HDTenEightyP/NetNews huggingface dataset:
From: sean@sdg.dra.com
Newsgroups: misc.books.technical
Subject: Re: TEXT WANTED
Date: 15 Apr 92 12:28:51 CDT
Distribution: usa
Organization: Data Research Associates, St. Louis MO

In article <1992Apr15.032928.9442@u.washington.edu>, dsmith@milton.u.washington.edu (Dorothy Smith) writes:
> In article <ku4hg6INN88a@west.west.sun.com> linda.knapp@West.Sun.COM writes:
>>I am trying to find a copy of Simulation Modeling and Analysis by
>>Averil M. Law & W. David Kelton. If anyone locates a copy please email 
>>me at Linda.Knapp@west.sun.com.
>>
>>Thanks, Linda
> 
> The University of California system catalog (melvyl.ucop.edu) has the
> following listing for your book.  It's also likely to be in other large
> technical libraries.
>                         
> 13. Law, Averill M.
>       Simulation modeling and analysis / Averill M. Law, W. David Kelton.  New
>     York : McGraw-Hill, c1982.
>       Series title:  McGraw-Hill series in industrial engineering and
>     management science.

A second edition of this book came out last year.

   Law, Averill M.
   Kelton, W. David
     Simulation modeling and analysis.
     2nd ed.
     New York : McGraw-Hill, c1991
   ISBN 0-07-036698-5
   QA76.9.C65L38 1991           003/.3
-- 
Sean Donelan, Data Research Associates, Inc, St. Louis, MO
Domain: sean@sdg.dra.com, Voice: (Work) +1 314-432-1100
Newsgroups: misc.books.technical
From: rosalia@max.physics.sunysb.edu (Mark Galassi)
Subject: Re: Lex/Yacc ref wanted
Organization: Institute for Theoretical Physics, SUNY at Stony Brook.
Date: Thu, 16 Apr 1992 14:55:59 GMT



> In article <garzione.703361555@convex.convex.com>
> garzione@convex.com (Michael Garzione) writes:
> >Does anyone know of a good lex/yacc reference?  I've already got O'Reilly's;

>   You know.  I doubt one exists.  I have been using these tools lately.

Try taking a look at one of the last chapters of Kernighan and Pike
"The Unix Programming Environment".  It tells you how to develop an
interpreter with Lex and Yacc.  It is very nice.
--
    {These opinions are mine, and should be everybody else's :-)}
	Mark Galassi		rosalia@dirac.physics.sunysb.edu
				rosalia@sunysbnp.BITNET
Newsgroups: misc.books.technical
From: nk4v@poe.acc.Virginia.EDU (Naohiro  Koshiya)
Subject: Please recommend introductory book on KornShell
Organization: University of Virginia
Date: Tue, 14 Apr 1992 22:40:39 GMT

Hi there,

I now have a difficulty to learn about K-shell with a book that is
almost a manual.  I have a trace of knowledge on C-shell.  My purpose
is to get able to write tiny but effective shell scripts in K-shell.
 I would appreciate any practical guidance.  Thank you,

Naohiro
From: rstevens@noao.edu (W. Richard Stevens)
Newsgroups: misc.books.technical
Subject: Re: _UNIX Tool Building_
Summary: expensive
Date: 10 Apr 92 14:56:53 GMT
Organization: National Optical Astronomy Observatories, Tucson AZ

>UNIX Tool Building                                                         
>Kenneth Ingham
>Academic Press, Inc., 1991.  225pp.  Hard.  ISBN: 0-12-370830-3.  $49.95.

IMHO $49.95 is a little steep for a 225pp book.  Is it my imagination
or does Academic Press charge more for all its books?

	Rich Stevens
Newsgroups: misc.books.technical,comp.windows.x.motif
From: klee@decwrl.dec.com (Ken Lee)
Subject: Re: Good book for Motif UIL? (not a reference manual)
Reply-To: klee@wsl.dec.com
Organization: DEC Western Software Laboratory
Date: Wed, 8 Apr 92 18:47:53 GMT

The *Motif Programmer's Guide* from OSF is a pretty good tutorial on UIL (and
most other Motif subjects).  Get the 1.1 version, it's much better than the
1.0 version.  A simpler tutorial on UIL appears in *OSF/Motif: Concepts and
Programming* by Thomas Berlage.

-- 
Ken Lee
DEC Western Software Laboratory, Palo Alto, Calif.
Internet: klee@wsl.dec.com
uucp: uunet!decwrl!klee
From: ab0kfc@gdt.bath.ac.uk (K F Chow)
Newsgroups: misc.books.technical
Subject: BMS survey
Date: 6 Apr 92 18:09:02 GMT
Organization: School of Architecture, University of Bath, UK

If you are an undergradate of engineering you may like to
do a questionnaire through email, on the subject "Building
Management Systems". This questionnaire is being done by 
your counterparts at USA, CAN, & UK. Comparison will be 
made between you and them.

If you know nothing about BMS but you know some others may 
do, please pass on the message.

Come and Join the party !!

-------------------------------------------------------------
K.F CHOW                      email : ab0kfc@uk.ac.bath.sl1
School of Architecture &              ab0kfc@uk.ac.bath.gdt
Building Engineering,
Bath University, UK
-------------------------------------------------------------
Newsgroups: misc.books.technical
From: quanbook@world.std.com (Quantum Books)
Subject: Re: _UNIX Tool Building_
Organization: The World Public Access UNIX, Brookline, MA
Date: Fri, 10 Apr 1992 19:42:04 GMT

In article <1992Apr10.145653.20820@noao.edu> rstevens@noao.edu (W. Richard Stevens) writes:
>>UNIX Tool Building                                                         
>>Kenneth Ingham
>>Academic Press, Inc., 1991.  225pp.  Hard.  ISBN: 0-12-370830-3.  $49.95.
>
>IMHO $49.95 is a little steep for a 225pp book.  Is it my imagination
>or does Academic Press charge more for all its books?

Well, I don't have any statistics to back me up, but that's the impression
I have, too. Their books tend to be a bit on the pricey side...

	-george

PS. Hi Rich....when's the new book coming??



-- 
Quantum Books		    | A Technical and Professional Bookstore   
----------------------------+------------------------------------------
Cambridge: 617-494-5042     | E-Mail:		 quanbook@world.std.com
Philadelphia: 215-222-0611  | Mailing List:      quanlist@world.std.com
Newsgroups: misc.invest
From: hcy@cbnewsh.cb.att.com (hon-chi.yu)
Subject: Re: Hard Drive pounding
Organization: AT&T
Distribution: usa
Date: Tue, 7 Apr 1992 15:55:24 GMT

In article <1992Apr7.143655.7180@Happy-Man.com> Irving_Wolfe@Happy-Man.com writes:
>In <1992Apr1.175058.1@eis.dofasco.ca> barbon_m@eis.dofasco.ca writes:
>>In article <1992Mar31.163009.263@athena.mit.edu>, rlcarr@athena.mit.edu (Richard L. Carreiro) writes:
>>> Everyone -- Quantum, Seagate, Conner, etc, especially the last 4 days.
>>> Any ideas as to what's driving this?
>
>I was told that the most recent decline is related to an article
>that was syndicated in many newspapers about hard disks being
>replaced in a few years by something I'd never heard of before,
>"flash memory."
>

I do not think that flash memory will replace Winchester disk "in a few
years".  They are far more expensive now.  According to news, of the major
disk manufacturers, only Conner is seriously looking into the flash memory.
One of the main reasons why they have dropped in prices is they have gone
up a lot since the end of 91.  As far as I recall, Quantum from ~$10 to
~$15, Seagate from ~$10 to ~$15, Maxtor from ~$7 to ~$11. In fact, as I
am writing this article they have recovered and most of them are not too
far from their peak prices (except Micropolis).  Didn't a few years back
there were people forcasting that Winchester disks would be replaced by
optical disks?  It hasn't happen yet.


Newsgroups: misc.invest
From: gary@intrepid.intrepid.com (Gary Funck)
Subject: Discrepencies Between MIPS and SGI prices?
Organization: Intrepid Technology, Inc.
Distribution: usa
Date: Wed, 15 Apr 1992 01:05:19 GMT


Since the merger announcement regarding MIPS and SGI, I've watched
the fall of SGI (and MIPS's) price with interest.  The price
behavior of these two stocks brought up a couple of questions:

1. Why does SGI stock trade at a premium, or stated differently,
isn't MIPS a better buy?

2. What is a fair price for the merged companies, or stated differently,
why did SGI get hit so hard?

BACKGROUND: According to the latest company news reports, the boards
of SGI and MIPS have reached a definitive agreement to merge on June 1.
SGI will be the surviving company.  Each MIPS share will be swapped
for 0.61 of an SGI share.

item 1:  As of 4/14, the closing price for MIPS is 11 (up 3/8)
and SGI is 18 5/8 (up 1/2).  If we take MIPS' price and divide
by 0.61, we get 18.03.  The market presently values SGI at
18.625.  This implies that SGI is going at a 3% premium over
MIPS.  Why is this?

item 2:

The calculations that follow try to estimate a "fair" new price
for the merged company.  For those of you with financial expertise,
I'd appreciate your critique.

The data below is taken from year end stock prices (12/91) and financial
results.  The SGI numbers were estimated by multiplying its six
month trailing results by 2 (SGI's fiscal year closes 5/31 and
MIPS closes 12/31).  [I'm not too sure about the information on
SGI shares, I assume it includes their preferred shares.]

                        MIPS     SGI  SGI+MIPS
revenue (millions)     168.5   678.0     846.5
net income             -34.7    40.4       5.7
EPS                    -1.37    0.91      0.10

assets                 170.2   698.3     868.5
liabilities             43.5   157.9     201.4
book value             126.9   540.4     667.1

shares (million)        25.2    44.0      57.4

stock price             9.93   22.63
estimated stock price                    20.91 (price/book = 1.8)
stock valuation        250.3   995.7    1200.7

P/E                       NM    24.8        NM
price/sales              1.5     1.5      1.34
price/book               2.0     1.8       1.8

NM = Not meaningful (negative, or greater than 100)

The stock price for the merged company was calculated as 1.8 times
the book value of the merged company divided by the total number
of shares.  The value of 1.8 times book is the most conservative of
both company's multiple before the merge.

estimated SGI price / MIPS price    2.1  (as of 12/91)
current   SGI price / MIPS price   1.69  (as of 4/14)

estimate of SGI price from calculations above    23.10
percent drop in current price from estimate     -19.4%  (18.625 vs. 23.10)

Based on this analysis, SGI shares are trading at around 20% less than
expected. Any ideas why?

- Gary
-- 
| Gary Funck  		    gary@intrepid.com  [uunet!uupsi!intrepid!gary]
| Intrepid Technology Inc., Mountain View CA (415) 964-8135
--
Newsgroups: misc.invest
From: lib@cbnews.cb.att.com (Lib)
Subject: AMD
Organization: AT&T
Date: Wed, 8 Apr 1992 17:10:01 GMT

Anyone care to give their opinion of AMD? Their quarterly sales and
revenue looked good to me but the stock was down yesterday (like
many others) and is down again today.
 
Any info/opinions on short-term, long-term outlook for AMD
would be appreciated.
From: Ari_Kornfeld@QM.SRI.COM (Ari Kornfeld)
Newsgroups: misc.invest
Subject: Re: So-called Experts and Timing ( Re: Time to invest in Japan Fund??)
Date: 13 Apr 92 17:54:03 GMT
Distribution: na
Organization: SRI International


Satya:

  You are a big fan of cost averaging (i've noticed it in every post of
your i've read).  And you are right that the best strategy is buy low
sell high.  However that strategy contains a big assumption:  that you
will reach a high (in reasonable time).

  If you invested in a single stock that eventually went bankrupt using you
methods you would have invested quite a bit of money and lost it all.  Now
I doubt that every component of the nikkei (250?) will go bankrupt, or
even if one will die but it is quite likely that the market will not reach
its old high for several years to come.  Meanwhile you have essentially given
these companies a free loan.  While that's very charitable I don't think
that's your goal.

  As you point out, only hindsight will justify *any* investment strategy
including cost averaging.

In article <1992Apr11.071021.17881@cs.umn.edu>, prabhak@cs.umn.edu (Satya Prabhakar) writes:
> 
> Definitely! Dollar-cost average AT ALL TIMES! If it makes
> you feel any better I started dollar-cost averaging into
> T Rowe Price's Japan Fund when the Nikkei was at 19,000.
> Each time it drops by 500 points, I invest an additional
> amount (half of my original investment). In a way, I feel
> good when Nikkei drops because it gives me another chance to buy
> into Japan at a low price.
> 
> >Rohit
> 
> Satya Prabhakar (satya@ssdc.honeywell.com)
> 
>
From: tiany@memstvx1.memst.edu
Newsgroups: misc.invest
Subject: American Heritage Telephone Number
Date: 8 Apr 92 22:48:45 GMT
Organization: Memphis State University

Does anyone know American Heritage Mutual Fund's telephone number. This
fund performed very well last year and this first quarter. I try to find
its telephone number and any information about this fund. 


David T

tiany@memstvx1.memst.edu
Newsgroups: misc.invest
From: suhre@meltami.dsd.trw.com (Maurice E. Suhre)
Subject: Re: Let us bet on Monsieur Marty Zweig 
Organization: TRW, INC.
Date: Fri, 17 Apr 1992 18:01:10 GMT

In article <1992Apr15.172252.9028@cs.umn.edu> prabhak@cs.umn.edu (Satya Prabhakar) writes:
[]In article <1992Apr15.161504.22994@gumby.dsd.trw.com> suhre@meltami.dsd.trw.com (Maurice E. Suhre) writes:
[]>
[]>I would suggest reading Marty Zweig's book, Winning on Wall Street.  Pay
[]>careful attention to his market time model and the (back tested)
[]>results.  It will be difficult to not believe that there are trends in
[]>the markets that can be predicted.
[]
[]Backtesting is one of the biggest cons used by those who peddle
[]stock market prediction theories. It is not that an independently
[]developed model somehow succeeds in predicting past market
[]movements. It is that the model was created in the first place
[]using past market data and is finetuned until it successfully
                               ^^^^^^^^^
[]predicts all turns of the market.
[]
[]The true test of a model is how it will fare in the future.

I would point out that Zweig's model does not appear to be "finetuned".
There are four quantities which have to do with interest rates and other
monetary considerations, and one which has to do with the general trend
of the market.  
-- 
Maurice Suhre
suhre@trwrb.dsd.trw.com
From: jrbd@craycos.com (James Davies)
Newsgroups: misc.invest
Subject: Re: Yeeee Hiiiiiiiii
Summary: It's Dr. Strangelove
Date: 13 Apr 92 16:30:25 GMT
Distribution: usa
Organization: Cray Computer Corporation

In article <1992Apr12.021756.10058@bronze.ucs.indiana.edu> petri@venus.iucf.indiana.edu writes:
>In article <5304@pdxgate.UUCP>, jprice@eecs.cs.pdx.edu (James Price) writes...
>>rjc@cbnewsf.cb.att.com (robert.cook) writes:
>> 
>>>This market kind of reminds me of a movie (WWII) where they're dropping "THE
>>>BOMB" and the boomer won't be able to clear the area.  So Slim Pickens, I
>>>believe, rides the baby down. 
>> 
>>>Robert
>> 
>>  I believe the movie you are thinking of is _Dr. Strangelove, Or how i
>>learned to stop worrying and love the bomb_.
>> 
>>James
>
>     Nope; the movie you are thinking of is Fail Safe.
>
>Howard

No, no, no...the movie *you're* thinking of is Mary Poppins.
From: satnews@cix.compulink.co.uk (Darren Ingram)
Newsgroups: misc.invest
Subject: Online ?
Date: 8 Apr 92 07:13:55 GMT
Reply-To: Darren Ingram <satnews@cix.compulink.co.uk>
Organization: Gated to News by demon.co.uk

Hi... does anyone know about any Internet groups talking about trading room 
technology, market data feeds and the like? 
 
Rgds 
Darren 
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: 
Darren Ingram/Satnews        : Standard disclaimer rules apply, even if I am 
Satnews@cix.compulink.co.uk  : very nasty towards you....  Drink plenty of 
Coventry, West Midlands, U.K.: traditional real ale and relax..... 
:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
From: hcy@cbnewsh.cb.att.com (hon-chi.yu)
Newsgroups: misc.invest
Subject: Re: Looking for a few good tech stocks
Date: 7 Apr 92 17:52:01 GMT
Distribution: usa
Organization: AT&T

In article <1992Apr6.152051.12929@digi.lonestar.org> jgay@digi.lonestar.org (john gay) writes:
>In article <1547900001@trsvax> don@trsvax.tandy.com writes:
>>
>>
>>[Looking for stock recommendations]
>>
>>
>>OK, I'll bite.
>>
>>Intel -- recently devalued, but it should be a strong company
>
>I would recommend against Intel.  The reason that it was recently devalued
>was because of a small company named Cyrix.  Cyrix has designed a 486 clone.
>They are pretty well known for their 387 clone series.  Their first 486 out
>
  ........................................................................

>This might also be a good reason against investment in AMD also.

There is one thing you forgot.  AMD has not yet have any income from 486
devices yet, which is almost a 1 billion dollars market, and its P/E
ratio is now at 12, low compared to the S&P average.  I wonder why its
stock jumped 6.3% yesterday. ^_^


Standard disclaimer applies.
From: timlee@public.btr.com
Newsgroups: misc.invest
Subject: Re: Little Dollars to Invest...
Date: 7 Apr 92 06:35:27 GMT
Reply-To: timlee@btr.com (Timothy J. Lee)
Followup-To: misc.invest

jprice@eecs.cs.pdx.edu (James Price) writes:
|   I think that $100/month investor would have one heck of an easier
|time with mutual funds than CDs.   ...                        The
|difference between interest rates for $100 CDs (are there such things?) and
|mutual fund returns is something to take into consideration.

Yes, such things do exist.  Many small savings and loan associations
offer them, at good rates.  The big banks are mostly not interested
in the little guys, except to suck big fees out of them.

CDs and (stock) mutual funds are so different risk and return wise
that a direct comparison makes no sense.  Only when considering one's
total situation (other assets, risk level, etc.) can a comparison be made.
From: jack@richsun.cpg.trs.reuter.com (Jack Gidding)
Newsgroups: misc.invest
Subject: Cray Computer Update
Date: 8 Apr 92 01:20:21 GMT
Organization: Reuters Client Site Systems, Oakbrook,IL


 STRATUS <SRA.N>, OTHER TECHS RECOMENDED BY SALOMON

            NEW YORK, APRIL 7, REUTER - SALOMON BROTHERS SAID ITS
        ANALYST JOHN JONES INITIATED COVERAGE ON 11 COMPUTER COMPANIES
        AND RECOMMENDED PURCHASE OF STRATUS COMPUTER INC AND FIVE OTHER
        STOCKS.
            THE ANALYST WAS NOT IMMEDIATELY AVAILABLE FOR COMMENT. THE
        FIRM SAID JONES ALSO RECOMMENDED AMDAHL CORP <AMH.A>, CRAY
        RESEARCH INC <CYR.N>, HEWLETT-PACKARD CO <HWP.N>, SEQUOIA
        SYSTEMS INC <SEQS.O> AND TANDEM COMPUTERS INC <TDM.N>.
            HE RATES THE SIX STOCKS "OUTPERFORM," SALOMON SAID, AND
        RATES THE OTHER FIVE "MARKET PERFORMER." STRATUS ROSE 1-1/8 TO
        46, AMDAHL ROSE 1/4 TO 16 AND CRAY FELL 3/8 TO 40-1/4.
            JONES ALSO INITIATED COVERAGE ON CRAY COMPUTER CORP
        <CRAY.O>, DIGITAL EQUIPMENT CORP <DEC.N>, INTERNATIONAL BUSINESS
        MACHINES CORP <IBM.N>, PYRAMID TECHNOLOGY CORP <PYRD.O> AND
        SEQUENT COMPUTER SYSTEMS INC <SQNT.O>.
            HEWLETT-PACKARD FELL 5/8 TO 80-1/4, SEQUOIA SYSTEMS ROSE 3/8
        TO 15-1/4, TANDEM COMPUTER ROSE 5/8 TO 12-7/8, CRAY COMPUTER
        ROSE 1/8 TO 4-1/4, DIGITAL EQUIPMENT ADDED 3/8 TO 54, IBM ROSE
        1-1/8 TO 84-1/4, PYRAMID TECH WAS UNCHANGED AT 14 AND SEQUENT
        ROSE 1/4 TO 14-1/8.
 
 

------------------------------------------------------------------------------
Jack Gidding        Development Engineer       jack@richsun.cpg.trs.reuter.com
Reuters Information Technology Inc.  1400 Kensington Road   Oak Brook,IL 60521
------------------------------------------------------------------------------
"Credit is a euphemism for debt." 	- Billy McKenzie, from TV show "Billy"



Newsgroups: misc.invest
From: met@cunyvms1.gc.cuny.edu
Subject: mutual fund indices?
Reply-To: met@cunyvms1.gc.cuny.edu
Organization: Computer Center, CUNY Graduate School, New York NY 10036
Date: Sat, 11 Apr 1992 21:56:57 GMT

Since I realized that firm-specific data about mutual fund performances
were so infrequent (annual, bi-annual, or at the most quarterly) I 
started wondering whether there are any indices for mutual funds which
are quoted on a more regular basis.
Are you familiar with any mutual fund indices? If you know any, is
the data available on diskettes?....
Thanks very much!
From: geopi@cbnewsh.cb.att.com (george.p.cotsonas)
Newsgroups: misc.invest
Subject: Re: Cable's secret weapon
Summary: there will be a battle...
Date: 17 Apr 92 21:39:23 GMT
Distribution: usa
Organization: AT&T

In article <1992Apr13.012924.13567@watson.ibm.com>, artg@titanic.watson.ibm.com (Art Goldberg) writes:
> 
> A fascinating cover story ... about how
> Cable TV is more likely than the phone companies to offer custom
> digital service to the home.  
> 
I would not discount the ability of local telephone companies
to make such offerings.  One stumbling block is that the infrastructure
is not yet in place.

I have read that Bell Atlantic (via N.J. Bell) wants to accelerate
deployment of local loop fiber in New Jersey.  Once the bandwidth
to the end-user is in place, this market will be up for grabs
with offerings from both cable companies and telephone companies.
I think the marketplace will become a mixed bag;
the cable firms sure seem bent on new digital offerings...

I guess we just have to stay tuned :-)
Gamblers, place your bets!

-- 
George P. Cotsonas
AT&T BL/CPL
att!hocpa!geopi
From: timlee@public.btr.com
Newsgroups: misc.invest
Subject: Re: Stocks newsletter. Netletter!
Date: 8 Apr 92 04:41:37 GMT
Reply-To: timlee@btr.com (Timothy J. Lee)
Followup-To: misc.invest

prabhak@cs.umn.edu (Satya Prabhakar) writes:
|
|   2. If one is investing in say 500 shars of a company that
|      trades at $3, the commisions getting in and out will be
|      about $50. That's more than 6% down the drain right there!
|      Commisions kill you unless you hold a stock for 10-15 years
|      when the ROI overwhelms the commission if the company survives
|      that long.

Low priced stocks tend to cause higher commissions at many brokers.
If you trade low priced stocks, you should look for a broker that
charges by trade value only, not per share.
 
|   3. Then there is the increased risk of investing in a single
|      stock no matter how optimistic your predictions are.

If you have enough to buy several different stocks, you reduce this risk.

Newsgroups: misc.invest
From: lor@cbnewsk.cb.att.com (edward.lor)
Subject: Re: more options question (Summary)
Organization: AT&T
Distribution: usa
Date: Thu, 16 Apr 1992 21:06:50 GMT

In article <1992Apr16.170506.2115@oakhill.sps.mot.com> quangl@tabasco.UUCP (Quang Le) writes:
>* Many stock broker, as mine (Waterhouse Sec.,) will automatically
>execercise your options for you if the option still have 
>intrinsic value regardless how much it is. This gesture may be practiced in
 ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
>order of protecing your benefit (you forgot that you have a call
>60 while the stock is 80,) or increasing their commission :-)))
Do they really do that? it's very dangerous.

>* The headache is when the strike price is very close to the current
>price of stock. The practice can cause you a financial burden.
>For example, you have 20 IBM April 90, and price of IBM is around
>high 80 in the last few days. If you think that your options 
>are worthless, and let them expire without tell your broker. If
>IBM is 90.25 (the distance from strike price to market price that triggers
>broker computers to automatically exercise may vary among broker houses)
>tommorow (4/18) they will automatically get exercised
>at 90. You then have to pay $180,000 (or $90,000 if in margin) in
>7 days for something not intended.

Well, the problem is not the $180,000, because you can sell the stock
on Monday morning and recoup the money. The problem is the commission, which
in this case is probably $600-$700 (Charles Schwab rate). The 25c you
gain per share is not enough to cover commission.

If your broker exercises your options with intrinsic values REGARDLESS
HOW MUCH IT IS, then it is really highway robbery.

Schwab will exercise options with intrinsic value of at least $0.75.

-- 
                                          Edward Lor
                                          lor@cbnewsk.att.com
                                          
Newsgroups: misc.invest