HDTenEightyP/NetNews huggingface dataset:
From: af322@cleveland.Freenet.Edu (Kevin Adams)
Newsgroups: misc.invest
Subject: Book value
Date: 19 Dec 1992 05:24:58 GMT
Organization: Case Western Reserve University, Cleveland, OH (USA)
Reply-To: af322@cleveland.Freenet.Edu (Kevin Adams)
NNTP-Posting-Host: slc4.ins.cwru.edu



I recently recieved a list of stocks from an investment letter that
is trying to get my business that are supposedly selling below
book value.  What does this mean and is this info worthwhile?
 
Also, would anyone happen to know of a short term investment to
put $300 into that could make a decent return?  
 
Thanx in advance!
 -K-

--
From: everett@nmerh97.NoSubdomain.NoDomain (Jerry F. Everett)
Newsgroups: misc.invest
Subject: PRIMERICA seminar (How to loose your friends)
Keywords: PRIMERICA
Date: 11 Dec 92 20:15:18 GMT
Followup-To: jeverett@bnr.ca
Organization: Bell Northern Research

A friend of mine invited me to a presentation on PRIMERICA the other night.
I guess this organization is quite large and popular in the US but is still
trying to make inroads into Canada. Basically they sell term life insurance
and get people to invest the difference in Mutual Funds. Nothing earth
shattering about this. They will train you and make you a "representative"
so that you can sell to your friends and family.

Anyone out there have any contact with them before? Perhaps a few people 
who have done their training courses and can offer some words of wisdom.
Any and all comments are appreciated.

My first impression was that they seem to be the "Mary Kaye Cosmetics"
of the Financial Services Industry.

....Jerry 

=======================================================================
Jerry Everett
Technical Assistance Engineer. Product Support.
Northern Telecom Canada Ltd., 1285 Baseline Road
P.O. Box 3511, Stn. C, Ottawa, Ontario, K1Y 4H7
PHONE: 613-763-9696    FAX:     613-765-4060
INTERNET: JEVERETT @ BNR.CA     AMPR: VE3XPM @ VE3JF.#EON.ON.CAN.NOAM
>> All material herein is my own and does not represent the views    <<
>> or opinions of Bell Northern Research or Northern Telecom.        <<
========================================================================
Newsgroups: misc.invest
From: avib@microsoft.com (Avi Belinsky)
Subject: Re: Body Shop
Date: 17 Dec 92 21:50:04 GMT
Organization: Microsoft Corporation

In article <1992Dec13.032908.2483@agora.com> conway@agora.com writes:
|
|New Jersey is where their mail order operation is located.  By the way,  
|it's just one company.  They are based in Britain with 1000 shops around  
|the world and 100 in the U.S.  The company was started by Anita Roddick
|(author of "Body and Soul").  They buy their natural ingredients from  
|native peoples in order to preserve their cultures and land.  I just  
|noticed their catalog was printed in soy ink.  The stock was recommended a  
|year ago in Barron's by Peter Lynch.  He believed that eventually Body  
|Shop could open up to a few hundred stores in the U.S.  At the time he  
|recommended it, the price was around five and a couple of months ago it  
|dropped sharply to 3 (interestingly Lynch predicted it could take a hit).
|Earnings had been steadily growing until that point - unfortunately it's  
|hard to get information on the stock since it's based in London.
|
|- Mark

My $0.02:

Before you all go out and buy Body Shop, you should know that Anita Roddick 
has said that she is not running Body Shop explicitly to make money, 
but to promote what she considers appropriate causes, as well as make a profit.

This is not necessarily bad, since many consumers in this environmentally
conscious era are buying body shop products because of it.  In fact similar
companies (Ben and Jerry's Homemade springs to mind) have been very good
investments.

This policy does have some downward drag on earnings that may or may not
make up for the increased appeal of their products to certain consumers.

I'm not recommending buying or selling Body Shop, since I don't know
enough about the company, but just trying to help the "effecient market" 
by spreading info...

- Avi
Newsgroups: misc.invest
From: cs101a64@eng-nxt11.cso.uiuc.edu (cs101 student)
Subject: Re: S&P index options ?
Organization: University of Illinois at Urbana
Distribution: usa
Date: Mon, 14 Dec 1992 21:06:27 GMT

In article <1992Dec14.182523.29521@mobil.com> etpeters@dal.mobil.com (E.  
T. Peterson(Eric)) writes:
> In article <Bz9C7A.43A@news.cso.uiuc.edu>,  
cs101a64@ih-nxt04.cso.uiuc.edu (cs101 student) writes:
> |> I prefer value investing as a hedge against a bear market.  Stocks  
never  
> |> expire worthless (unless they go bankrupt), and some stocks will  
dodge the  
> |> bullet in every bear market.  Value investing hedges against a bear  
market 
> |> .... 
> |> Stocks that fit this profile include British Steel,  
> |> Travelers, Ahmanson, and Aetna Life and Casualty.
> 
> How did Traveler's, Ahmanson, and Aetna do from 8/25/87 to 10/22/87?  I  
suspect they
> dropped a fair amount.
> 
> Any diversified portfolio (even if they are all "value" stocks) is going  
to lose money
> during a market drop such as August to late October, 1987.
> 
> *********************************************************************
> Eric Peterson                  The sooner you fall behind,
> Research Geophysicist          the more time you'll have to catch up!
> (214) 951-3251
> etpeters@drsol1.dal.mobil.com
> *********************************************************************

My stock recommendations (British Steel, Travelers, Ahmanson, and Aetna)  
are value stocks TODAY.  I suspect that because these stocks are  
cyclicals, their price/book value ratios were relatively high in August  
1987, at the height of the last economic expansion.  I believe these  
stocks will do well over the next few years, even if the DJIA drops to  
1800.
Newsgroups: misc.invest
From: stgprao@st.unocal.COM (Richard Ottolini)
Subject: triple witching hour causes market instability today
Organization: Unocal Corporation
Date: Fri, 18 Dec 1992 23:15:02 GMT


The DJIA jumped 44 points (1.3%) today on 50% heavier than average trading.
Newsgroups: misc.invest
From: jtrojano@cwis.unomaha.edu (Jim Trojanowski)
Subject: Re: Where can I get cost-of-living data?
Organization: University of Nebraska at Omaha
Distribution: usa
Date: Wed, 16 Dec 1992 19:09:59 GMT

The Places Rated Almanac is a good source, but the most current edition
came out in 1989.  There is a cost of living index which is produced
quarterly (by the Chamber of Commerce, I believe).  Try your local library.
If they don't have this specific item, they may have something else.

Jim Trojanowski
Metro Community College
Omaha, NE
Newsgroups: misc.invest
Subject: Re: Why is Borland downgraded?
From: gary@cdthq.UUCP (Gary Heston)
Date: Thu, 17 Dec 92 20:35:38 CST
Organization: Garys' Home for Obsolete Computers

fox@cs.nyu.edu (David Fox) writes:

> In article <1992Dec10.210433.24151@webo.dg.com> holmes@mrx.webo.dg.com (Chris
     [ about borland ]
>    They announced a work force reduction of 15% or 350 people, incurring a 
>    $35 mil restructuring charge this quarter.  Their reason?  "...a looming
>    price war in the software industry."
> 
> But hasn't Borland software *always* been cheap?  Doesn't a price
> war put more pressure on Borland's competitors than on Borland?

Borlands' software has been cheap, yes, which makes for lower 
margins. The mechanics of packaging and selling a software
package will cost about the same for any company (since they
mostly farm it out); it's easier to cut the price of a $100
package to $80 if the original margin was 35% than it is to
cut it if the margin was 15%. Look at the salaries, benefits,
and Bill Gates' new $35 million house; that's most of what 
you're paying for when you buy Microsoft; I don't think Kahn
has anywhere near that large a house (two 20-car garages is
a little much....).

Also, the *best* time to cut costs, improve efficiency, and 
increase margins is before the price war starts....

Gary Heston, at home....
gary@cdthq.uucp
From: mcaldon@igc.apc.org (McAldon International Inc.)
Newsgroups: misc.invest
Subject: CNBC TICKER
Date: 17 Dec 92 07:20:00 GMT
Nf-ID: #N:cdp:1426500307:000:716
Nf-From: cdp.UUCP!mcaldon    Dec 16 23:20:00 1992


Re the recent discussion here about whether or not the CNBC ticker shows
all the trades, I today noticed for the first time that CNBC's ticker often
skips the volume connected with each trade, showing volume only on block
trades.  I noticed this after switching to the KWHY ticker, which I do every
time CNBC foolishly eliminates its ticker to display one or another dreary
commercial, thanks to the "flashback" button on my remote.  DMcKenzie.

|                        |           FIENDISH DELIGHTS          |    
|    mcaldon@igc.org     |       Setting the alarm to 4 AM      |
|                        |    before checking out of the motel  |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Newsgroups: misc.invest,alt.activism
From: prs9k@brain.med.virginia.edu (Phil Scarr)
Subject: Re: Snapple - Does it really go public Tuesday?
Organization: Neuroclinical Trials Center, University of Virginia
Distribution: na
Date: Tue, 15 Dec 1992 18:48:24 GMT

In article <BzBB4n.IxL@taligent.com> cep@taligent.com (Christophe Pettus) writes:
>Does anyone have firm information about the supposed connection between
>Snapple and anti-choice groups?  Rumours have been circulating for months,
>but I've never seen anything concrete.

It doesn't surprise me give that they advertise on Rush Limbaugh...

	-Phil
-- 
PHIL SCARR        \      We are Microsoft...     /          (o) 804.243.0229
 University of    /     OS/2 is irrelevant.      \          (f) 804.243.0290
 Virginia,        \     UNIX is irrelevant.      /        prs9k@Virginia.EDU
 Neurosurgery     /     Openness is futile.      \     prs9k@Virginia.BITNET
 HP-UX is my life!\ Prepare to be assimilated... /   ...uunet!virginia!prs9k

Newsgroups: misc.invest
Subject: Re: Could someone talk to me about Novell (NOVL-OTC)
From: gary@cdthq.UUCP (Gary Heston)
Date: Thu, 17 Dec 92 20:25:14 CST
Organization: Garys' Home for Obsolete Computers

bohnert@leland.Stanford.EDU (matthew bohnert) writes:

> This time I've got some bad vibes, however, because of all the chatter I hear
> about Microsoft's future domination of all PC networking systems (things that
> will make NOVL's products obsolete, etc.).  I have to confess that I don't
> know as much about this as I should.  Does anyone on misc.invest have any 
> comments on NOVL's future viability?  I'm always interested in any opinion.

Novell currently has about a 70% market share, even being 
grossly overpriced for a fancy hard drive/printer mux package.

Microsoft is incurring a lot of wrath with buggy, limited 
products (note: I deal with Novell at work, and haven't used
Microsofts' LAN products; I just read a lot). The last attempt
at LAN products from MS flopped miserably; further, they seem
to be trying to define their own standards incompatable with 
the existing industry products. (Last week, they announced 
that a critical piece of interface code needed by developers
of competing LAN email products would be delayed until 4Q'93,
forcing them to use Microsofts' product as a transport instead
of being able to write their own. This did *not* win them any
friends among the developers.) Add to that the ongoing FTC
investigation about undocumented OS calls and the crashing 
of their latest rushed-out-the-door database product (called
Access, I think), and the picture is not encouraging for them
producing a viable product. I've no doubt they'll gain some
market share, but there's no way I can see that they'll be
replacing much of the Novell installations. 

I don't forsee Novell suffering. Actually, they seem to suceed
very well for what they provide. 

Gary Heston, at home...
gary@cdthq.uucp
Newsgroups: misc.invest
From: barrada@infonode.ingr.com (Ahmed Barrada)
Subject: Re: Fidelity Magellan?
Organization: Intergraph Corporation, Huntsville, AL.
Date: Wed, 16 Dec 1992 14:58:26 GMT

In article <jaeastman-151292141754@jmac.msd.anl.gov> jaeastman@anl.gov (Jeff Eastman) writes:
>I noticed in the paper that Fidelity's Magellan mutual fund fell by almost
>$6 last
>Friday.  This is about 10% of the fund's value.  The price in today's paper
>is still
>the lower value, so it doesn't appear to be a misprint.  The other Fidelity
>growth
>funds did not show this drop in price.  What happened?
>
>_______________
>Jeff Eastman
>jaeastman@anl.gov
>_______________

went x-dividend

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
From: antoni@hpcupt1.cup.hp.com (Antoni Drudis)
Date: Tue, 15 Dec 1992 01:25:48 GMT
Subject: Taxes from gifts from foreign nationals
Organization: Hewlett Packard, Cupertino
Newsgroups: misc.invest

Another gift tax question:  how are gifts from foreign
nationals taxed?

(taxes from gifts from U.S. taxpayers are paid by the
donnor, but what if the donnor is not a taxpayer?)


thanks++;

Antoni Drudis
Newsgroups: misc.invest
From: nicklaus@lonetree.physics.wisc.edu (Dennis Nicklaus)
Subject: Re: ESOP - Can they really do this????  Also GE Stock.
Organization: High Energy Physics
Date: Fri, 18 Dec 92 16:28:02 GMT

In article <1gqn2qINN5pg@usenet.INS.CWRU.Edu>, ci483@cleveland.Freenet.Edu (Babu Narasimhan) writes:
|> 
|> My employer had a standard vanilla type of Employee Stock
|> Option Plan for purchasing the Company stock. This plan
|> ... Pretty Standard stuff
|> so far.....except they threw in a wrench in the works
|> recently.
|> 
|> They now require you to hold on to the stock for a year before
|> it can be sold and this is done to "promote long term interest
|> ...Is something changing in the tax code for 93 to make this
|> not so beneficial for corporations?. Secondly, can they
|> really implement a rule like this.

Actually, something changed in the tax code about 3-4 years ago regarding
ESOPs which made them less desireable for companies.  Prior to that
change, a company could basically "give" you stock as sort of an extra
benefit/pay and get a tax credit for implementing this ESOP so that
it was almost "free" for the company to do so.
This all changed, however (and consequently, my old employer, GE, 
ended its ESOP and you had to take a distribution of your accumulated stock.

But I don't know about any more recent changes. 
And in response to your last question, I'd say the answer is,
"Yes, they can" since they are doing it.   But I really don't know
anything about it so keep that in mind when considering the validity of 
my answer.

Since I mentioned GE above, I have a couple observations:
I find it very interesting that GE gets practically no "press"
in this newsgroup.  Are all you GE investors just  quiet lurkers out
there?  I mean, GE is right up there in company size with GM and IBM,
but you almost never see investment discussions of GE here relative to
those other companies.  GE has
had quite a good run-up over the last couple months, from something like
75 to around 84 now.  Any opinions on where it'll go from here?
It had been oscillating between 73-80 pretty consistently for a year or so.

Dennis
From: mcaldon@igc.apc.org (McAldon International Inc.)
Newsgroups: misc.invest
Subject: Re: Market Trends
Date: 18 Dec 92 06:23:00 GMT
Nf-ID: #R:1gnqhuINNll2@seven-up.east.sun.c:334279290:cdp:1426500308:000:795
Nf-From: cdp.UUCP!mcaldon    Dec 17 22:23:00 1992


|Why are so many of the high-technology stocks going down just
|because IBM is? It looks as though a huge lot of high-tech
|stocks are following IBM's fall. I am wondering if they will
|rebound at some point even if IBM continues to fall.
|/laura

It seems likely to me that the market is guessing we're coming to the
end, at least temporarily, of the PC buying binge that's been boosting
high-tech stocks such as memory devices, software, etc.  If that's so,
the decline should spread.   DMcKenzie
                           
|                        |     "Nobody ever went broke from     |    
|    mcaldon@igc.org     |   underestimating the intelligence   |
|                        | of the American public."  HL Mencken |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
From: warren@cbnewsh.cb.att.com (warren.a.montgomery)
Newsgroups: misc.invest
Subject: Gas/Oil production partnerships/Evergreen Securities
Date: 17 Dec 92 14:59:29 GMT
Distribution: usa
Organization: AT&T

I was recently approached in a cold call from Evergreen Securities
on an Oil and Gas production partnership.  The deal sounded too
good to be true, and I know enough not to go for cold calls like
this, but I wondered whether anyone out there had experience with
this type of investment or the company in question.  The
investment was in a partnership for Gas/Oil production from a
property with proven reserves.  It promised a return of 15%
annually for 37 years based on the known reserves, with some tax
benefit as well.  The funds obtained in the offering were to be
used to drill new production wells with the potential to increase
the return.  I could not get the agents to enumerate the risks
here, and the prospectus was little help, but a 15% return must
come with substantial risk or someone is playing santa claus.  I'm
not seriously considering this, but would be interested in any
suggestions to learn more about evaluating this kind of investment.

-- 

	Warren Montgomery
	att!iexist!warren
From: hcb@netcom.com (H. C. Bowman)
Newsgroups: misc.invest
Subject: Financial wire retrieval service: recommendations?
Keywords: investments, financial wire, on-line services
Date: 15 Dec 92 20:36:54 GMT
Organization: Box of Rain Productions


Could someone please help me?  I'm thinking about taking the plunge and
trading securities through a discount broker.  I would like to give myself
every advantage in this endeavor, so I'm looking for an on-line retrieval
service that would permit me to access articles off of the financial wire
that relate to companies I'm interested in.  Long distance isn't a pro-
blem since I'm in Arkansas and nothing is local, but I would prefer to
be charged by usage rather than by a flat fee.  Please e-mail to
hcb@netcom.com.  Thanks!

--Cliff

-- 
| Cliff Bowman     |(501) 968-2232 Voice | As of 1 December, 1992, I was |
| Electronics Wonk |(501) 964-6118 Pager | approximately $1,017,077 shy  |
| Innovation Ind.  |(501) 968-7986 Fax   | of being a millionare.        |
From: chang-mark-yan-ming@cs.yale.edu (Mark Yan-Ming Chang)
Newsgroups: misc.invest
Subject: Asia Market Index info in U.S.?
Date: 16 Dec 1992 11:44:50 -0500
Organization: Yale University Computer Science Dept., New Haven, CT 06520-2158
Distribution: world
NNTP-Posting-Host: na-gw.cs.yale.edu


The Asia markets have a big time difference from the U.S. Is there any source
to get the Asia market closing prices soon after they close, rather than wait
for the next day's news paper in the U.S.?

Some of the early radio news talk about Japanese market sometimes, 
but not much about markets in Hong Kong, Australia, etc.

Mark
-- 
--- Mark (changym@cs.Yale.edu, decvax!yale!changym, changym@YaleCS.BITNET)
Newsgroups: misc.invest,misc.consumers,misc.entrepreneurs,soc.college,soc.college.grad
From: kizior@rtsg.mot.com (Paul Kizior)
Subject: Lawyer for refinancing?
Organization: Motorola Inc., Cellular Infrastructure Group
Distribution: na
Date: Fri, 11 Dec 1992 14:38:49 GMT

Is a lawyer needed for a refinancing of a home mortgage?  If you don't need
one, is there anything one should look out for that the mortgage company 
can do that can "burn" you at the closing?

Also, this is to everyone that has refinanced...... how much money was 
needed at closing (for stuff like title charges, city or county stamps, 
etc.)?  Is it usually the same costs involved in your first mortgage?

One last question.  What rates have people received lately?  especially
for 15 yr. fixed rates?

Newsgroups: misc.invest
From: cs101a64@ih-nxt09.cso.uiuc.edu (cs101 student)
Subject: Re: penny-stocks
Organization: University of Illinois at Urbana
Distribution: misc
Date: Thu, 17 Dec 1992 02:54:49 GMT

In article <1992Dec16.223532.9269@rose.com> andrew.delic@rose.com (andrew  
delic) writes:
> I'm new to investing and 'playing the market' - and I recently bouught a 
> pile of shares which are penny-stocks.  My financial advisor told me he
> felt 'very comfortable' with this stock.
> 
> I found out (after buying the stock) that penny-stocks are extremely
> dangerous and very risky.  I went for another visit to my advisor,
> and he re-assured me that this company has earnings, etc, etc.
> 
> Should I be feeling safe with my money now?  After all, I am dealing
> with a reputable company and a professional advisor who is in tune with
> the market and knows what's going on and whats coming up, etc.

DUMP THE PENNY STOCKS AND YOUR ADVISOR!  You should probably file a  
complaint about your advisor and a lawsuit for any losses.  Your advisor  
may be the company's way of dumping stocks it does not want or he/she may  
be trying to inflate commissions.  Obviously, your advisor did not inform  
you of the risks.Then read some good books on investing.  I recommend  
reading The Intelligent Investor by Benjamin Graham (I have yet to read  
this one but I hear it is excellent, and I am a believer in  
Graham-and-Dodd value investing.), The New Contrarian Investment Strategy  
by David Dreman, One Up on Wall Street by Peter Lynch, The Perfect  
Investment by Lowell Miller (I wouldn't follow his technical analysis  
because reading patterns in the charts is very subjective, and I do not  
know where to get charts.), and books by William Donoghue, spokesperson  
for the money market fund industry.  I also recommend reading Forbes for  
the columns by David Dreman and Mark Hulbert (who writes a book that  
tracks the records of investment newsletters).

P.S.:  In the future, take with an entire shaker of salt anything that  
your advisor or broker says.  Unlike the people mentioned above, brokers  
and advisors work for commissions.
Newsgroups: misc.invest
From: watanabe@cs.uiuc.edu (Larry Watanabe)
Subject: Re: What is wrong with MicroSoft ?!!!
Organization: University of Illinois, Dept. of Comp. Sci., Urbana, IL
Date: Fri, 18 Dec 1992 16:53:08 GMT

paul@panix.com (Paul Gatker) writes:


>>The reason microsoft is going down is because they are under investigation from the 
>>ftc for violations regading the way they market dos.  If someone has the most recent
>>article, maybe they could post it.  No formal suit has been filed, to my knowledge
>>as of yet.


> The reason why Microsoft might be going up in the future is that their new
>network systems could usurp both Artisoft's and Novell's market share!

There was a news item today, saying that the FTC will be 
taking action against Microsft. Maybe this is a good time 
to invest in Novell.

-Larry Watanabe watanabe@cs.uiuc.edu
Newsgroups: misc.invest
From: pmahler@netcom.com (Paul Mahler)
Subject: Cost of a new vehicle --shareware program
Organization: Netcom - Online Communication Services  (408 241-9760 guest) 
Date: Thu, 17 Dec 1992 04:52:42 GMT

Some time ago, there was a thread in this group asking for a 
program that would tell the cost of leasing a car vs. paying
cash or financing.  I now have such a program for dos if
anyone is interested.  Send me mail and I can send you a copy.
It's shareware.

Does anyone have a suggestion for an archive I could FTP the
thing to?

-- 
--------------------------------------------------------------
Paul Mahler                   internet: pmahler@netcom.com
Data Based Systems, Inc.
Database Systems Development
1800 Market St. #257          voice: 415.518.8459
San Francisco, CA 94102       

"I work for myself; there's no one else to blame it on." 
-------------------------------------------------------------

Newsgroups: misc.invest