HDTenEightyP/NetNews huggingface dataset:
From: ddavis@gain.com (David P. Davis)
Subject: Re: Dow Jones
Organization: Gain Technology, Inc.
Distribution: us
Date: Tue, 12 Jan 1993 06:07:02 GMT

In article <Jan.9.06.16.01.1993.3753@remus.rutgers.edu>, clong@remus.rutgers.edu (Chris Long) writes:
|> 
|> I'm looking into joining Dow Jones in order to be able to download
|> historical information on stocks (1 year), and to download stock
|> information at the end of each day.  Is it easy to do this on DJ
|> (I want all the stocks)?  Is DJ toll-free?  Good experiences with
|> it, bad experiences?
|> 
|> Is there a cheaper way to obtain the information I want?
|> -- 
|> Chris Long, 265 Old York Rd., Bridgewater, NJ 08807-2618
|> 
|> Score: 0, Diff: 1, clong killed by a Harvard Math Team on  1

-- 

Anyhow, $25/month gets you DJ news which is mainly articles that have appeared
during the last month(?) about almost every company there is.  Also a
historical DB of Dow averages, and stock quotes for just about every company.
There is one other DB you can access but it slips my mind at the moment.
Access for the flat-fee of $25/mo. is from 8pm-6am your local time.
Phone service is through Tymnet and SprintNet (can you say X.25?) and
living in N.J. there should be no problem getting a local number to dial.
My only real gripe with them is that late at night they update some of their
DBs, and you will be kicked out of the DB you are using for about 15 minutes
without warning.

						David Davis

--
David P. Davis
Gain Technology Inc.
Palo Alto, CA
ddavis@gain.com

Standard Disclaimer:

	The above does not represent the views and/or opinions of
	Sybase Inc. or Gain Technology Inc.

Newsgroups: misc.invest
From: gollapud@zax.eda.teradyne.com (Pramod Gollapudi)
Subject: Any info on SEEQ Tech ??
Originator: gollapud@zax
Organization: Teradyne, Inc. Boston MA
Distribution: na
Date: Mon, 4 Jan 1993 16:00:32 GMT


Hi Netters,

Heard a rumor that SEEQ Technologies, Symbol 'SEEQ' is expected to do 
well in the near future.  

Questions:

Does anyone know if they are going to announce something major or will
be bought out ??

Currently at $ 1.2, even a marginal fluctuation could be beneficial.  
Can some knowledgeable investor confirm/deny/advise ?

Thanks,

Pramod

gollapudi@atb.teradyne.com
Newsgroups: misc.invest
From: stgprao@st.unocal.COM (Richard Ottolini)
Subject: Re: flash memory
Keywords: flash memory, disk drives
Organization: Unocal Corporation
Date: Tue, 5 Jan 1993 16:25:44 GMT

In article <C0CzB4.JqF@cs.uiuc.edu> watanabe@cs.uiuc.edu (Larry Watanabe) writes:
>I have been hearing a lot about flash memory chips and how
>they will replace disk drives in computers.
>
>Perhaps more informed readers could tell me about the 
>economics of flash memory, disk drives, and the implications
>for the profitability of companies such as Seagate, Maxtor,
>Quantum, etc.
>
>I have the feeling that less informed security analysts
>have written off disk drive companies, which is why they 
>trade at relatively low P/E (besides the disk drive price war
>factor) but actually there is going to be a niche for
>disk drives for a long time to come.

May or may not be a niche market for portable computing where lower power of
flash memories are an advantage.

Remember there are many more people doing R&D on mechanical memories,
thereby discovering the most cost-effective production methods and keeping prices down.

There are a couple of mechanical techologies "in the lab" (for many years) that could increase
capacities 10-100 times and leverage off existing mechanical experience. These "just around the
corner" technologies include vertical recording domains and combined optical-magnetic.
Newsgroups: misc.invest
From: watanabe@cs.uiuc.edu (Larry Watanabe)
Subject: Re: Sea Containers Ltd.
Organization: University of Illinois, Dept. of Comp. Sci., Urbana, IL
Distribution: na
Date: Mon, 11 Jan 1993 03:46:30 GMT

shag@aero.org (Robert M. Unverzagt) writes:

>In article <7JAN199312364775@vx.cis.umn.edu> fqm6448 writes:
>> 
>> Does anybody know anything about this stock? I'm thinking about
>> buying it. It's P/E is about 10, price is about 15, and EPS is $2
>> and is expected to increase (Zacks).
>> 
>Well, which is it: P/E = 10, P = 15      ==> EPS = $1.50
>                   P = 15, EPS = $2.00   ==> P/E = 7.5
>                   EPS = $2.00, P/E = 10 ==> P = $20.00

>-- 
>       Rob Unverzagt        |   Last call for alcohol.
>  shag@aerospace.aero.org   |   Last call for freedom of speech.
>unverzagt@courier2.aero.org |                            - Jello Biafra

Actually, it should be:

		Div 	Yield   Price	 Change Interim Earnings 
SeaContain B	.20 	1.0 	20 3/8 + 2 7/8	Sep9m2.07	

SeaContain A	.77	3.8	20 1/2 + 2 3/8	

I think the "B" are non-voting shares that are convertable
1-1 into "A" voting shares. The earnings are listed as $2.07 for
9 months ending September, and no P/E is listed, perhaps because
of an extraordinary charge the previous year.

Judging by the change in price this week, other investors
have reacted to the news that the EPS is expected to increase.
There was also a recommendation by Eric Ryback, manager of
the Lindner Dividend fund, in Barron's.

-Larry Watanabe watanabe@cs.uiuc.edu

Newsgroups: misc.invest
From: cthorne@magnus.acs.ohio-state.edu (Charles E Thorne)
Subject: Re: Trading Places
Keywords: Eddie Murphy
Organization: The Ohio State University
Distribution: usa
Date: Tue, 5 Jan 1993 20:13:18 GMT

In article <C0CHxA.6A@spdg.com> jallred@spdg.com (John Allred) writes:
>Here's my understanding of the strategy:

>1.  Murphy and Ackroyd intercept the real orange juice Crop Report,
>which said "no problems with the current harvest".  They pass on to
>the Dukes (the rich guys) a doctored report saying that there will be
>problems with this years crop.

>2.  The trader for the Dukes, acting on the bogus crop report,
>believes that the price for frozen concentrated orange juice (fcoj)
>will go up, so he starts buying contracts before the official
>announcement of the Crop Report.

>3.  Ackroyd lets the Duke's Trader buy for awhile (while most everyone
>else stays on the sideline, waiting for the official release of the
>Crop Report), which raises the price.  After the price rise, Ackroyd
>starts selling big volumes ("Sell 200 fcoj at 142" sticks in my mind
>as Ackroyd's first bid), which starts driving the price down.

I don't know the details, but it's my impression that selling large
volumes of futures short requires money, stock and/or credit.  The
commodity exchanges aren't going to allow someone to come off the street
and incur huges financial liabilities without some backing.

>3.  Just before the official Crop Report release, Ackroyd has a huge
>short position, while the Duke's Trader has a huge long position.
>Someone is going to win big.  Someone is also going to lose big.

>4.  The real Crop Report is release, showing that there are no
>problems with this years crop.  Hence, there will be no shortage, so
>no price rise.

>5.  The current price is still somewhat high, since the Duke's Trader
>was buying so much before the report release, so every other trader
>starts selling, believing that the price will go down.  Since everyone
>_is_ selling, the price does go down.

>6.  Ackroyd and Murphy wait awhile for the price to go down more, and
>then say "Buy 'em", so as to cover their short position.  

>7.  At the end of the trading session, Ackroyd and Murphy have huge
>gains (they sold high, then bought low), while the Dukes have huge
>losses (they bought high, and sold low.)  

Charlie
From: elliott@aero.org (Kenneth B. Elliott III)
Newsgroups: misc.invest
Subject: What's up with Texas Inst.?
Date: 12 Jan 93 10:16:13
Organization: The Aerospace Corporation, El Segundo, CA
Distribution: misc
NNTP-Posting-Host: solarium.aero.org


Texas Instruments (TXN on NYSE) has gone up about 11 or 12 points in
the past two weeks.  I can't find anything (newpaper articles, etc.)
which tells me why this happening.  Anyone know anything about it?

KBEIII
--

Ken Elliott III                  The Aerospace Corp.
elliott@aero.org                 Suite 4400
(410) 312-1405                   8840 Stanford Rd.
                                 Columbia, MD  21045
From: elliott@aero.org (Kenneth B. Elliott III)
Newsgroups: misc.invest
Subject: Re: Financial Investco Info wanted
Date: 12 Jan 93 10:13:53
Organization: The Aerospace Corporation, El Segundo, CA
Distribution: usa
NNTP-Posting-Host: solarium.aero.org
In-reply-to: cobarruvias@asd2.jsc.nasa.gov's message of Tue, 12 Jan 1993 15:27:31 GMT


[cobarruvias@asd2.jsc.nasa.gov writes:]

>I read an article recommending Financial Investco's Liesure fund. I understand
>they also have an environmental fund. Does anyone have any info on this family
>of funds? Recommendations etc?

I just obtained a prospectus for Investco's Financial Strategic funds
(of which the Leisure fund is a part).  It started out in '82 at 8.00
a share, and is currently at around 18.00 a share.  Their Strategic
Health Sciences fund in the same period has gone from 8.00 to around
43.00 (it doubled in 1990--from 20 to 40).  I haven't purchased any of
their funds, but am contemplating it.

One thing to note is that as of January 1st, the new minimum opening
balance is $1000, not $250 as it used to be.  However, if you happen
to have gotten an application with $250 on it, they are still
accepting $250 minimums with those applications until April 1st.
Minimum buy after the initial one is $50.  They have a program (called
Easivest) which debits your checking acount X dollars (where X >= 50)
every month; minimum initial purchases for these types of accounts may
be lower; I didn't ask.

KBEIII
--

Ken Elliott III                  The Aerospace Corp.
elliott@aero.org                 Suite 4400
(410) 312-1405                   8840 Stanford Rd.
                                 Columbia, MD  21045
From: clong@romulus.rutgers.edu (Chris Long)
Newsgroups: misc.invest
Subject: Recent Picks
Date: 5 Jan 93 13:00:44 GMT
Organization: Rutgers Univ., New Brunswick, N.J.


$10000 Spartan high income (junk bonds)
 $9000 Low-priced stock fund (I might open an IRA and buy another
  $7500 or so in)
 $5000 Emerging growth fund

These are all Fidelity funds and I expect they'll have solid growth
this year.  I also have $30,000 in Fidelity Magellan and I'll probably
keep this, but I may split it and put half into OTC (or another blue
chip growth fund).  I wouldn't recommend buying any, however.  I'm
also looking into various sector funds including telecom (which I
believe will do well) and domestic gold (as a hedge against surprises).
I also picked up 9.5 acres of land at a bargain price, which is a
little long-term hedge against inflation.  For stocks, Conner looks
like a solid long-term growth pick, and look for IBM to climb 20
points by the end of the year.

But then again, I could be completely wrong.  Indeed, I'm planning
on hedging against a major market crash later this year.
-- 
Chris Long, 265 Old York Rd., Bridgewater, NJ 08807-2618

Score: 0, Diff: 1, clong killed by a Harvard Math Team on  1
Xref: sparky misc.invest:15673 misc.taxes:3930
From: barmar@think.com (Barry Margolin)
Newsgroups: misc.invest,misc.taxes
Subject: Re: Losing lottery tickets
Date: 4 Jan 1993 20:54:40 GMT
Organization: Thinking Machines Corporation, Cambridge MA, USA
Distribution: usa
NNTP-Posting-Host: telecaster.think.com
Keywords: investment?

In article <2060@tsdiag.ocpt.ccur.com> tom@tsdiag.ocpt.ccur.com (Tom Motto) writes:
>Our lottery pool has accumulated $1175.- worth of losing
>lottery tickets for the N.J. lottery.
>None of these tickets are signed or "owned" by anyone. Is it
>legal to sell these losing tickets to a person who has to 
>declare gambling winnings? If the lucky gambler has to pay
>33% taxes on his winnings, these losing tickets are worth
>almost $392.- in tax deductions. If it is legal, is there 
>a "market" where these gambling losses are sold?

This sounds pretty shady to me.

First, if this is a lottery pool, doesn't everyone in the pool get a share
of the winnings?  If so, I'd expect them all to want their share of the
losses to deduct against them.  I clearly misunderstand how your pool
works.

Second, whoever receives the $1175 that "the lucky gambler" pays for those
losing tickets should pay income tax on it.  TAANSTAFL.  Why doesn't he
just give the lucky gambler $392 under the table and consider it even?  The
two of them might come out ahead if the seller is in a lower tax bracket
than the lucky gambler, though.

But if those losing tickets aren't owned by anybody, who is the lucky
gambler going to buy them from?

-- 
Barry Margolin
System Manager, Thinking Machines Corp.

barmar@think.com          {uunet,harvard}!think!barmar
Newsgroups: misc.invest
From: jli@bingham.utah.edu (Jianliang Li)
Subject:  ~~~~~~~ BRN RADIO IN SALT LAKE CITY? ~~~~~~~
Organization: University of Utah
Date: Thu, 7 Jan 93 21:32:31 GMT


	What is wrong with Business Radio Network (1230 AM) in Salt Lake City?
Is it going to come back?  Appreciate any info.


JLi
From: yoon@meaddata.com (Yoonho Ha)
Newsgroups: misc.invest
Subject: Questions regarding Annuities and Asset Managers
Date: 4 Jan 1993 14:16:24 GMT
Organization: Mead Data Central, Dayton OH
Distribution: usa
NNTP-Posting-Host: jaguar.meaddata.com

I have a couple of questions that I hope some of you out there can answer:

1.  What are the pros & cons in using an asset manager?

2.  How does an annuity actually work and what are the pros & cons in 
    using an annuity over an IRA?

Any help would be greatly appreciated.


-- 
|Yoonho Ha                       (513) 865-1305| If at first you  |
|Mead Data Central            Data Enhancements| don't succeed,   |
|9555 Springboro Pike         yoon@meaddata.com| redefine success |
|Miamisburg, Ohio 45342 ...!uunet!meaddata!yoon|                  |
|______________________________________________|__________________|
From: fierro@uts.amdahl.com (Doug Fierro)
Newsgroups: misc.invest
Subject: Re: How can I profit by investing $20?
Date: 7 Jan 93 23:21:38 GMT
Organization: Amdahl Corporation, Sunnyvale CA

In article <1993Jan7.004749.19995@news.columbia.edu> rs69@cunixb.cc.columbia.edu (Rong Shen) writes:
>Hi Experts:
>
>	At this moment, I have just $20 in my pocket. I can not take
>the delight in thinking about buying 100 shares of stocks each of
>which is worth $150. In what kind of investments can I stake my $20?
>How can I get started?
>
>	Thanks very much.
>
>Rong
>--
>rs69@cunixb.cc.columbia.edu

   Buy a lottery ticket :-)

  Doug
-- 
                                                     Doug Fierro
                                      |\             UTS System Software
  O                         __________|_\______      CASE tools development
  \_.______________________| * * * * * * * * */      fierro@uts.amdahl.com
 __\____                   |=================/       (408)746-7102
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Newsgroups: misc.invest
From: tan@aries.scs.uiuc.edu (Lian Tan)
Subject: CD vs US Savings Bonds
Organization: University of Illinois at Urbana
Date: Mon, 11 Jan 1993 15:16:45 GMT

Could someone tell me what are the disadvantages of US EE Bonds compared
to short term (6 mo. or 1 yr.) CD's. Any and all opinions are welcome.
From: elliott@aero.org (Kenneth B. Elliott III)
Newsgroups: misc.invest
Subject: Re: Unisys as a Play
Date: 6 Jan 93 05:36:54
Organization: The Aerospace Corporation, El Segundo, CA
NNTP-Posting-Host: solarium.aero.org
In-reply-to: stpeters@crd.ge.com's message of 6 Jan 93 00:38:30 GMT


[stpeters@crd.ge.com (Dick St.Peters) writes:]
>
>In article 8054@cactus.org, ortega@cactus.org (Paul Ortega) writes:
>>
>>I think this is too shaky a company to consider their stock
>>to be undervalued.  Their stock is low-priced because it's
>>worth that little.
>
>Could be, but a better reason to avoid Unisys as a "play" is that the
>main action is over with.  The stock is roughly $10 now, but that's off
>a low of less than $2 (maybe less than $1).
>

I was talking to my father about this last night (he happened to have
bought at $2), and he said that some dude on one of the TV programs
said that Unisys was going to double this year.  I personnally think
that Unisys is a dog, but I thought that back when he bought at a $2,
and look who's laughing now...

KBEIII
--

Ken Elliott III                  The Aerospace Corp.
elliott@aero.org                 Suite 4400
(410) 312-1405                   8840 Stanford Rd.
                                 Columbia, MD  21045
From: roland@unixg.ubc.ca (Corinne H Roland)
Newsgroups: misc.invest
Subject: Chartered Financial Analyst program
Date: 8 Jan 93 20:52:53 GMT
Organization: The University of British Columbia
NNTP-Posting-Host: unixg.ubc.ca
Keywords: CFA

A few days ago i saw a posting asking for info on the CFA course.  Here is the address for information and enrollment.  The deadline to be eligible for the June 93 exam is near the end of January.  Exam centres are located in 50 or 60 cities around the world, including London, Paris, Zurich, Sao Paulo Brazil ...

The Institute of Chartered Financial Analysts
Department of Candidate Programs
#5 Boar's Head Lane
PO BOX 3668
Charlottesville, VA 22903
Phone:  804-980-3668
Fax:    804-977-1103

I am writing the level 2 exam this June, and would like to hear from others also taking this level.  Maybe we could start a net Studygroup. 
Newsgroups: misc.invest
From: ask@cbnews.cb.att.com (Arthur S. Kamlet)
Subject: Re: A Basic Question:  Selling Short?
Organization: AT&T Bell Laboratories,  Columbus, Ohio
Distribution: usa
Date: Wed, 6 Jan 1993 21:47:53 GMT

In article <doug.6@oregon.uoregon.edu> doug@oregon.uoregon.edu (doug anders) writes:
>Many years ago our high school Economics teacher spent a couple of weeks 
>teaching us about the stock market. Since I don't remember very much from 
>those days, I'm afraid I don't quite understand what it means to sell a 
>stock "short". Can you really "sell" a stock you don't own?  If so, how is 
>it done?  When is the best time to sell short?
>
>Could somebody explain this process in lay terms?  Sorry about the naive 
>nature of my questions.

Yes, it's possible to sell something you don't own.  You will
certainly be expected to put up collateral in case things go wrong,
but your broker will work with you on this.

There's a Frequestly Asked Questions (FAQ) list which appears in
this newsgroup every few weeks -- look for it.  It contains an
explanation of short sales, and some consequences.

The best time to sell short?  When the stock is going to fall.
-- 
Art Kamlet  a_s_kamlet@att.com  AT&T Bell Laboratories, Columbus
Xref: sparky misc.invest:15895 misc.taxes:3982
Newsgroups: misc.invest,misc.taxes
Subject: Re: Need advice to lower taxes
From: David B. Horvath, CDP <MBADBH@rohvm1.rohmhaas.com>
Date: Wed, 6 Jan 1993 17:28:20 EST
Distribution: usa
Organization: Hidden - I don't speak for them...
X-Stuff:      <This should be witty, but I'm too tired right now.>


In article <1993Jan6.192026.8885@asl.dl.nec.com> dillhoff@aslws01.asl.dl.nec.com
> >
> >I have a friend who makes over 100K/year and is looking for ways to
> >lower his tax liability. He is already maxed out in 401k. His house
> >is paid for so he only has real estate tax deductions. He is in his
> >50's so he doesn't want something that is risky. Are there non-taxable
> >bonds of some sort where both the investment and the earnings are
> >not taxed? Please send advice.
>
> <stuff deleted>
>
> He can also place $2000 per year into an IRA account.  While he
> cannot deduct the $2,000, all earnings in that account grow untaxed
> until he withdraws thpse funds many years from now.
>
   Not if he's already in a 401k with a $100k annual income.  There's
   a cap on the income you can earn & be in a 401k & fund an IRA.

   Unfortunately, the cap applies to married couples as well.  I make
   much more than my wife, she has a 401k, I don't.  Since we make too
   much money and she has the 401k, we *can't* fund an IRA.

       - David

Newsgroups: misc.invest
From: keith@iscp.bellcore.com (Keith Hawkins)
Subject: Re: Novice question: Growth v Income
Organization: Bellcore
Distribution: usa
Date: Fri, 8 Jan 93 18:24:47 GMT
Keywords: mutual funds, growth, income, novice question

In article <1993Jan7.210804.10774@oclc.org>, glf@oclc.org (Greg
Feldman-Hill) writes:
|> 
|> Sorry if this is a really lame question, but...
|> 
|> When looking at mutual funds for stock investing, some are said to
|> be
|> "growth", some are "income" and some are both "growth & income".
|> If I've money to invest, which type of fund is better for short term
|> (1 year or less) and which for longer term (or is this irrelevant)?

[stuff deleted]

Growth funds invest in stocks which are expected to
appreciate in share price without regard to whether
or not these stocks pay dividends.  Examples biotech,
computer networking stocks.

Income funds invest in stocks which are expected to
remain fairly stable in stock price and which
pay a significant dividend.  Example utility stocks.

G&I funds are a mixture of the above categories.
Which are not to be confused with "balanced" funds
which invest in both stocks and bonds.

-Keith
Newsgroups: misc.invest
From: bohnert@leland.Stanford.EDU (matthew bohnert)
Subject: Re: Buying stocks directly from a company
Organization: DSG, Stanford University, CA 94305, USA
Date: Tue, 5 Jan 93 16:41:11 GMT


>There is an initial $24 fee for a two-year membership.You must also pay First
>Share a small fee ($2.50 - $4.00 per company) to arrange contact with a member
>who will sell you a share. The purchase price is then negotiated between the
>members with a recommended $7.50 "mark-up" to cover the sellers costs. You are
									^^^^^^^
>obligated to sell a share when contacted. 
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

WHOA!  You are `obligated' to sell your shares?!?!?!  What kind of `club' is
this?  Perhaps I misunderstood the meaning of the message, but I don't think
I'd want to get involved in anything that `obligates' me to buy or sell except
whenever I damn well please.  Other than that, the club sounds sort of 
interesting.


Matt Bohnert                 | Ron : That's certainly an impressive desk,  
Building 500, Room 501B      |		Mr. Speaker.
Stanford University          | Tip : Why thank you, Mr. President. It was
Stanford, CA    94035        |		used by Grover Cleveland.
415.723.4490                 | Ron : Really? He was a great pitcher. I played
bohnert@leland.stanford.edu  |      	him in a movie once.
			     | Tip : No sir, you're thinking of Grover C.
			     |		Alexander.  I was referring to
			     |		the former President.  --- Jan, 1981



Newsgroups: misc.invest