HDTenEightyP/NetNews huggingface dataset:
From: rteasdal@polyslo.csc.calpoly.edu (Rusty)
Newsgroups: misc.invest
Subject: Re: Superbowl and the Stock Market
Date: 25 Jan 93 19:21:36 GMT
Organization: Cal Poly State Univ, CSC Dept, San Luis Obispo, CA 93407

In article <4369.2825.uupcb@synapse.org> doug.hewko@synapse.org (Doug Hewko)  writes:
>From: doug.hewko@synapse.org
>
>
>There was a study on this by Thomas M. Krueger and William F. Kennedy 
>in the June 1990 edition of the Journal of Finance.  The article is on 
>page 691, and is called "An Examination of the Super Bowl Stock Market 
>Predictor".  Very basically, the Super Bowl Stock Market Predictor 
>(SBSMP) was very accurate (91%) and someone following this strategy 
>would have beaten the market over the 1967-1988 period.  (The authors 
>only studied the 22 year period from 1967 to 1988.)  Of course, they 
>also caution you that the SBSMP may not hold true in the future... :) 
>

	There are other odd correlations with the Super Bowl, as
well. An article in yesterday's paper observed that there is one
day of the year on which domestic violence rises to a yearly peak,
when more calls to crisis hotlines by battered women are recorded
than at any other time.

	The infamous day in question is Super Bowl Sunday. Sad but
quite true.

	{I suppose followups should go somewhere other than misc.invest}



-- 
||||||||   Russ Teasdale -- rteasdal@polyslo.CalPoly.EDU  --  (Rusty)  ||||||||
-------------------------------------------------------------------------------
"Gentlemen, if we do not succeed, then we run the risk of failure." - D. Quayle
From: RROXBY@MAINE.MAINE.EDU (Robert Roxby)
Newsgroups: misc.invest
Subject: Where Current Consmr Price Idx?
Date: 27 Jan 93 02:19:04 GMT
Organization: University of Maine System

Where could I find this month's value of the consumer price index?
Not the % change from last month, quarter, etc, but the actual
value.  I know it appears in a montly compendium of statistics
published by the Department of Labor, but that is about 3 mo.
late.  Does it take 3 mo to calculate it?
From: clong@remus.rutgers.edu (Chris Long)
Newsgroups: misc.invest
Subject: Re: The Elliott Wave analysis
Date: 24 Jan 93 03:21:03 GMT
Organization: Rutgers Univ., New Brunswick, N.J.

In article <1993Jan22.200642.13745@news.columbia.edu>, Rong Shen writes:

> 	I have a simple questions. What is the Elliott Wave analysis?

Like so much technical analysis, it's bad science.

> Is it related to technical or fundamental analysis?

Technical, but don't waste your time with it.
-- 
Chris Long, 265 Old York Rd., Bridgewater, NJ 08807-2618

Score: 0, Diff: 1, clong killed by a Harvard Math Team on  1
From: tut@cairo.Eng.Sun.COM (Bill "Bill" Tuthill)
Newsgroups: misc.invest
Subject: Chevy's stock?
Date: 28 Jan 1993 18:19:39 GMT
Organization: Sun Microsystems Inc., Mountain View, CA
Distribution: usa
NNTP-Posting-Host: cairo

Chevy's is a Mexican restaurant chain that's getting quite common
in northern California.  In an area known for mediocre Mexican
restaurants, Chevy's is several cuts above average.  They always
seem crowded every time I go, even on weekdays.

So, is Chevy's part of some other publically traded company?  I
don't see them listed on any of the exchanges.  Except in Texas,
New Mexico, and southern California, I should think the market
for good Mexican restaurants is wide open.

Newsgroups: misc.invest
From: jaeastman@anl.gov (Jeff Eastman)
Subject: Re: Interest rates on US Savings Bonds ...
Followup-To: misc.invest
Organization: Argonne National Laboratory
Distribution: na
Date: Tue, 26 Jan 1993 15:46:10 GMT

In article <1993Jan26.065530.9180@amc.com>, john@amc.com (John Sambrook)
wrote:
> 
> Howdy :-)
> 
> I'm working my way through the (excellent!) book "Computer Aided
> Financial Analysis" by Ross M. Miller, and I thought I would go ahead
> and try my hand at creating some valuation models.  For this first
> attempt, I'm working on creating a valuation model for Series EE US
> Savings Bonds.  
> 
> If I understand correctly Savings Bonds pay interest as follows:
> 
>     1.  The normal interest rate is 85% of the average five-year
>         Treasury rate, for the period the bonds were held.
> 
>     2.  If the bonds are held for five years, the interest rate
>        	is guaranteed to be at least 6.0%. 
other stuff deleted: 
> -- 
> John Sambrook                             DNS: john@amc.com
> Applied Microsystems Corporation	 UUCP: amc-gw!john
> Redmond, Washington  98073               Dial: (206) 882-2000 ext. 630

I thought I read in November that the guaranteed rate after five years
was lowered to just over 5%, but that the intermediate rates were not
affected. Does anyone have any info on this?

Jeff Eastman
jaeastman@anl.gov
Newsgroups: misc.invest
From: feldstei@silver.ucs.indiana.edu (Ronald F. Feldstein)
Subject: Heartland Value Fund
Organization: Indiana University
Distribution: na
Date: Thu, 28 Jan 1993 01:22:08 GMT

By the way, one of the top "value" (i.e. low P/E) funds is now in a
hiatus between getting rid of its 4.5% front-end load and establishing
a new 3% back-end load.  While in this window (for around 2 more weeks),
the fund will function as a real "no-load."  It is the Heartland Value
Fund, run by W. Nasgovitz, from Milwaukee.  Phone 800-432-7856 for
details.
From: chedley@rigel.cs.pdx.edu (Chedley A. Aouriri)
Newsgroups: misc.invest
Subject: Re: Growth mutual funds
Summary: Diversify
Date: 22 Jan 93 03:47:13 GMT
Article-I.D.: pdxgate.6734

In article <1jg6puINNage@network.ucsd.edu> mbk@lyapunov.ucsd.edu (Matt Kennel) writes:
> ....[about investing in growth stock mutual funds]...
>
>Is now a good time to move in?
>
It depends.  If you are in for the long term, then any time is 
a good time to get in.

But if you are in for the intermediate or short term, then you may
want to be a little bit extra careful.
For one thing, the stock market is a little bit over-valued and is
pretty vulnerable to a reasonable down slide. At least that's what
many experts think.
Then, growth stocks have been everybody's darlings for the last couple
years. Which means they may not have lots of upside potential left in them.

So, if you are in for the short or intermediate term, you may want to
wait a little before jumping in. In any case, do not commit all
your money to stocks. Split your investments between stocks, bonds
and cash with no more than 60% in stocks...Your mileage may vary...

..CHEDLEY..

.CHEDLEY..  chedley@cs.pdx.edu
------------------------------------------------------------------------
Standard Disclaim: The above statements and opinions are strictly mine,
and do not represent any organization's position.
Newsgroups: misc.invest
From: ask@cbnews.cb.att.com (Arthur S. Kamlet)
Subject: Re: Closing Options Trading...
Organization: AT&T Bell Laboratories,  Columbus, Ohio
Distribution: usa
Date: Tue, 26 Jan 1993 03:34:32 GMT

In article <1993Jan25.213505.9172@head-cfa.harvard.edu> ov@head-cfa.harvard.edu (Olaf Vancura) writes:
>I have a couple of questions regarding options trading.  Here's an
>example.  Let's say a buy an option to call XYZ corp. for $40; I own no
>shares of XYZ.  At some later time, XYZ is $50 a share.  I wish to "close" 
>the deal, i.e.  take my profits and bail out.  Now I understand that I 
>could just exercise the option to buy at $40, and sell the shares at $50.  
>But by doing this I lose some of the intrinsic value of the option, namely 
>the time remaining before it expires.  So I would guess that I could sell

No -- that's part of the option price.

>the option for something slightly more than $10.  Can this transfer be done,
>leaving me free and clear?  Or is this merely writing a new (naked) option 
>to call at $50?  What would the risks here be?  If this isn't the way to
>cash out, how does one "close" the deal?!  Any info. much appreciated!

There's a pamphlet most brokers will send you free, called something
like: rewards and risks of trading listed options.  It gives a few
examples, and defines terms very well.   The misc.invest FAQ also
talks about options.

Really quickly:  If you buy a  call option  for XYZ March 40s, and
the stock is now trading around 40,  you have paid a time-value
premium plus a commission.  You have the right to buy XYZ common
stock at $40 any time until the expiration date in March (the third
Friday -- technically the Saturday, but your broker is closed
Saturday, right?)

You could exercise the option, but almost no regular trader does.
Those who do have a zillion options and negotiate exceptionally good
commissions.  What you would do is sell the option. Make sure your
broker understands you are selling your long option, and you are not
writing a new option.  If a mistake is made here, it can be
straightened out, but could also be messy.  One way to guarantee
you buy and sell back (close) that same option position is to
maintain only a cash account, and not a margin account.  That's
overkill, however.

The time value will decrease as the expiration date approaches, and
who knows how the price of the stock will move?  You pay your money
and take your choice.  You think the price will continue to rise
faster than the time value of the option falls, then hold out a
while.  You want to lock in a sure profit, and still get the maximum
time value then sell the option now.
-- 
Art Kamlet  a_s_kamlet@att.com  AT&T Bell Laboratories, Columbus
Newsgroups: misc.invest
From: acheng@ncsa.uiuc.edu (Albert Cheng)
Subject: Re: rollover into 2 funds, ok?
Originator: acheng@shalom.ncsa.uiuc.edu
Organization: Nat'l Ctr for Supercomp App (NCSA) @ University of Illinois
Distribution: usa
Date: Thu, 21 Jan 1993 21:29:51 GMT


In article <1993Jan21.185622.20641@cbnews.cb.att.com>, ask@cbnews.cb.att.com (Arthur S. Kamlet) writes:
>Each Fund may charge you a custodian fee; Vanguard charges $10 per
>year per fund.  You should make this fee a separate payment, written
>with a separate check.  Otherwise you will have withdrawn (perhaps a
>Not Permitted withdrawal) the fee from your account; the Fund
>Custodian will take the fee from your account and you will be stuck
>with a withdrawal.

Is that (custodian fee from accout) count as withdrawal?  I have a
403b with Fedility with $12 a year fee.  They just take $4 each
quarter (Hm... that does not add up.) for fee.  Fedality never
sends me any bill for it; they just do it.  Will IRS go after me
for this "early withdrawal" that is not initiated by me?
From: cola@hplvec.LVLD.HP.COM (Ken Colasuonno)
Date: Tue, 26 Jan 1993 17:08:19 GMT
Subject: Re: Quicken sources
Organization: Hewlett-Packard Co., Loveland, CO
Newsgroups: misc.invest


After checking lots of places, I found it Best Buy was the best buy.
Got it for $28.mumble.  Everyone else (Sams, Pace, Office Depot,
Babages, Software etc.) was around $37 - $39.  Mail order prices
varied between $40 - $45.  The windows version was from $5 to $10
cheaper.  Guess I missed the mega-sales during Xmas.

Ken
From: fritz@fc.sde.hp.com (Gary Fritz)
Newsgroups: misc.invest
Subject: Re: Ken Roberts
Date: 27 Jan 93 22:33:27 GMT
Distribution: na
Organization: HP SESD, Fort Collins, CO
NNTP-Posting-Host: hpfcgf.sde.hp.com
X-Newsreader: TIN [version 1.1.4 PL6]

Mark Parsons (mparsons@fleming.csc.bcm.tmc.edu) wrote:
: Yep, Ken lost all my 'play' money, too.  But I did my own trades and
: turned $5K into $13K . . . . 'play' money, that is.  I ended up using
: my 'real' $5K somewhere else at the time . . . . not quite the right time
: for me to risk the $5K.  The ideas and notes I took were worth the
: course.  I found out a lot about the commodities market that I didn't
: know about.

Interesting.  Sounds like you read the market better than he did.
Was this based on what you learned in his course?  (If so, how did you
apply his knowledge better than he did??)

Given what you've learned, do you ever play the commodities market now?
Or did you decide it's just too risky to mess with?

Gary
From: kanazawa@cs.ubc.ca (Keiji Kanazawa)
Newsgroups: misc.invest
Subject: Cowen & Co.
Date: 26 Jan 93 14:57:08 GMT
Organization: UBC Department of Computer Science
NNTP-Posting-Host: miller.cs.ubc.ca


Does anybody know anything about Cowen and Company?  Background,
anything.  Please reply by e-mail.

Thanks.

--

Keiji Kanazawa
kanazawa@cs.ubc.ca
From: rlcarr@animato.network23.com (Rich Carreiro)
Newsgroups: misc.invest
Subject: Re: Olde Discount Brokers?
Distribution: world
X-NewsSoftware: GRn 1.16f (10.17.92) by Mike Schwartz & Michael B. Smith
Date: 21 Jan 93 08:22:03 EST
Organization: The Other Side of Life

In article <1993Jan19.181045.25883@newsgate.sps.mot.com> gossain@valhalla.sps.mot.com (Raj Gossain) writes:
> Is anyone out there familiar with Olde Discount Brokerage? 
> They have been advertising heavily in the Phoenix area as a
> full service, discount brokerage that provides low-cost
> commissions and analyst reports on companies.  Looks like
> a great idea, but has anyone else heard of them?  Since Arizona
> is the land of Charlie Keating, I'm a bit skeptical of some
> of the financial practices out here :-).

I had an account with the in RI.  They didn't seem too bad, though they
did botch one of my orders.  However, when I got the confirmation and
saw that they had bought the wrong stock, and called them up, they were
willing to null out the order and get the stock I wanted.
Now, if you go with OLDE, you have to be willing to start receiving calls 
from them trying to push you into buying things -- in this regard they
are more like a traditional broker.  Also, their prices are nowhere near
as good as places like PBS, Waterhouse, etc.

> Also, can someone tell me how difficult/expensive it would be
> to transfer my brokerage account (or only part of it) from Schwab 
> to Olde, Kennedy Cabot, etc.  In particular, I have some stocks in

Not hard at all.  When you open the account with the new firm,
they'll ask you if you want to transfer an account.  You say yes,
and they'll send you a transfer form (an ACAT).  You fill it out and mail
it back to the new firm.  They will contact your current firm and arrange
the transfer.  This can possibly take as long as 2-3 weeks, so find out
from both firms what the status of your account will be during the transfer,
i.e. is it frozen, can you still trade, etc.?  Unless your old firm has
modified it's account agreement to charge you when you "fire" them,
the transfer is free.  Once the transfer is complete, you can sell the shares
from the new account.

-- 
Rich Carreiro                                  Home: (401)841-8514
rlcarr@animato.network23.com
uunet.uu.net!animato!rlcarr
From: fajack@cc.usu.edu
Newsgroups: misc.invest
Subject: Re: how good is investor business daily ?
Date: 27 Jan 93 20:09:17 GMT
Organization: Utah State University

In article <1993Jan27.151616.29475@ncsu.edu>, kester@mte.ncsu.edu (Dan Kester) writes:
 
> They offer (at least they used to) a free 2 week subscription.  Maybe someone
> can post the phone number?
> 
> I read O'Neill's book (he's the publisher of IBD), in which he explains his
> investing method. The guy may be good at investing, but he sure can't write!
> One of the most poorly written books I've run across!
> 

	Agree !!  I just finish reading that book, and I don't have the
slighest idea of what he is talking about regarding watching the market.  He
also does some promotion for his paper IBD in that book.
	I read Peter Lynch's book recently, and it was great fun.   There
is another good book named Stock Primer (I think ?) which is in its 7th edition
By the way, it there any other stock market book that is on par with these 
two ?  

Jack Teh

> Dan Kester
> kester@mte.ncsu.edu
> 
>
From: schin@acs.bu.edu (neil schier)
Newsgroups: misc.invest
Subject: American Management Sys, American Power Conv, Meca Soft, Biomet
Date: 23 Jan 93 19:51:07 GMT
Organization: Boston University, Boston, MA, USA
Originator: schin@acs.bu.edu

Hello

I got a hold of the One Billion Plus and Fastest Growing NASDAQ guide.
The following stocks seemed quite interesting. I was wondering if anybody 
out there had an opinion on them
1.Biomet
2.cisco Systems
3.Adobe
4. good old Microsoft
5. Southland
6. Rally's
7. Random Access
Also
1. American Management Systems
2. American Power Conversion
3. Meca Software (USA Today Pick)
4. Checkers
5. Cineplex Odeon
6. Steve's Ice Cream

Thanks in advance for everyone's kind consideration
Neil Schier


Newsgroups: misc.invest
From: dgorbet@rainbow.UWaterloo.ca (D.P.H. Gorbet)
Subject: Re: Superbowl and the Stock Market
Organization: University of Waterloo
Date: Fri, 22 Jan 1993 16:03:49 GMT

In article <1jk2hiINN9uk@usenet.INS.CWRU.Edu> jxs18@po.CWRU.Edu (Jerry Sy)  
writes:
> 
> Has anybody heard about the relation of the superbowl and the stock
> market ?  I've heard about it sometime ago but don't remember much of
> the details.  It goes something like if the AFC wins stocks go up,
> (or is it the other way around) and said that year after year, it has
> been accurate!
> 
It is mentioned in the book "A Random Walk Down Wall Street".  There is  
also the women's skirt length - stock market relationship.

The feeling in the book (and I agree) is that this is simply a correlation  
and that there is no causal relationship at work here.  (i.e. don't put  
your money on it.)

-- Dave
From: jack@richsun.cpg.trs.reuter.com (Jack Gidding)
Newsgroups: misc.invest
Subject: Re: Any thoughts on Bristol-Myers?
Keywords: BMY implants taxol lawsuit
Date: 21 Jan 93 14:12:19 GMT
Distribution: usa

In article <29951@oasys.dt.navy.mil> wade@oasys.dt.navy.mil (Michael  
Wade) writes:
> 
> Our investment club is considering purchasing Bristol-Myers Squibb  
(BMY).
> However, this stock has recently been pummeled by the hysteria over
> Clinton's proposed health care reform.  

Mike,

I think that the stock price has another factor besides the Clinton  
hysteria. BMY lost a case in Houston last month for $25M.  The case  
against BMY was that the silicone breast implants produced by the  
company caused an irreversible medical condition.  After loosing the  
case, many similar lawsuits have been filed. (The story that I am  
reading says 1150 have been filed, in the area around Houston,  
against several manufacturers)

Before investing, maybe you should check into how much money is at  
stake if the company should loose all of the lawsuits and have to  
reward similar damages. What will the cost be to the shareholder?

I had signed up to buy one share of BMY through the Moneypaper's drip  
program. Luckily, BMY recently upped their DRIP requirements to a 50  
share minimum, so the Moneypaper wouldn't buy the share for me.

All in all, I think BMY is a great company. Their Taxol drug is very,  
very promising. (That's why I decided to buy BMY....besides their  
excellent earnings). Unfortunately, these pending cases are a black  
cloud hanging over the company. In the end, if they loose, it will be  
alot of new shareholders that get to pay for previous mistakes.

Jack Gidding
jack@richsun.cpg.trs.reuter.com

Newsgroups: misc.invest
From: watanabe@cs.uiuc.edu (Larry Watanabe)
Subject: Re: Janus Twenty
Organization: University of Illinois, Dept. of Comp. Sci., Urbana, IL
Distribution: usa
Date: Wed, 27 Jan 1993 20:26:08 GMT

gs38@cunixf.cc.columbia.edu (Gopalakrishnan Subramaniam) writes:

>Someone was interested in the holdings of the janus twenty.
>The following info is true as of Oct. 92.

>86% invested in 24 stocks.

>32% banking and financial ( 8 stocks including bancone, nationsbank,
>				merril lynch, etc.)
>15% drugs (amgen, synergen, and pfizer)
>16% tech and retail (walmart, hom dep, intel, msft)
>18% (telmex, circus circus, amoco, duracell, phil. morr)
>5% (reuters, lonestar, cocacola, kroger)

Warning to the unwary: these were great stocks to buy BEFORE
Janus purchased them. If you buy them now, you could be in
for a nasty surprise when Janus sells 4 billion worth of
these in the process of turning over its portfolio 
(which I think Janus 20 does at least once a year).

-Larry Watanabe watanabe@cs.uiuc.edu

Newsgroups: misc.invest
From: watanabe@cs.uiuc.edu (Larry Watanabe)
Subject: Re: YOUR stock picks
Organization: University of Illinois, Dept. of Comp. Sci., Urbana, IL
Date: Sun, 24 Jan 1993 19:56:12 GMT

cfwpm@ux1.cts.eiu.edu (Bill McGown) writes:

>For some excellent choices of stocks to consider look at Barron's
>for this week, last week and next week! There were some very good
>ideas expressed in both choice and reason for choice. Give it a
>look.  (They must have named at least 60+ stocks that one could
>consider.)

>Bill

>-- 
>**************************************************************
>W. P. (Bill) McGown                     Eastern Ill. Univ
>cfwpm@ux1.cts.eiu.edu                   Psychology Department
>                                        Charleston, Il. 61920

I agree that there are some good picks there -- but
there are a lot of mixed signals coming out.

From what I understand, Lynch recommended Body Shop last year,
and is recommending it again this year, at half it's price.
It's not his fault the price dropped in half. Still, if you
had bought it last year ..

There are always a lot of undertones in these Barron's 
discussions. For example, consider Chock Full of Nuts
(which I was considering). Mario Gabelli recommended it
(and it is in many of his funds) but the future potential
seems to depend on so many ifs. 

	"Other companies could get into that too?"
	"Yes, Chock Full of Nuts has to move fast ..?
	"Wouldn't they be going into competition
	  with their own customers?
	"Yes, but .."
	"Is the management actively pursuing this?" 
	"No, but they just have to .."

I was also thinking that Eastman Kodak still looked like
a good buy despite it's recent price run-up. But the
interviewer asks 

	"What's the upside?"
	" .. "
	"That's all the upside?"
	"How many shares do you have?"
	"More than a million? .."

I was also thinking that Loews, Nash-Finch, and Marion
Merrell Dow were undervalued. But, while I think they 
are safe buys, I get the feeling that they may be 
"permanently undervalued". All of the fund managers
seem to agree that they are selling below what they are
worth, but they also don't seem too confident that
they will sell for more, either. 

	"I admit there are good reasons why it sells 
	for a lot less than the others. But in 5 years time .."

A lot of their recommendations seem so ambiguous.

-Larry Watanabe watanabe@cs.uiuc.edu
From: mohammed@altrax.ils.nwu.edu (Blimpy Boy)
Newsgroups: misc.invest
Subject: Re: Monetta
Date: 25 Jan 93 20:16:46 GMT
Organization: ShoeGazers Inc
X-Newsreader: Tin 1.1 PL4

jaeastman@anl.gov (Jeff Eastman) writes:
: Does anyone have any opinions on the Monetta mutual fund? Their
: literature sounds good: no load, approximately 1.5% annual
: management fee, good performance over the last 5 years (but
: not good this year), and low initial minimum investment ($100).
: Is there any reason not to open an account with them?
: 
: _______________
: Jeff Eastman
: jaeastman@anl.gov
: _______________


I invested in Monetta last November so I cant really tell you anything.
However, the fund plans to close when it reaches the 500 million mark
but not before March 1st. It had around 400 million in assets at the
end of December. Another fund that you may be interested in is FAM
Value ($2000 initial minimum). 


Riad
From: marrone@ee.fit.edu (Michael Marrone)
Newsgroups: misc.invest
Subject: Vanguard Small Cap Stock Fund
Date: 25 Jan 93 17:52:36 GMT
Organization: Florida Institute of Technology, Melbourne, Fl


	Anyone know anything about this?  I'm thinking of using this as
an IRA.  Especially now that the small stock funds are doing pretty well,
given the situation right now.  But looking at the previous history, it
hasn't really beaten the S&P 500 Index.  Anyone have any comments?
Also, the 1% rtransaction fee has got me a little wondering also.

	Any others that are pretty good that anyone can recommend?

Thanks for any advice.

Mike Marrone
Newsgroups: misc.invest