HDTenEightyP/NetNews huggingface dataset:
From: chedley@carthago.intel.com (CHEDLEY_AOURIRI)
Newsgroups: misc.invest
Subject: Re: Direction of mortgage rates
Keywords: mortgage
Date: 25 Aug 92 19:10:57 GMT
Reply-To: chedley@carthago.intel.com (CHEDLEY_AOURIRI)
Organization: Intel-Corp,_Hillsboro,_Oregon

In article <l9ig4jINNsjd@exodus.Eng.Sun.COM>, chakng@perfect.Eng.Sun.COM (Chakchung Ng) writes:
|> 
|> I believe the rate will stay arround current level until the end of October
|> because of political pressure and not going down too much from current level.
|> 
I agree!
I also think interest rates are headed much lower, regardless of who
wins the upcoming presidential elections. The main reasons are:

-- Real interest rates (the difference between inflation and nominal
rates) are historically very high. They are bound to come down, even
if inflation picks up steam, which I do'nt believe.

-- Yield curve: is too steep. That is, the difference between long 
term rates and short term rates is very high by historical standards. 
Even when you factor a possible tightening by the FED (ie. higher 
short term rates), you still have a large comfortable differential.

-- Deflation: The deflation of the 90's is still continuing. The debt
overhang of the 80's has still ways to go. And the banks are not eager 
to make new loans anyway. This means lower demand for new loans 
(ie. lower interest rates) regardless of the FED's wishes. 

So, I would not refinance right away, and wait for 30 years fixed 
mortgages to touch the 7% mark.

-- 
..CHEDLEY..
..!{uunet|tektronix|ogicse}!littlei!chedley    chedley@carthago.intel.com     
------------------------------------------------------------------------
Standard Disclaim: The above statements and opinions are strictly mine,
and do not represent any company or organization's position.
......................................................................

Newsgroups: misc.invest
From: pop@dread.mitre.org (Paul O. Perry)
Subject: Re: Expansion of Stock Exchange abbreviations
Organization: The MITRE Corporation
Date: Fri, 4 Sep 1992 19:15:46 GMT


Is there an available list of abbreviations and corresponding company
names on the net somewhere ?

Thanks, Paul.
--
Paul O. Perry  pop@mitre.org   (617) 271-5230 Fax:(617) 271-5255
MITRE Corporation,  202 Burlington Road, Bedford, MA  01730-1420
Newsgroups: misc.invest
From: stgprao@st.unocal.COM (Richard Ottolini)
Subject: Re: use of frequent flyer coupons
Organization: Unocal Corporation
Date: Thu, 3 Sep 1992 15:19:57 GMT

In article <Btyo2I.ww@vcd.hp.com> johne@vcd.hp.com (John Eaton) writes:
>Steven A. Zedeck (saz@apollo.HP.COM) wrote:
>: I was just told that if you use a frequent flyer coupon
>: to get a free flight, you need to declare that as income.
>: Is this really true ?

The IRS has contemplated it.  Until they require the airlines to file
miscellaneous income forms (1099s) it will be hard to enforce.

The IRS has contemplated taxing just about everything including fringe
benefits at work such as medical, free parking, etc.  Often some congressman
steps in and stops them on behalf of voters or business lobbiests.
Newsgroups: misc.invest
From: pearson_steven@tandem.com (Steven R. Pearson)
Subject: Re: Financial Planning
Organization: Tandem Computers Inc.,  Cupertino, CA
Date: Fri, 28 Aug 1992 17:53:30 GMT

[assorted opinions re financial planning/ers deleted]

>> WARNING:  FLAME ON <<

> I am a representative for Primerica Financial Services. [etc...]
> 
> Don't know of any no-load funds that are REALLY great.

If this is *really* true, then it's only because you haven't tried looking for them.
As a whiz-bang financial planner, you have no reason to investigate products that
do nothing for YOUR bottom line.  That has no bearing on how good they might
be for an individual investor, but since when has that ever mattered to a commission
based planner?

> They are all a bit of a gamble, and as such,

I defy you to back this claim up with one shred of reality.
How is it that no-load funds are more of a gamble than loaded funds?
I especially like how loose you are with that word "all."
And I bet any number of your fee-only colleagues would be happy to disagree
with you.

> our company tends to shun them. 

Gosh, what a surprise...

>> FLAME OFF <<

-steve p.  (the facts are facts, the opinions are mine)
From: weenie@yenta.alb.nm.us (Dean Kerl)
Newsgroups: misc.invest
Subject: Wanted: NYSE ticker symbols
Date: 3 Sep 92 11:07:35 GMT
Article-I.D.: yenta.1992Sep3.110735.21221
Organization: yenta unix pc, rio rancho, nm


 
I'm looking for an electronic version of the current NYSE ticker
symbols with the company names. I'm trying to program my PC to
call CompuServe and update my database of stock quotes automatically.
I figure that since CompuServe only charges $7.95 with unlimited
usage I might as well get every stock available. An added bonus
would be American and NASDAQ symbols as well.
 
Dean Kerl
weenie@yenta.alb.nm.us
  
From: rauchfuss@hpfcso.FC.HP.COM (Brian Rauchfuss)
Date: Mon, 24 Aug 1992 16:39:12 GMT
Subject: Re: Reverse Stock Split
Organization: Hewlett-Packard, Fort Collins, CO, USA
Newsgroups: misc.invest

In misc.invest, rdetweil@boi.hp.com (Richard Detweiler) writes:
> 
> A stock I own just went through a 1-for-4 stock split meaning the 100 shares I
> had are now 25 shares.  So, why would they do this and what are the negatives
> and positives for the investor?
> 
> Thanks for any replys.
> 
> Dick Detweiler : rdetweil@hpdmd48.boi.hp.com

A penny stock (<$1) or low priced stock will do this to get more respect and
attention (money managers will often not consider a stock below $10).
Sometimes a stock that has fallen a great deal will do this to trick people who
do not follow the stock closely that it has not gone down.

I have heard that a reverse split is a bad sign for the future, and that many
stock fall.  I do not know if this is true, but the one stock that I owned that
did a reverse split fell about 50% afterwards.

----------------------------------------------------------------------
Brian Rauchfuss (Smokefoot)  "... the world could change in the blink
brian@hpfcbdr.fc.hp.com           of an eye."
Newsgroups: misc.invest
From: josh@tara.SanDiego.NCR.COM (Josh Mereminsky)
Subject: Star/Cirrus network access fee
Reply-To: josh@tara.SanDiego.NCR.COM (Josh Mereminsky)
Organization: NCR Corporation, Rancho Bernardo
Distribution: usa
Date: Tue, 1 Sep 1992 17:16:20 GMT



A friend of mine tells me that his checking account at a credit union does
not charge him a network accesss fee when using ATMs of other banks that
are on the Star or Cirrus networks.  I am charged $1.00 each time I use
another bank's ATM and was under the impression that this was an unavoidable
charge.  It seems unlikely that a bank would cover those charges for its
customers.  

Does anyone else out there have accounts which waive the network access fee?

If so, is there a limit to the number of ATM transactions you make per month
before being charged.  Also, do these fees vary from institution to
institution?

Thanks,
Josh Mereminsky
NCR Corporation - E&M San Diego
josh.mereminsky@SanDiego.ncr.com
Newsgroups: misc.invest
From: dwb@cbnewsb.cb.att.com (david.boyle)
Subject: Re: DOS based software to track one's investments
Organization: AT&T
Distribution: usa
Date: Fri, 28 Aug 1992 19:16:13 GMT

In article <1992Aug17.221247.23956@sj.ate.slb.com>, bob@sj.ate.slb.com (Bob Firestine) writes:
> Can anyone recommend a good, inexpensive, DOS-based program to keep track of
> other good stuff deleted

Along these lines, is there any investment-type shareware available so that
I can get a feel for investment type software packages.  Thanks.  
						Dave Boyle
From: stgprao@st.unocal.COM (Richard Ottolini)
Newsgroups: misc.invest
Subject: Re: Russia vouchers
Date: 2 Sep 92 15:40:32 GMT
Organization: Unocal Corporation

In article <1992Sep1.232958.17186@newshub.ccs.yorku.ca> dan@writer.yorku.ca (Dan O'Connell) writes:
>This may go down as one of my wildest ideas, but... 
>Recently Russia has announced that they were
>going to go private. All of Russian citizens
> would get some form of vouchers. These
>vouchers would have a face value of 10,000 rubles.
>Since this is only about $60.00 at the current
>rate of exchange, should you buy up a bunch of 
>these things at a discount, hold on for a while,
>and see what happens?

I believe some East European companies have tried this to some degree.
Many other countries have been privatizing national companies and utilities too.
I'd be concerned with the anarchy of doing this all at once.
I'd like to hear the monatarist view if any money system is strong enough to
handle such a large scale conversion.
Newsgroups: misc.invest
From: shelly@iscnvx.lmsc.lockheed.com (Sheldon Kay)
Subject: Companies that pay regular stock dividends?
Organization: Lockheed Missiles and Space Co.
Distribution: usa
Date: Fri, 28 Aug 92 16:35:33 GMT

Does anybody out there know of companies that pay annual small stock
dividends. Right now I only know of one ADM - Archer Daniels Midland (5%)
            _
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        |/ ___ \|   
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Newsgroups: misc.invest
From: yarri@ee.eng.ohio-state.edu (Douglas Yarrington)
Subject: what are stock options?
Organization: The Ohio State University Dept of Electrical Engineering
Distribution: misc
Date: Thu, 27 Aug 1992 06:47:33 GMT


Would some one do me the favor of describing the mechanism and methods
of trading stock options?

Thanks.

--douglas
--
_______________________________________________________________________________
 Douglas Yarrington                                 yarri@ee.eng.ohio-state.edu
Newsgroups: misc.invest
From: cep@taligent.com (Christophe Pettus)
Subject: Re: 401k Rollover Legality Question
Organization: Taligent, a little subsidiary of two really big companies.
Date: Wed, 2 Sep 1992 19:45:47 GMT

In article <1992Sep2.191302.23593@cs.brown.edu> jhc@iris.brown.edu.UUCP (James H. Coombs) writes:
>In article <BtyqpJ.FC3@apollo.hp.com> saz@apollo.HP.COM writes:
>>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.
>Can you give a reference on this?  Good book to read, something of that
>sort?  I asked salespeople at Fidelity before I moved some money, and
>they could not think of any reason not to put them together.  I'm sure
>that I can't split them apart now, but then I have managed to get only
>10% so far out of one 403b manager.

I recommend Consumer Reports' THE MONEY BOOK; it goes into this subject
in some detail.  Basically, if you ever put pre- and post-tax 401(k)
and/or IRA money together in one account, you have to do some
masterpieces of accounting unless you wish to be taxed _again_ on the
post-tax money when you take it out.
--
-- Christophe

"Black is the color of non-conformity.  Everyone has to have it."
	T-shirt company executive
From: rion@Ingres.COM (Rion Cassidy (x3357) OGT)
Newsgroups: misc.invest
Subject: Re: list of mutual funds?
Date: 1 Sep 92 19:45:12 GMT
Reply-To: rion@Ingres.COM
Organization: Ask Computer Systems Inc., Ingres Division, Alameda CA 94501

In article <KPC.92Aug31180649@zog.arc.nasa.gov> kpc@ptolemy.arc.nasa.gov writes:
>Is there a list of no-load stock mutual fund performance floating
>around?  (I was surprised not to see one here or in news.answers, but
>I did see the technology stock list.)

Charles Schwab offers a pretty good service on mutual funds (no fees on
over 80 of them) and puts out a phamphlet that covers around 600 mutual
funds.  The info there was compiled from Morningstar.  All the info is
free for the asking.  Just call your local office.

Rion
Newsgroups: misc.invest
From: gene@lgc.com (Gene Lege')
Subject: Re: Long-term direction of the dollar
Organization: Landmark Graphics Corporation
Date: Thu, 27 Aug 1992 17:39:04 GMT

In article <_bcn4sq.pmahler@netcom.com> pmahler@netcom.com (Paul Mahler) writes:
>devine@mttam (bob devine) writes:
>
>>Note that while the US dollar drops, this makes gold a more
>>attractive (and dependable?) currency.  Gold has gone up a
>>few dollars per ounce but if central bank intervention proves
>>to be ineffective, watch for gold to spurt up.
>
>>Bob Devine
>
>
>We seem to be in a deflationary spiral. It is not clear that gold will 
                    ^^^^^^^^^^^^^^^^^^^
>
>Paul Mahler                   internet: pmahler@netcom.com

It seems to me that, if anything, a falling/weaker dollar should be
viewed as both inflationary in and of itself, and to lead to indirect
inflationary pressure on the US economy...

"The dollar aint worth what it used to be..."


Am I missing something?

gL

--
Gene Lege' - Landmark Graphics Corporation - Houston, TX
glege@lgc.com

Newsgroups: misc.invest
From: barrada@infonode.ingr.com (Ahmed Barrada)
Subject: Re: The US dollar and the Maastrich (sp?) treaty
Organization: Intergraph Corporation, Huntsville, AL.
Date: Fri, 4 Sep 1992 19:16:50 GMT

In article <1992Sep3.213020.26294@tamsun.tamu.edu> henrik@stat.tamu.edu (Henrik Schmiediche) writes:
>
>    Hi,
>Sometime during this month (Sep 20?) the French voters will vote on
>supporting or rejecting the Maastrich (sp?) treaty. I was wondering if
>anyone knows if and how the strength of the dollar relative to other
>European currencies will be affected should the treaty pass (or fail)?
>
>--
>Henrik Schmiediche, Dept. of Statistics, Texas A&M, College Station, TX 77843
>E-mail: henrik@stat.tamu.edu  |  Tel: (409) 845-8886/9447 Fax: (409) 845-3144

If the french support the treaty then the ECU could become the new international
medium of commerce as oppose to the $US

Sincerly ,

Ahmed Barrada

--------------------------------------------------------------------------------

Ahmed Barrada
ALB24A , 104H / LR24A
Infrastructure Group / AEC
Intergraph Corp
Huntsville , AL 35894-0001 , USA

Internet: barrada@karam.b24a.ingr.com

205 / 730-8150 w , 205 / 730-8743 f
Newsgroups: misc.invest
From: goykhman_a@apollo.hp.com (Alex Goykhman)
Subject: Re: Nikkei breaks 17000.  Up 900+ more points.
Date: Fri, 28 Aug 1992 19:10:26 GMT
Organization: Hewlett-Packard Company, Chelmsford, MA

In article <27AUG199214520539@rosie.uh.edu> st1lv@rosie.uh.edu (McLeod, Stephen) writes:
>Well, I must say I'm beginning to get a bit nervous now.  The Nikkei is up about
>20% since last *THURSDAY* (7 days!).  I'm in but since I assume it is heading
>for a correction now and that it will lose 4-5% at that point I may begin taking
>small amounts out to lock in my profits on some of this.  For the largest
>part though, I'm 'letting my profits run...'  
>I go back in the hospital tomorrow or Saturday so it will be somewhat 
>challenging to watch over my portfolio during the next week.
>Good luck to anyone else currently investing in Japan!


    On 08/24/92 WSJ ran a front page story shedding some light
    on the reasons behind the current Nikkei rebound.  Here's a few 
    selected excerpts:
-------------------------------------------------------------------------
    "...officials at Japan's powerful Ministry of Finance made
    it clear in private discussions that they were devising a broader
    set of fiscal and regulatory stimulants for the enfeebled banks.

    World of of even the possibility of a rescue plan cheered investors.
    In the last three trading days the Nikkei stock average rebounded
    11.7%. ..."

    "After the Nikkei average sank 4.2% last Tuesday, Mr.Hats called an
    emergency press conference to announce the ministry would relax rules
    governing bank disclosure [sic] and dividend payments, thereby easing
    pressure on banks to raise cash by dumping shares."

    "The Ministry also indicated its support for a plan to create
    a giant, quasi-public finance company - a sort of Resolution Trust
    Corporation - to help liquidate the collateral, mostly real estate,
    backing banks' nonperforming loans."
--------------------------------------------------------------------------

    Make your own conclusions.

-- 
-----------------------------------------------------------------------------------
Disclaimer: all opinions are mine.
-----------------------------------------------------------------------------------
Newsgroups: misc.invest
From: philco@microsoft.com (Phillip Cooper)
Subject: Re: Economic effects of election results
Date: 01 Sep 92 15:28:01 GMT
Organization: Microsoft Corporation

In article <1992Aug27.195212.10137@adobe.com> kendall@adobe.com (Janice Kendall) writes:
>In article <5096@gdls.UUCP> mccabe@gdls.UUCP (Harold McCabe) writes:
>>In article <1992Aug25.201647.23240@cbfsb.cb.att.com>, mmokhtar@attmail.com (Mazen Mokhtar) writes:
>>> 
>>>   What would be the economic effect of a Bush win in November? How about
>>> a Clinton victory? I am not asking about the changes in the economy due
>>> to the policies they enact, I am asking about the changes due to their
>>> victory in and of itself. For example, a Clinton victory is likely to
>>> decrease the value of the dollar and improve the stock prices of medical
>>> complanies. A Bush victory might help car maker stocks.
>>
>>I read in the August 24 Fortune magazine, that more CEO's thought
>>that Bush would be better for business than Clinton.  One of them (Clinton
>>or Bush, sometimes I can't remember who is who) favors rebuilding the
>>US infrastructure, so that builders of bridges, highways, tunnels, etc
>>would benefit.  The article listed some companies, also.
>>
>>Harold McCabe
>
> Clinton favors rebuilding infrastructure.
>
> Janice Kendall    kendall@adobe.com    ...!{decwrl|sun}!adobe!kendall
>

Not to criticize or anything (any contribution has merit), but the above
comment (I believe) shows a real lack of perception.  It's kind of like
saying "Clinton favors reduced crime", or "Clinton favors reduced unemploy-
ment".  Of course he does.  So does Bush.  So does everybody.

The real answer is that both Clinton and Bush favor telling us whatever
they think will get them elected.  They have few (if any) deeply held
personal beliefs, and are almost entirely creatures of polling data.

If you really, honestly believe ANYTHING you are hearing these days from
both camps, I feel very sorry for you.  You are in for a rude awakening
about this time next year when all the campaign rhetoric and promises
have long since been forgotten and it's back to business as usual...

Phil Cooper 

>        "Giving power and money to the government is like giving 
>         whiskey and car keys to teenage boys."  
>
>		- P.J. O'Rourke, former gulf war correspondant, summing
>		up what he learned during two years of research on how
>		our government functions.
From: jberlin@falcon.aamrl.wpafb.af.mil
Newsgroups: misc.invest
Subject: Re: Any good intro to Economics Book?
Date: 27 Aug 92 08:15:32 EST
Organization: USAF AL/CFH, WPAFB, Dayton, OH

In article <1992Aug24.195205.11841@mprgate.mpr.ca>, harrison@mprgate.mpr.ca (Jeff Harrison) writes:
> I've just started getting into this whole investment thing and am finding
> it all rather confusing. I was wondering if anyone can recommend a good
> book on Economics which can introduce the concepts clearly to a laymen.
> I'm looking for topics such as
>   1) inflation
>   2) how it relates to interest rates
>   3) Why the dollar fluctuates (I know it's rather broad, but I'm just 
>      looking for an intro)
> 
> I'd prefer a Canadian economics book, but I'm sure that economic theories
> are pertinent regardless of country.
> 
-- 

    How about a Scottish economics book, namely Adam Smith's "The Wealth of
 Nations"?  I stumbled across a copy in a pile of old books we inherited,
 thinking it would be rather dry, but it is fascinating!  It discusses all
 of the above subjects (pounds sterling, rather than dollars, but it all
 works) and it was written over 200 years ago.  A lot of people refer to
 the book, but I don't know how many have actually read it.  A letter to
 the editor in today's WSJ quoted the book, the sender of the letter was
 a fellow by the name of Milton Friedman.


  Jim Berlin
 
"The opinions and views expressed here are strictly my own and do not 
necessarily reflect the official position of either the U.S. Air Force 
or its contractors."

Newsgroups: misc.invest
From: "Kee Yip" <kyip@moose.cs.indiana.edu>
Subject: info requested on England-France tunnel
Organization: Indiana University, Bloomington
Date: Sun, 30 Aug 1992 22:43:21 -0500


Does anyone know the name of the company which contructs the 
England-France tunnel and where can I buy this compnay's stock?

Thanks for any help.
From: wiegley@aludra.usc.edu (Wigs)
Newsgroups: misc.invest
Subject: Re: quoteweekly-August 28, 1992
Date: 4 Sep 92 20:26:12 GMT
Organization: University of Southern California, Los Angeles, CA
NNTP-Posting-Host: aludra.usc.edu


I'm just starting to get into all this investing stuff for a class and I
would like to know where I can get stock quotes from over the internet so
that I can do some cheap research.

I saw one article in this group named QUOTEWEEKLY and it seemed very much
like what I'm looking for.  Is there a way to "subscribe" to this weekly
stock quote so that I can regularly get it through e-mail and is there a
way to get any of the back issues of this service.  I.E. are they archived
somewhere available through anon. ftp?

I found one ftp file named stocks.Z but it is only for 87-89 years and
doesn't seem to include nasdaq which I'm interested in.  Does quoteweekly
have nasdaq?

well, summary: I'm looking for how to get stock quotes (daily or at least
weekly) through the internet and if possible weekly quotes for the past
three years.

I'm sure somebody else out there has need of this stuff as well and I'm
hoping that the investing gurus around here will be able to help me or
point me in the right direction.

thanks in advance,

Jeff Wiegley         wiegley@usc.edu
From: mcaldon@igc.apc.org (McAldon International Inc.)
Newsgroups: misc.invest
Subject: Re: Economic effects of election result
Date: 28 Aug 92 04:13:00 GMT
Nf-ID: #R:1992Aug25.201647.23240@cbfsb.cb.:-1624006356:cdp:1426500248:000:981
Nf-From: cdp.UUCP!mcaldon    Aug 27 21:13:00 1992


|Improve them??  Clinton, far more than Bush, is for slashing
|health-care costs.  I would think that the stocks of most
|pharmaceutical and medical companies would drop if Clinton wins.

Predictions about this may be tricky.  IF Clinton is able to provide
universal health care, the added volume of medications, etc., may well
make up for reductions in price.  I'm thinking about buying more Bristol
Meyers.
               
|Of course, whatever does happen, it'll happen long before November.
|Stocks were dropping back in June because they were afraid Perot might
|make it into the White House!
|-Steve

Are you implying polls will predict election results long before Nov.
3?  They were dead wrong in the last British election.  DMcKenzie

                         |        Vote for the environment          |
|    mcaldon@igc.org     |            Vote for AL GORE              |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
              
            
Newsgroups: misc.invest
From: topgun@chaos.cs.brandeis.edu (Chandra Bajpai)
Subject: Re: Charles Givens Organization
Organization: Brandeis University
Date: Thu, 27 Aug 1992 17:47:46 GMT

In article <1992Aug22.034750.611@morrow.stanford.edu> veeduh@leland.stanford.edu () writes:
>What does anyone know about the Charles Givens Organization?  Is the
>information useful?  Is it worth the money?  Is it a sham?

The Wall St. Journal ran a front page article about a year ago on how
Mr. Givens was a fraud,or at least what he claims is not true.

Try to find the article, it was quite informative. I'd stay away from the guy
myself.

-Chandra