HDTenEightyP/NetNews huggingface dataset:
From: bert@terzon.uucp (Bert Campbell)
Newsgroups: misc.invest
Subject: Stock quotes on-line
Summary: not likely
Date: 11 Sep 92 14:12:10 GMT
Reply-To: bert@terzon.UUCP (Bert Campbell)
Organization: Terzon Systems Inc.

Every so often there are repeated requests for information about 
historical and quotation data for stocks from the internet.  I keep
waiting for someone to explain why this isn't likely to happen, but
I guess I'll be the somebody :-)

To put it in the simplest terms, the major exchanges copyright the
data.  As ludricous as it seems, they seem to control the legal right
to the dissemination of this information.  I know for a fact that if
you use a quotation monitor (there are several available that
get real-time stock trade data from FM subcarrier, satellite, cable, etc)
that you must agree that you will not redistribute the data via
electronic means, and the "exchange fees" are a substantial portion
of the cost.  There have been several "quote servers" and such
that pop up from time to time, but none seem to last.  I assume that
Clarinet has worked out the legalities of what it is doing.

Certainly, there are "fair use" rules that let you use limited
amounts of data.  Also, there are on-line services such as
Prodigy and CompuServe that will supply dribs and drabs, but
they really aren't good for getting anything more than say 100
or so quotes.

I'd be happy to hear any grounded refutation of this attempt at
explaining why the "internet mega stock data server" is essentially
a legal impossibility :-)

--
Bert Campbell      Terzon Systems Inc.  (214) 234-8222     CIS: 73777,1666
   uunet!{iex,dfwuug}!terzon!bert   INTERNET: iex!terzon!bert@uunet.uu.net
From: colburn@oswego.Oswego.edu
Newsgroups: misc.invest
Subject: Savings Bond Interest
Date: 14 Sep 92 11:45:39 GMT
Reply-To: colburn@oswego.Oswego.edu ()
Distribution: usa
Organization: Instructional Computing Center, SUNY at Oswego, Oswego, NY
Originator: colburn@cloy.oswego.edu

Could someone explain how interest works on EE bonds?  I know it is paid every
6 months and assume the dates are based on the month of purchase.  Does it
matter what day in the month you buy the bond?  Say I buy a bond today (9/14),
Would I be wasting the 2 weeks interest I'd get if I waited till 9/30?  Would
the interest be credited every 3/31 and 9/30? (So it'd be best to cash in on
4/1 for 10/1)

					Thanks for any info

+-----------------------------------------------------------------+
|  Bret Colburn                                                   |
|  CAE Link - Link Flight Simulation Division                     |
|                                                                 |
|  u6k75@lfkw2.bgm.link.com     or     colburn@oswego.oswego.edu  |
+-----------------------------------------------------------------+
From: jmuth@pyrps5.eng.pyramid.com (John Muth)
Newsgroups: misc.invest
Subject: Re: Any problems with U.S. Savings Bonds?
Date: 10 Sep 92 20:24:28 GMT
Distribution: usa
Organization: Pyramid Technology Corporation, Mountain View

In article <1992Sep10.002402.4065@cbnews.cb.att.com> ask@cbnews.cb.att.com (Arthur S. Kamlet) writes:
>
> < A discussion of the merits of US Savings Bonds >
>
>Another tax item is that EE bonds under certain circumstances can be
>used to pay tuition for you or your kids, and the interest is not
>taxable then.  (There are restrictive income limits, and if your
>income is too high, forget it.)

You aren't kidding about restrictive. The income limit is something like
$60K. This is WHEN YOUR CHILD IS IN COLLEGE. (How the h*ll do I know how much
I'll be making in 10 years when my kids are in college). 

In general, if you can afford to raise small children AND save for college,
you are probably over the income limit.

-John Muth
From: kmoore@ncsc.org (Kevin Moore)
Newsgroups: misc.invest
Subject: Re: Any problems with U.S. Savings Bonds?
Date: 11 Sep 92 20:40:52 GMT
Reply-To: kmoore@ncsc.org (Kevin Moore)
Distribution: usa
Organization: North Carolina Supercomputing Center

In article <183475@pyramid.pyramid.com>, jmuth@pyrps5.eng.pyramid.com
(John Muth) writes:
 >In article <1992Sep10.002402.4065@cbnews.cb.att.com>
ask@cbnews.cb.att.com (Arthur S. Kamlet) writes:
 >>
 >> < A discussion of the merits of US Savings Bonds >
 >>
 >>Another tax item is that EE bonds under certain circumstances can be
 >>used to pay tuition for you or your kids, and the interest is not
 >>taxable then.  (There are restrictive income limits, and if your
 >>income is too high, forget it.)
 >
 >You aren't kidding about restrictive. The income limit is something like
 >$60K. This is WHEN YOUR CHILD IS IN COLLEGE. (How the h*ll do I know how much
 >I'll be making in 10 years when my kids are in college). 
    Maybe by then they'll have raised the deduction for a dependent another
$100. That'll save you another $28! :)
 >
 >In general, if you can afford to raise small children AND save for college,
 >you are probably over the income limit.
 >
 >-John Muth

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
||  Kevin Moore                      North Carolina Supercomputing Center   ||
||  Scientific Support Analyst       3021 Cornwallis Rd.                    ||
||  (919) 248-1179                   Research Triangle Park, NC 27709       ||
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
From: RLM@MAINE.MAINE.EDU (Robert L. Metcalf NV1A)
Newsgroups: misc.invest
Subject: Layfield Resources, Inc. (LAY.V)
Date: 5 Sep 92 19:08:59 GMT
Organization: University of Maine System

Hi..

Does anyone know anything about Layfield Resources, Inc.?  They are
a Canadian mining, oil, and gas company that is traded on the
Vancouver Stock Exchange (VSE)...  I read in an ad they ran the Sept. 1992
Individual Investor that they have "optioned a major land position" that
borders a big diamond find in the North West Territories.  They also have
a 5% interest in the Pico Anticline Project, 30 miles north of L.A...
The company is expecting to net as much as $150M from this project *if*
it is successful in finding a large gas reserve.

Does anyone know anything else about this company?

Thanks..
Robert
RLM@Maine.Maine.edu

PS.  Their phone number is 1-800-667-6646
From: ar017@cleveland.Freenet.Edu (Nolan Whitaker)
Newsgroups: misc.invest
Subject: Re: Quotes Newsgroup?
Date: 12 Sep 92 01:10:12 GMT
Organization: Case Western Reserve University, Cleveland, Ohio (USA)
NNTP-Posting-Host: hela.ins.cwru.edu


There isn't one.  (you cannot get timely quotes over INTERNET
newsgroups.)

Correct me if I am wrong, but there are only 2 ways to get
current quotes over INTERNET:
1) COMPUSERVE
   Telnet hermes.merit.edu
   and log on with YOUR ACCOUNT  (not free---in addition to
   standard connect charges, there is a network surcharge of
    $11.70 per hour/ 19.5 cents per minute)

2. DOW JONES NEWS RETRIEVAL
   I am not sure about the procedure, but like Compuserve,
   you must also have your own account (ie: not free)

This is the most frequently asked question in the world
(at least it seems that way to me...)
From: jordan@IMSI.COM (Jordan Hayes)
Newsgroups: misc.invest
Subject: Re: stock market server on Internet?
Date: 3 Sep 92 21:53:20 GMT
Organization: Investment Management Services Inc., NYC

Danie Behr <dbehr@dos-lan.cs.up.ac.za> writes:

	Can anyone tell me about sources on the Internet that provide
	info on stock markets and/or access to relevant journals like
	Wall Street Journal, Investors Dialy.  I am not only interested
	in the USA.

This question comes up from time to time, and I always wonder if people
are seriously thinking they can get data for free.  On the other hand,
I wonder what it might take to get some ticks on the Internet.
Certainly it would take money.  But how much might people be willing to
pay?  If they could get it, what would they want?

This is not a marketing survey, nor an offer to track down a vendor who
might be interested in making ticks available over the net.  Rather,
it's a question about what people would find useful, and what they
might be willing to pay for it.

Email might be best, but I'll summarize if warranted.

-----

There are other examples of net-wide collaboration for things.  I
wonder what one for this would look like?

/jordan
From: aa536@cleveland.Freenet.Edu (Alayne M. Whaley)
Newsgroups: misc.invest
Subject: Re: Fidelity Newsletters
Date: 16 Sep 1992 00:53:59 GMT
Organization: Case Western Reserve University, Cleveland, OH (USA)
Reply-To: aa536@cleveland.Freenet.Edu (Alayne M. Whaley)
NNTP-Posting-Host: slc5.ins.cwru.edu


>>BTW, has anyone seen the Kiplinger magazine that ranks all of the stock and 
>>bond mutuals?  Have to give them credit for what appears to be a job well 
>>done!!

I though Kiplinger's rankings were more informative than Money's fund 
family rankings.  I haven't seen Business Week's mutual ranking/article.
Kiplinger's certainly didn't cover ALL funds tho...I noticed that one 
family which has at least 4 funds had only one listing in Kiplingers,
and another fund mentiponed in some article I read wasn't there either.

-- 
Alayne M. Whaley            ! "Roller coasters make me dizzy.
aa536@cleveland.freenet.edu !  Cotton candy makes me sick.
-----------------------------  I wish I had some bromo-fizzy.
Don McLean's - Circus Song     That would do the trick"
From: mancus@carla.NoSubdomain.NoDomain (Keith Mancus)
Newsgroups: misc.invest
Subject: Re: u.s. savings bonds
Date: 15 Sep 1992 22:11:28 GMT
Distribution: na
Organization: nasa-jsc

In article <1992Sep14.175755.27669@clipper.ingr.com>, ald@clipper.ingr.com (Al Date) writes:
>Right now, if held for 6 months, you get over 4% per annum, which puts CD's
>and money market funds to shame.

  Excuse me?  My money market fund has been paying 4%, and just fell to 3.8%
this month.  Considering that this is a fully liquid investment with
check-writing privileges, I hardly think a 4% savings bond "puts it to shame".

-- 
 Keith Mancus    <mancus@sweetpea.jsc.nasa.gov>                         |
                 N5WVR                                                  |
  "If I owned Texas and I owned Hell, I'd rent out Texas and live       |
  in Hell." -General Sheridan                                           |
From: doug_d@sdd.hp.com (Doug Deprenger)
Newsgroups: misc.invest
Subject: MESA, Inc. (MXP on NYSE). Any good?
Date: 10 Sep 1992 18:57:26 GMT
Organization: Hewlett-Packard, San Diego Division
Distribution: world
NNTP-Posting-Host: hpsdl126.sdd.hp.com

  I was perusing an article in Fortune (or Forbes, cant remember) that
discussed T. Boone Pickens and his Mesa, Inc. company. Mesa has one of the
largest natural gas reserves in the U.S. It recently converted from a LP to
a corporation. Its stock has gone from $2/share to over $10/share in the past
6 months. Its relative strength (in Investors Daily) is 93.
  After seeing what Hurricane Andrew did to natural gas rigs in Louisiana and
the expectations of a cold winter, Mesa seems like it has quite a bit of
potential. Any comments?

doug
From: wolf@sweetpea.jsc.nasa.gov (richard wolf 283-4136)
Newsgroups: misc.invest
Subject: Re: Expansion of Stock Exchange abbreviations
Date: 11 Sep 1992 19:05:58 GMT
Organization: McDonnell Douglas Space Systems Company

> Abbrn.           Company
> 
> AMAT
> MRK
> GM	 	General Motors
> MSFT	 	Microsoft
> TOY	 	Toys R' Us (? don't bet on this)
> RN
> F	 	Ford
> HAL
> GE	 	General Electric
> SYN
> HD
> MO
> DIS	 	Disney
> HWP	 	Hewlett Packard

Updating a few that I know off the top off my admittedlt pointed heasd,


> Abbrn.           Company
> 
> AMAT          APPLIED MATERIALS
> MRK           MERCK 
> GM	 	General Motors
> MSFT	 	Microsoft
> TOY	 	Toys R' Us (? don't bet on this)
> RN            RJR NABISCO
> F	 	Ford
> HAL           HALBURTON
> GE	 	General Electric
> SYN           SYNTEX CORP
> HD            HOME DEPOT
> MO            PHILLIP MORRIS 
> DIS	 	Disney
> HWP	 	Hewlett Packard
Newsgroups: misc.invest
From: jhc@m2lll.uucp (James H. Coombs)
Subject: Re: Fidelity Newsletters
Reply-To: jhc@iris.brown.edu.UUCP (James H. Coombs)
Organization: IRIS - Brown University
Date: Mon, 14 Sep 1992 15:33:22 GMT

In article <jparcel.1@sph.unc.edu> jparcel@sph.unc.edu (JAMES PARCEL) writes:
>I have recently been seeing alot of advertisements about Fidelity Fund
>Newsletters produced by third party investment groups.  Has anyone subscribed
>to any of theses services.  They publicize greater returns with their fund 
>choices than the returns that Fidelity gets for Magellan.

Fidelity Monitor.  Check out Hulbert's guide to newsletters for details
on performance.  H. also gives information on Fidelity Insight, perhaps
others (some have Fidelity portfolios in addition to broader
portfolios).

>Since I am a new Fidelity investor (bad experiences with previous company) I 
>am leery of the brochures that are provided.  Fidelity was highly 
>recommended to me for my 403b plan and I switched my IRA to them recently.

>BTW, has anyone seen the Kiplinger magazine that ranks all of the stock and 
>bond mutuals?  Have to give them credit for what appears to be a job well 
>done!!

Not as good, I think, as Business Week and Money.  I don't have the
Kiplinger, but found nothing in it to warrant purchasing the magazine.
Money had a good article comparing fund families.  I forget what else I
liked about Money's review.  Business Week gives a good risk adjusted
rating.

--Jim
From: C.V.Copas@lut.ac.uk
Newsgroups: misc.invest
Subject: Broker services
Date: 12 Sep 92 16:51:38 GMT
Reply-To: C.V.Copas@lut.ac.uk (Conn Copas)
Organization: Loughborough University, UK.

I've been considering currency options/futures/forward contracts here in the 
UK, and am wondering if anyone can recommend some brokers, either here or
Switzerland. I've posted to world just in case some in the US want to make me
jealous about the services you are reputed to have there. Questions :

1) Berkeley gave a rough estimate of a UK150 fee for intermittent options
transactions. Sounds high?  2) I'd like to be able to roll a currency contract
over into an equity investment deal, and thus theoretically save transaction
fees. Does this sound reasonable?  3) Is anyone offering interest on futures
margins?  4) Does anyone defer payment of options premiums until close of
contract?
Newsgroups: misc.invest
From: klur@cbnewsb.cb.att.com (david.s.klur)
Subject: Re: Phone no. for Pacific Brokerage
Organization: AT&T
Distribution: usa
Date: Tue, 15 Sep 1992 16:37:30 GMT

In article <SUDEEP.92Sep14122524@pundit.arc.UUCP> sudeep@arc.UUCP (Sudeep Sharma) writes:
>
> Would someone please post the telephone number
> for Pacific Brokerage.
>
> Thanx in advance
>
> Sudeep

			1-800-421-8395

Dave

Newsgroups: misc.invest
From: rdetweil@boi.hp.com (Richard Detweiler)
Subject: Re: Did Little Caesars buy Domino's?
Date: Tue, 8 Sep 1992 18:40:17 GMT
Organization: Hewlett Packard - Boise Printer Division (LAFS)

In article <92252.113410WJT101@psuvm.psu.edu> <WJT101@psuvm.psu.edu> writes:
>Hello.
>I am trying to clarify a news story I heard a couple of weeks ago and this
> is the only netnews group I thought might be able to answer my question.
> I understand Tom Monaghan has both his baseball team (Detroit Tigers) and his
> company (Domino's Pizza) up for sale.  I caught the tail-end of a story on I
> believe ESPN that said Monaghan had agreed to sell to Little Caesars.  Sell
> what?  His baseball team or the pizza biz?  I would assume it would be his
> pizza company but why would something like that have made ESPN??  Can anyone
> help me get to the bottom of this??  Thanks!!


The owner of Little Ceasars did indeed buy the Tigers from Monaghan.  As far
as I know, the Pizza business was not part of the deal.
From: ganesh@madras.sybase.com (Ganesh Sundaresan)
Newsgroups: misc.invest
Subject: Re: 401k Rollover Legality Question
Date: 5 Sep 92 00:22:59 GMT
Organization: Sybase, Inc.  Emeryville, CA


|> If you have an IRA that was funded with after tax dollars, you don't
|> want to mix your 401K pre-tax dollars with it.  Otherwise, I believe
|> uncle SAM taxes you again on the after-tax dollars when you finally
             ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
|> cash out at age 59.5 or so.
|> 

Not true. I suggest that anyone planning a rollover of 401(k) funds
write the IRS for the publication on IRA's, get it free of charge 
and read it. After-tax contributions to an IRA, if any, are considered 
"cost basis". When you start receiving IRA distributions, you pay tax
only on the fraction that's considered not part of the cost basis. 
The computation seems to be quite straightforward - not to mention 
inflexible. You can't specify at age 60 that you're first pulling out
your after-tax IRA money and going for your pre-tax money later, 
for example. Taxes are computed based on your IRA distributions 
for the year, the total value of all your IRA's, and the aggregate 
cost basis of all your IRA's.   

The only advantage I can see for not co-mingling after-tax
and pre-tax IRA funds is, you retain the option of a second
rollover of the pre-tax portion back to a new 401(k) plan
with another employer. There may be some benefits in doing so,
e.g. you can usually borrow up to 50% of your 401(k) money
and pay yourself interest, but you can't borrow against 
an IRA; you don't pay an annual custodian fee with a 401(k);
and sometimes you get to invest in load funds that you
otherwise like, due to the load being waived for your 
company plan. If you're a frequent fund-switcher/market-timer, 
you're usually better off with an IRA though.
 
I think I must be sick in the head - I thoroughly enjoy 
reading IRS publications. :-) It looks like a lot of the 
documentation is geared towards plugging loopholes exploited 
by incredibly twisted minds in prior years.

Ganesh.
From: timlee@public.btr.com
Newsgroups: misc.invest
Subject: Re: Star/Cirrus network access feenex
Date: 6 Sep 92 19:36:31 GMT
Reply-To: timlee@btr.com (Timothy J. Lee)
Followup-To: misc.invest
Distribution: usa

Amiga@cup.portal.com (Philip Barry Kirschner) writes:
|Yes, I have a card with citybank.They charge no ATM access fee's no matter
|which cirrus or nice bank I am on.It's good all over the world on 6 differ
|ent cash exchange systems.

Which bank is "citybank"?  Citibank FSB in California says that it
charges $1.25 to use its ATM card in someone else's ATM.

--------------------------------------------------------------------
Timothy J. Lee                 timlee@btr.com  ...!decwrl!btr!timlee
This message comes with no warranty, not even an implied warranty of
fitness for any particular purpose.
From: barmar@think.com (Barry Margolin)
Newsgroups: misc.invest
Subject: Re: Star/Cirrus network access feenex
Date: 5 Sep 1992 06:42:07 GMT
Organization: Thinking Machines Corporation, Cambridge MA, USA
Distribution: usa
NNTP-Posting-Host: gandalf.think.com

In article <1992Sep4.161635.3928@desire.wright.edu> newwave@desire.wright.edu writes:
>In article <1992Sep1.171620.26956@donner.SanDiego.NCR.COM>, josh@tara.SanDiego.NCR.COM (Josh Mereminsky) writes:
>> Does anyone else out there have accounts which waive the network access fee?
>I doubt it.

My credit union (DIRECT Federal Credit Union) waives ATM fees if you have
direct deposit of your paycheck.
-- 
Barry Margolin
System Manager, Thinking Machines Corp.

barmar@think.com          {uunet,harvard}!think!barmar
From: jparcel@sph.unc.edu (JAMES PARCEL)
Newsgroups: misc.invest
Subject: Fidelity Newsletters
Date: 14 Sep 92 14:57:34 GMT
Organization: UNC School of Public Health

I have recently been seeing alot of advertisements about Fidelity Fund
Newsletters produced by third party investment groups.  Has anyone subscribed
to any of theses services.  They publicize greater returns with their fund 
choices than the returns that Fidelity gets for Magellan.

Since I am a new Fidelity investor (bad experiences with previous company) I 
am leery of the brochures that are provided.  Fidelity was highly 
recommended to me for my 403b plan and I switched my IRA to them recently.

BTW, has anyone seen the Kiplinger magazine that ranks all of the stock and 
bond mutuals?  Have to give them credit for what appears to be a job well 
done!!

Thanks,
Jim
Newsgroups: misc.invest
From: tony2@prefect.uucp (21131-gozdz)
Subject: Re: Mutual Fund NAVs wanted
Organization: Bellcore, Livingston, NJ
Date: Mon, 14 Sep 92 16:24:22 GMT

In article <1992Sep14.125307.18336@mks.com> fredw@mks.com (Fred Walter) writes:
>tony2@prefect.uucp (21131-gozdz) writes:
>>As I said in one of my previous posts, if you buy a
>>trial one-month subscription to Investor's FastTrack, 
>>an on-line database of 740 mutual funds and indices
>
>Does this database include dividends for the mutual funds ?
>
>	fred
>-- 
>Disclaimer: everything I write is my *personal* opinion and does not represent
>or reflect the opinion of the company which employs me.

Yes, you'll get the amount of the distribution for any
of these funds (these dates are marked with white dots on the
NAV-vs.-date plot; just move the sursor there and
you'll see both the NAV and the amount of distribution).

Tony
-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-
Antoni S. Gozdz                tel  (908) 758-2931  |  Bellcore  NVC 3X-261
tony2@prefect.cc.bellcore.com  FAX  (908) 741-2891  |  Red Bank, NJ 07701, USA
                           no .sig, strictly business
From: cyf@drutx.ATT.COM (Charlie Farwell)
Newsgroups: misc.invest
Subject: Re: Cellular frequencies, 50% ROI!?
Date: 11 Sep 92 19:47:31 GMT
Organization: AT&T Bell Laboratories - Denver

in article <3480022@hpwrce.mayfield.hp.com>, kingsley@hpwrce.mayfield.hp.com (Kingsley Morse) says:
> 
  <stuff about purchasing frequencies>
> 
> Has anyone heard of Touchtone Engineering or the latest FEC auction. A 50% 
> annual ROI sounds too good to be true.

	And of course it is. I know nothing about Touchtone, but the
	entire lottery scheme for frequency allocations has been
	disasterous, and is likely to change. There was money to be made
	off this type of thing in the mid 80's, but no longer. Keep your
	7k away from these guys.

cyf@druco.att.com
From: davest@sequent.com (David C. Stewart)
Newsgroups: misc.invest
Subject: Re: Schwab One account
Keywords: bank cma
Date: 7 Sep 92 21:54:22 GMT
Article-I.D.: sequent.1992Sep7.215422.20988
Distribution: usa
Organization: Sequent Computer Systems, Inc.

ravi@xanadu.com (Ravi Pandya) writes:

>I recently opened up an account at Charles Schwab in order to exercise
>(and hold/invest) some ISOs. Looking over the services they provide
>with their Schwab One account - no fee checking, VISA debit card with
>ATM access, automatic sweep into my choice of money market funds,
>automatic margin loans on overdrafts - made me wonder whether there
>was any reason for me to keep my bank accounts and bank credit cards.

	Minuses about such "consolidation accounts":

	. These accounts are not guaranteed by the US Govt.  There
	is no assurance that money market funds will not go lower
	than $1 == 1 share (though such an event would surely shake
	confidence in the industry).

	. Since they are offered to allow you to consolodate all of
	your stocks, mutual funds, etc as well as cash, it allows
	the brokerage to keep track of all your assets, offering you
	"services" or investments when you reach a particular
	asset level.  Although this seems unlikely with Schwab,
	I don't like thinking about one company knowing
	where all my funds are.

-- 
David C. Stewart                       	uunet!sequent!davest
Sequent Computer Systems, Inc.		davest@sequent.com