 GMT

The market doesn't respond to numbers but rather hearsay. Also the
entire market is down relative to the date the merge was announced.
I bought SGI at $20.25 right after the merge and again two days ago
at $19. Long term...this is an excellent growth stock and as you've
noted, is currently selling below value.
-- 
---------------------------------------------------------------------------
 James R. Burley II                     NASA Langley Research Center
  ph. 804-864-2008                      MS 152E, Hampton, Va. 23656-5225     
---------------------------------------------------------------------------
From: timlee@public.btr.com
Newsgroups: misc.invest
Subject: Re: ARM Mutual Funds
Date: 15 Apr 92 04:37:48 GMT
Reply-To: timlee@btr.com (Timothy J. Lee)
Followup-To: misc.invest

sasdrf@daedalus.unx.sas.com (Dave Frederick) writes:
|This from Benham last week:
|
|Benham ARM Gov't Securities Fund
|
|No load.
|Annual expenses currently waived.
|$1000 minimum.
|Check writing for amounts > $100.
|Current 30-day yield: %6.61
|No annual report yet, but prospectus available.
|
|It seemed better than a money-market or NOW, so I opened an account
|for my short-term money.

Don't write checks on the fund, unless you want your capital gain/loss
tax calculations to be very messy.
From: "john ogilvie" <john.ogilvie@canrem.com>
Newsgroups: misc.invest
Subject: more options question
Date: 13 Apr 92 20:44:11 EST
Reply-To: "john ogilvie" <john.ogilvie@canrem.com>
Distribution: misc
Organization: Canada Remote Systems


> I would like to have a second opinion on holding a call at expiration.
>
> Assume that I buy  a call of MSFT April 130 and keep it until April 30, 1992
> MSFT is only 120 and there is no market to sell my option even
> with 1 bilionth of a dollar. Do I have an obligation to buy 100
> shares of MSFT at 130?

DK>No.  Options give you the right BUT not the obligation to purchase the
DK>underlying security


     If you let an option expire that is more than $1 in the money, you WILL
     get exercised.  It HAPPENED TO ME!


Internet: john.ogilvie%canrem.com@lsuc.on.ca
Com:     canrem!john.ogilvie
Others:   john.ogilvie@canrem.com

           Canada Remote Systems             
           Toronto, Ontario, Canada          

---
  DeLuxe 1.12 #4055  
--
Canada Remote Systems  - Toronto, Ontario/Detroit, MI
World's Largest PCBOARD System - 416-629-7000/629-7044
Newsgroups: misc.invest
From: jackson@caspian.eng.hou.compaq.com (Mike Jackson)
Subject: Re: JW Gant: EuroDisney. Anyone heard of them?
Organization: Compaq Computer Corp.
Distribution: usa
Date: Thu, 9 Apr 1992 20:27:52 GMT

In article <86sK02I90fQn01@JUTS.ccc.amdahl.com> nyp00@cd.amdahl.com (Nick Pang) writes:
>Anyone heard of JW Gant Brokers? I've been getting phonecalls from them lately.
>EuroDisney ADR and Zero Coupon Bonds is their latest. I just happen to be 
>considering both of them in my investments but I am not sure if I want to get
>it through them (I haven't checked with Schwab yet).
> 
>Any info is appreciated, either on JW Gant or EuroDisney.

For what it's worth, I have a poor impression of JW Gant.  They called me and sent
'newsletters' that were so folksy as to be silly, and then actually hung up on me
(with a degrading remark) when I replied to one phone call that I wasn't going to
do any investing right now.  I think they must be a super-high-pressure sales org-
anization that is just calling everyone they can find in hopes of getting orders 
from a few.

Regarding EuroDisney, I think it will do very well, based on what I hear, but I 
worry too much about the possible negatives to actually invest until the problems
are cleared up.  Of course, if they successfully resolve all their problems quickly
enough the stock will do well and I'll miss out.  Oh well.

-Mike
From: pettengi@ial1.jsc.nasa.gov (James B. Pettengill)
Newsgroups: misc.invest
Subject: Correction is now
Date: 8 Apr 1992 18:59:28 GMT
Distribution: usa
Organization: LESC

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?
From: mccabe@gdls.UUCP (Harold McCabe)
Newsgroups: misc.invest
Subject: "Beyond Our Means" by Alfred Malabre
Keywords: national debt, living standards, future trends
Date: 13 Apr 92 17:07:46 GMT
Distribution: usa
Organization: General Dynamics Land Systems, Sterling Heights, MI

"Beyond Our Means" by Alfred Malabre was suggested reading by someone
earlier on the net.  I bought this and read it.  It is very sobering, even
on a subject (national debt) that normally provokes discouraging responses.

His main points:

 1. Our desire to have an increasing standard of living (since the end of WWII),
 coupled with unimpressive gains in productivity is leading to a crisis which
 cannot be avoided.  It will not matter which party is in the White House or
 who controls Congress.  It won't even matter (now) how the federal budget is
 tweaked.

 2. His scenarios for the future include:

    a. Inflation.  Not the hyperflation of Germany in the 1920's, though.  He
    assigns a 20% probability to this.

    b. Deflation.  He assigns a  30% probability to this.

    c. Increased federal government intervention at all levels of the economy
    to control and increase federal revenues.  He assigns a 50% probability to
    this.

 3. The Gramm-Rudman-Hollings deficit reduction bill was not a valiant attempt
 to rein-in spending, but a symptom that we cannot control spending
 and cannot make difficult decisions:  it is an admission of defeat. 

 4. It is not likely that we have the national will to endure the (temporary)
 pain that would be necessary to correct our debt excesses.

 5. The expectation that succeeding generations will experience increasing
 standards of living is deeply ingrained in us, and will require pain to make
 these expectations more realistic.

Mr. Malabre does not present his points with mathematical rigor, but I am not
sure that the subject is amenable to such.  The book is more credible because
it comes from someone like Mr. Malabre (econ. editor of the Wall Street
Journal) rather than someone associated with the lunatic fringe who always
tells us that the sky is falling.

If you think that something must give regarding the national debt, and if you
are interested in investing or protecting what you have invested -- the book
seems a good starting point.

Harold McCabe
From: burgin@currituck.cs.unc.edu (Robert Burgin)
Newsgroups: misc.invest
Subject: Re: Stocks newsletter. Netletter!
Summary: Can You Beat the Market (Revisited)
Date: 11 Apr 92 12:38:38 GMT
Organization: University of North Carolina, Chapel Hill

In article <1992Apr7.183813.29626@cs.umn.edu> prabhak@cs.umn.edu (Satya Prabhakar) writes:
>
> (Lib) writes:
>>    
>>>   1. It has been proved that no one can consistently
>>>      beat the market. Period. Most often they fail 
>>>      miserably.
>>    
>>This has not been proved. For example Martin Zweig's newsletter has between
>>the S&P over an 11 year period with never a down year (per Hulbert).
>
>No offense meant, but I have to say 'Yeah right!' This is true if
>you had invested in Zweigs fund when transaction costs are minimized.
>
>But if you were to pay commisions on your 200 shares everytime you
>sell or buy based on the 'revered' Zweig's recommendations, you will
>have done much worse than stcking with an S&P 500 index fund. 

	No, Satya.  When Hulbert calculates the performance
	of a newsletter's recommendations, he includes commissions.
	So when Hulbert says that Zweig and a handful of others
	have beaten the market over the past 11 years, these
	things have been taken into consideration.

	What's important to remember, though, is that only a
	handful of newsletters have been able to do this.  The
	vast majority of newsletters have failed miserably.

	The other important thing to remember is that past
	performance is no guarantee of future performance.
	Zweig's system could fall apart tomorrow.

	By the way, thanks for whoever posted the info from
	that newsletter.  More of us should do the same,
	although I wonder if copyright infrigement is an
	issue here.

	--rb
Xref: sparky clari.tw.stocks:110 misc.invest:6901
From: prabhak@cs.umn.edu (Satya Prabhakar)
Newsgroups: misc.invest
Subject: Japanese PEs (Re: Time to invest in Japan Fund??)
Date: 9 Apr 92 10:02:13 GMT
Article-I.D.: cs.1992Apr9.100213.10667
Organization: University of Minnesota, Minneapolis, CSci dept.

(Brian Rauchfuss) 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.

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.
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."

A good analogy is Microsoft and Walmart. They have witnessed fantastic
growths in the past and investors keep propping them up at PEs or
42 and 38 respectively. No one seems to say that these are overvalued!

Comments?

Satya Prabhakar

Postscript:

The cabdriver in New York says to himself, "My 9 year old daughter keeps
saying that her classmates prefer Pepsi over Coke, Nike over Reebok,
Gap over anything else, Sony over anything else by a wide margin. I wonder 
what this means!"
From: abhay@cbnewsh.cb.att.com (abhay.k.jain)
Newsgroups: misc.invest
Subject: Meaning of letters in option listings
Keywords: stock options
Date: 16 Apr 92 21:15:28 GMT
Distribution: na
Organization: AT&T

I have been wondering what the letters 'r' and 's' mean in the stock tables
in WSJ and NY times.  I did not find any explanation of these terms.


abhay
Newsgroups: misc.invest
From: kev@osf.org (Kevin Till)
Subject: Buying stock without a broker(DRIP) 
Organization: Open Software Foundation
Date: Tue, 14 Apr 1992 17:29:11 GMT

Below are three companies that have DRIP (Dividend Reinvestment Program)

	Pepsi	1-800-433-2652
	Exxon	1-800-252-1800
	Texaco	1-800-283-9785

Please continue adding company to the list.

-- 
Kevin T. Till	
System Engineering
Open Software Foundation
Newsgroups: misc.invest
From: jchen@ftrooper.NoSubdomain.NoDomain (Jason Chen)
Subject: Re: AMD
Reply-To: jchen@ctt.bellcore.com
Organization: Bell Communications Research
Date: Wed, 8 Apr 92 21:33:59 GMT

I heard over WCBS that a brokerage firm just upped AMD's earning 
estimate from $2.xx to $3.yy. A P/E of 5? Nah, that is too good to be true.
-- 

C. Jason Chen                 
**************E-Mail: jchen@ctt.bellcore.com
**************V-Mail: (908)699-6993
**************P-Mail: 444 Hoes Lane, 1E229, Piscataway, NJ
From: Greg.Kohlbach@bbs.oit.unc.edu (Greg Kohlbach)
Newsgroups: misc.invest
Subject: Re: Fidelity FOX
Date: 7 Apr 92 01:27:11 GMT
Article-I.D.: samba.1992Apr7.012711.16942
Organization: UNC Office of Information Technology

Summary: 29/30 Prodigy posters say skip it. 
Followup-To: 
Distribution: world
Organization: Extended Bulletin Board Service
Keywords: 


My wife sent for FOX info pak thru PRODIGY.  She tells me that of 

thirty posts about FOX only one user has been satisfied.



She has decided not to try it out.

--
   The opinions expressed are not necessarily those of the University of
     North Carolina at Chapel Hill, the Campus Office for Information
        Technology, or the Experimental Bulletin Board Service.
           internet:  bbs.oit.unc.edu or 152.2.22.80
From: syoon@uhunix.uhcc.Hawaii.Edu (Sang Yoon)
Newsgroups: misc.invest
Subject: Re: Schwab`s Equalizer
Date: 11 Apr 92 21:22:47 GMT
Organization: University of Hawaii

In article <6265@bigbird.hri.com.hri.com> proto@sparc61.hri.com (Rich Proto) writes:
>Is anyone familiar with the Equalizer program from Charles Schwab who
>can comment
>on it? 
>
>------------------------------------------------------------------------------
>Rich Proto             |   INET: proto@hri.com  | 
>Horizon Research       |Message: (617) 466-8300 |
>1432 Main St.,         |  Voice: (617) 466-8321 |
>Waltham MA 02154-1652  |    FAX: (617) 466-8323 |
>------------------------------------------------------------------------------


  Comment: Don't even think about using it.

           I used 5/91 through 7/4/91 and  8/9/91 through 9/91.
           And paid over $3000 dollars.


           
--

-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
syoon@hawaii.edu
Xref: sparky clari.tw.stocks:108 misc.invest:6816
From: weiser@pogo.den.mmc.com (Matt Weiser)
Subject: Re: Yeeee Hiiiiiiiii
Organization: Martin Marietta WIS
Distribution: usa
Date: Mon, 13 Apr 1992 23:10:43 GMT

In article <5311@pdxgate.UUCP>, jprice@eecs.cs.pdx.edu (James Price) writes:
stuff deleted
> 
> ObInvest: Martin Marietta makes the bombs that keep us strong. If you buy that.
> 
> James
> Net: jprice@jove.cs.pdx.edu       "Justice is incidental to law and order."
> Globe: 45 31 25 N 122 40 30 W                          - J. Edgar Hoover
> Unity not uniformity | NBC = GE   "Reading musses up my mind." - Henry Ford

No, we just make the rockets that get them there.  At least the big bombs, which
seems to be what this post is talking about.  Bush has, however, stopped
production on Small ICBM & Peacekeeper projects, so we don't even do that.
You can, however, thank this terrible company for putting
your shuttle into orbit and allowing the people on the shuttle to
zoom around space unattached from the spacecraft, reworking your national
air traffic control software so it works, modernizing the HUD computer systems,
creating nice fast mail sorters so your mail actually gets to you within *some* 
period of time, creating key components of your hubble space telescope (all of them work),
and creating neat things that map out the entire surface of Venus.  To name just a few
things that don't blow up....

Matt Weiser
Martin Marietta Western Internal Systems
weiser@pogo.den.mmc.com
From: nyp00@cd.amdahl.com (Nick Pang)
Newsgroups: misc.invest
Subject: JW Gant: EuroDisney. Anyone heard of them?
Date: 8 Apr 92 15:35:04 GMT
Distribution: usa
Organization: Amdahl Corporation, Sunnyvale CA

Anyone heard of JW Gant Brokers? I've been getting phonecalls from them lately.
EuroDisney ADR and Zero Coupon Bonds is their latest. I just happen to be 
considering both of them in my investments but I am not sure if I want to get
it through them (I haven't checked with Schwab yet).
 
Any info is appreciated, either on JW Gant or EuroDisney.
 
-- 
Nicholas Pang         nyp00@cd.amdahl.com       
Amdahl Corporation    nyp00@outs.ccc.amdahl.com
From: artg@titanic.watson.ibm.com (Art Goldberg)
Newsgroups: misc.invest
Subject: Cable's secret weapon
Date: 13 Apr 92 01:29:24 GMT
Organization: IBM T.J. Watson Research Center


A fascinating cover story in Forbes this week talks about how
Cable TV is more likely than the phone companies to offer custom
digital service to the home.  

They offer some intreging  statistics:  60% of US homes have cable,
another 33 can be easily hooked up.  93% of homes have phone
wires.  (can it really be that low?)  

Cable, evidently, can run only 100 m without an amplifier.
They talk about how much more bandwidth Cable can carry than
twisted pair.  coax - 1 gigahertz,  twisted pair - 4khz.  (my
understanding is that you can push a megabit down a twisted pair
if you're clever.  but there is no way to push 100s of video
channels, which take between 2 and 10 m hz , depending on resolution and
compression.)

The lines into the home account for 75% of the cable company's
investment, which judging by their debt is about $1000 per home.
The trunk and feeders make up 19% of the equity, the central
control %6.  Cable companies are running extensive fiber today,
so that the last switch in the network is a `hub' thats
at most a couple of amplifiers from the home outlet.  This means
that they'll have a computer switch that lets them control
the output for each group of 500 homes.  Since there are alot
of channels in the line the result is that they can provide
`individually switched video' (or digital data, of course).  

One company, Liberty Media Inc, offers a service called X*press
that provides 35 news wires, weather reports, movie reviews, etc.,
for between $5 and $25 per month.  (If you guys are on the net,
tell us more please.)

The cable companies are also getting involved in providing
phone service by letting cellular carriers use their fiber networks
and headend switches.   They also provide computer network service.
DEC runs `ethernet' over a Cablevison Systems fiber/coax cable.
(DEC guys, can you tell us more about this?)  

The 5 biggest cable companies they list are:
company                  subscribers       cash flow per   debt     price
                         (millions)        share  1991     ($bil)
Tele-communications inc  11                $ 3.67           9.7      16
TIme warner              6.7                24.50           8.8     106
Comcast corporation      2.8                2.40            1.7      16
Jones intercable         1.7                4.00            0.3      12
Cablevision systems      1.6               12.00            2.2      30


these serve half the 55 million cable subscribers in the us.

my instinct is that cable will provide us with alot more service in the
next few years and that the systems should be able to generate more
cash flow without many more expenses.   your thoughts?

-- 
Arthur P. Goldberg
H1-A11, Box 218, IBM Research Center, Yorktown Heights, NY 10589
voice: 914 784-7608 FAX: 914 784-6307
email: artg@watson.ibm.com
From: raj@hpfcso.FC.HP.COM (Bob Jewett)
Date: Mon, 6 Apr 1992 17:45:55 GMT
Subject: NYSE Holidays
Organization: Hewlett-Packard, Fort Collins, CO, USA
Newsgroups: misc.invest

Would some post the NYSE holidays for 1992?  Thanks.

Bob
Newsgroups: misc.invest