HDTenEightyP/NetNews huggingface dataset:
From: rais@rainbow.ecn.purdue.edu (Abdur Rais)
Newsgroups: misc.invest
Subject: Merger: Centel and Sprint
Date: 18 Aug 92 22:01:04 GMT
Distribution: usa
Organization: NEC America, Inc. Irving, Texas

I am posting this for Andrew who is currently having trouble getting
access to the net.
Abdur
-------


On May 26, 1992 Centel and Sprint announced an intend to merge the
two companies. Each Centel stock would be worth 1.37 Sprint.
My question is, currently Centel is traded at $30.00 and Sprint at
$23.00, why isn't Centel stock price pegged at Sprint's (i.e., 1.37 x
 $23 = $31.50)?  Is there any play here?
  ____________________________________________________________________________
 [							                      ]
 [  Andrew K. Lie                 *#*  (( Any opinions expressed are mine. )) ]
 [  alie@asl.dl.nec.com          ("=") (( They do not represent the views  )) ]
 [                                =*=  (( of my employer, NEC America, Inc.)) ]
 [____________________________________________________________________________]     

In article <6097@gumby.Altos.COM> waynel@gumby.Altos.COM (waynel) writes:
>
>Hi, folks.
>
>	As you known, Silicon Graphics had completed the acquisiton of MIPS
>Computers. Now SGI stock is traded at 21 5/8 per share, PE is about 35. Any
>comments on their near future are appreciated.
Newsgroups: misc.invest
From: bd670@cleveland.Freenet.Edu (Russell I. Dyreng)
Subject: Re: Two basic questions **
Organization: Case Western Reserve University, Cleveland, Ohio, (USA)
Date: Fri, 14 Aug 92 22:44:47 GMT



>I I am relatively new to the wod of investing and
>have two basic questions I can't seem to find ready
>answers for:
>
>1.)  When you take a capital loss with mutual funds or
>     any other investment, can you apply that against
>     your earned income come tax time?  How much?
>
Capital losses are first applied against other unearned income.
You are then allowed to apply up to $3000 against other types of
income annually.  If you have more than $3000, the excess is 
carried over into subsequent years.

>2.)  When you buy government saving bonds, I have heard
>     that they pay 6% if you hold them for five years.
>     If you hold them longer than that (e.g. lose track
>     of them and find them a decade later) do you receive
>     6% interest on the entire time you held them, or just
>     the original five years?
>

US Government bonds have a guaranteed minimum rate of return of
at least 6%.  This applies only to bonds held in excess of 5 
years.  If you find some old, old bonds up in the attic, they
will be worth at least 6% per year.  Bonds redeemed prior 5 
years earn interest at a much lower rate.  There is an 800 
number you can call.  I think that it is 1-800-USBONDS.
>Thanks for listening.
>John

Russ
Newsgroups: misc.invest
From: adwright@iastate.edu ()
Subject: corn prices
Summary: will corn be high or low?
Organization: Iowa State University, Ames IA
Date: Fri, 14 Aug 1992 15:57:39 GMT

Here in Iowa corn looks good, had more than enough rain for pollination.
However, this is a mighty cool August (last night had to use the heater)
Now cool night temps are benificial to corn in that respiration losses
are minimized (more sugars available in the leaves to go to the grain) 
Still, cool weather will cause significant delays in the maturation rate
of the grain. Most corn is in the "roastin ear" stage or further now.
The farmers still have to get it out of the field, (and i hope they will)
but with this crazy weather, it might just be profitable to bet on high 
corn prices, but i wouldnt bet my lifes savings on it.


Newsgroups: misc.invest
From: klur@cbnewsb.cb.att.com (david.s.klur)
Subject: State Bond Fund
Organization: AT&T
Date: Tue, 18 Aug 1992 15:22:50 GMT

What's your opinion on Dreyfus NJ Intermediate Municipal Bond Fund?
The current return (double tax free) is 5.70%, which translates to
8.47% taxable equivalent for me.  What is the relative risk rating
for this fund?  After the hits I took on my equity mutual funds this
year, this doesn't sound bad!

Any advice?

Dave
dklur@attmail.com

Standard Disclaimer
From: johna@psdcae1.gvg.tek.com (John Abt)
Newsgroups: misc.invest
Subject: Altera
Date: 21 Aug 92 14:56:56 GMT
Reply-To: johna@psdcae1.gvg.tek.com (John Abt)
Distribution: usa
Organization: Grass Valley Group, Grass Valley, CA


Altera  (ALTR - NASDAQ) is down 20% to 9.0 over the past
2 days. Anybody know what's going on?

John Abt
Newsgroups: misc.invest
From: newso584@Armstrong.EDU (Robert Newsome)
Subject: AT&T Credit Card
Organization: Armstrong State College, Savannah, GA
Date: Fri, 21 Aug 1992 15:50:22 GMT

Yesterday I recieved a pre-approved application for an AT&T credit card.  This
card listed several advantages such as it is also a phone card, purchases are
insured, etc.  I currently have a CITIBANK mastercard.  Are there advantages
of one card over the over.  I'd liked to hear from other people who use AT&T's
credit cards.

-Robert Newsome
From: frankw@tc.fluke.COM (Frank Wang)
Newsgroups: misc.invest
Subject: possible problem in doing a spread
Date: 21 Aug 92 16:24:28 GMT
Distribution: usa
Organization: John Fluke Mfg. Co., Inc., Everett, WA

Here is a basic question for you option traders.  Have you ever experienced
problems that you couldn't close your spread because there was no market
for it?  For a vertical spread, if both sides are in-the-money, I would
guess closing a spread near expiration date may not be too big a problem.
But, if both sides are out-of-money, there might be a chance that the
spread couldn't be closed due to lack of market for either long or short
side of the order.  


-- 
Frank Wang @ John Fluke Mfg. Co., Inc.
frankw@tc.fluke.com
frankw@milton.u.washington.edu
Newsgroups: misc.invest,sci.econ,soc.culture.african,soc.culture.arabic,soc.culture.turkish,soc.culture.iranian,soc.culture.pakistan,soc.culture.french,soc.culture.afghanistan
From: nabil@ncrcol.ColumbiaSC.NCR.COM (Nabil Idriss)
Subject: Re: How can we help Boznia.
Organization: NCR E&M Columbia SC.
Date: Tue, 18 Aug 92 17:04:19 GMT

In article <l8vksfINN18u@pageboy.cs.utexas.edu> hyder@cs.utexas.edu (Syed Irfan Hyder) writes:
>In article <1075@ncratl.AtlantaGA.NCR.COM> mwilson@ncratl.AtlantaGA.NCR.COM (Mark Wilson) writes:
>>
>>Are you claiming that the west somehow controls the oil producing countries.
>>20 years of very stormy relations give the lie to this statement.  I suppose
>>the oil embargoes of the 70's and the 80's were orchestrated by the west
>>as a cover up, to hide the fact that they were actually in charge.
>>

I think that the West controls the oil producing countries. The oil embargo of
the 70's was a result of a strong pressure from all the Arab countries and it
was a coverup from the ruling families of the Gulf states to prove that they are
really Arabs. Why do you think then the Emir of Kuwait was left on his throne when
everybody knows that he is a dictator?


-- 
Nabil Idriss                           |       FOR EVERY ACTION AN OPPOSITE  
NCR - Midrange Products Division       |       AND EQUAL REACTION.
      Columbia, South Carolina         |      
email: nabil@ncrcol.ColumbiaSC.NCR.COM |
From: colburn@oswego.Oswego.edu
Newsgroups: misc.invest
Subject: Federal Check Printers
Keywords: Mail order checks
Date: 20 Aug 92 14:18:17 GMT
Reply-To: u6k75@lfkw2.bgm.link.com
Distribution: usa
Organization: Instructional Computing Center, SUNY at Oswego, Oswego, NY
Originator: colburn@cloy.oswego.edu

I'm got back from vacation and the postcard I sent to the address I had for
Federal Check Printers was there with a stamped message that said, "Forwarding
Period Expired", or something very close to that so you may as well take the
company off the list I posted a couple of weeks ago.

+-----------------------------------------------------------------+
|  Bret Colburn                                                   |
|  CAE Link - Link Flight Simulation Division                     |
|                                                                 |
|  u6k75@lfkw2.bgm.link.com     or     colburn@oswego.oswego.edu  |
+-----------------------------------------------------------------+
Newsgroups: misc.invest
From: tim@ssd.intel.com (Tim Gates)
Subject: Re: What shows on TV worth watching as an investor?
Organization: Supercomputer Systems Division, Intel Corp.
Date: Wed, 12 Aug 1992 14:38:13 GMT

In article <1992Aug9.212356.19961@tamsun.tamu.edu> tpradeep@cs.tamu.edu (Pradeep K Tapadiya) writes:
>Howdy netters,
>
>While watching TV today, I accidently came across a show on PBS
>called Wall Street Week. I am wondering if someone could suggest
>me other similar shows (daily or weekly).
>
>If need be, I'll summarize the responses on the net.
>
>Thank you.
>
>Pradeep
>tpradeep@cs.tamu.edu

There is a show call "The Nightly Business Report" or NBR that is shown on
the public broadcasting channel (PBS) here in Oregon.  I'm assuming this is
a nationally broadcasted show because the hosts (2) are located in Miami and 
New York City, they do a teleconference-type program.  The show mostly covers
the stock market with a little information from futures and bonds.
From: blee@digi.lonestar.org (Benjamin W. Lee)
Newsgroups: misc.invest
Subject: Re: is it time to invest in Japan?
Date: 19 Aug 92 16:07:04 GMT
Organization: DSC Communications, Plano Tx.

>>   The Tokyo stock market is very sensitive to Japanese Real Estate
>>   Prices, and your return is also predicated on the dollar/yen
>>   exchange rate. Given that the dollar/yen exchange rate is a historic low,
>>   and that the Japanese Real Estate Bubble has a long way to go, the
>>   answer is: NO!
>
> I saw the founder of the Templeton Group on Adam Smith about a month
>ago he was asked if the Nikkei's tumble would pull down world stock
>markets. He responded that a burst of the Japanese real estate market
>would be far more cataclysmic owing to the much larger capitalization.
>I forget the $ figure.
>
>From One Up On Wall Street by Peter Lynch:
>
>"The rise of the Japanese market from 1966 to 1988 has taken the
>Nikkei Dow Jones up seventeenfold as our Dow Jones has only doubled.
>The total market value of all Japanese stocks actually passed that
>of U.S. stocks in April 1977, and the gap has widened since. The
>Japanese have their own way of thinking about stocks, and I don't
>understand it yet. Every time I go over there to study the situation,
>I conclude that all the stocks are gossly overpriced, but they
>keep going higher and higher anyway."
>
>last paragraph page 285.

Funny that you should mentioned this. How Japanese reacted in stock
market was like a suicide mission.
We all knew they were going to fall, even not knew
when, they just kept going up. What people really believe in is that
eventually, there would be a savior or a miracle just pop right out,
everybody will just live happily thereafter. The only reason that support
people beliving so is because of the cost of realizing the fact.
Since short-term speaking, stocks were going only up, why spoil all
the fun?

I believe, there are many many more such example in this world, I am
still not sure if federal debt is one of them. Some of our fellow netter
certainly is conviced the dooms day is coming - just not knowing when.
Just assume it is for now!

I've been reading history books recently. FYI I'm a Chinese and I am
reading Chinese history book in this context. The examples I've seen
is only when the savior do showed up, there would be a turn-around. For
those who weren't lucky enough to get one, they went down the tube. What
is the chance we are going to get somebody who are capable cleaning up the
mess now? Ross Perot thought he could, now he realized how little he can
do and smartly withdraw while he still can. Who else would like to voluntee?
Does Japanese stock bubble bursting tells you a little bit more about how
realistic you and me are?

OTOH, the miracle always showed up. You just don't know WHEN! It's a cycle
of undefined period.
Newsgroups: misc.invest
From: xcpslf@decsrv.NoSubdomain.NoDomain (stephen l favor)
Subject: Re: Morningstar ratings (part 1/3)
Reply-To: xcpslf@decsrv.oryx.com
Organization: Oryx Energy Co., Dallas, Texas.
Date: Tue, 11 Aug 1992 21:10:05 GMT

In article <20397@optima.cs.arizona.edu>, bakken@cs.arizona.edu (Dave Bakken) writes:
|> In article <BsrxL0.DLE@oryx.com> xcpslf@decsrv.oryx.com writes:
|> >|> I would like to add my $0.02.  There are valid points in both arguments.
|> >
|> >There is only one valid point.  It is illegal to reproduce in part or in
|> >whole any copyrighted material without the written consent of the company
|> >holding the copyright.
|> 
|> Not quite.  Not long ago there was a Supreme Court ruling that it
|> is OK to copy something like a phone book's data, since the
|> phone book is devoid of _____ (I forget their wording---something
|> to the effect of creativity or originality or something).  Here 
|> it didn't matter that the phone compmany had put time to collect
|> and store the information.  It doesn't seem to me that the
|> Morningstar data would fit this case, though, since their
|> numbers are not just public data but involve a lot of research
|> and judgement on their part.  But I dunno, any legal beagles
|> out there know better if this is the case?
|> 
|> I do think it was a very bad idea for the guy to post the
|> Morningstar data, BTW, unless it is clearly legal.

Okay, one more time.  This is your newsserver.  This is your newsfeeder.
Your newsfeed will be cut off by your newsfeeder if he/she gets wind
of postings such as the one about Morningstar.  Well, probably not.  Your
personal account will probably get deleted before the system administrators
at your site let that happen.

So now we have:

There is only one valid point.  It is illegal to reproduce in part or in
whole any proprietary information without the written consent of the company
holding the copyright.  Okay, now the phone book isn't included, but the
Morningstar postings are still copyright infringement.
From: cosulliv@fraser.sfu.ca (Christina Marie O'Sullivan)
Newsgroups: misc.invest
Subject: BEA Emerging Markets Fund
Date: 18 Aug 92 18:30:38 GMT
Distribution: misc.invest
Organization: Simon Fraser University, Burnaby, B.C., Canada


Does anyone have updated information on the BEA Emerging Markets Fund, managed
by Emilio Bassini?  The fund had a significant interest in Mexico, was
started in September 1991 and showed signs of success, then slid down to 
its original position of 5.60 (Canadian).  With the NAFTA deal signed, how
has the fund reflected the economic turn of events?
-----------------------------------------------------------------------------
Christina O'Sullivan              I  "We're only in it for the money"
cosulliv@sfu.ca			  I  -- Mothers of Invention
-----------------------------------------------------------------------------
Newsgroups: misc.invest
From: leo@avs.com (Leo O'Donnell)
Subject: Trading history on kronos
Organization: Advanced Visual Systems Inc.
X-Newsreader: Tin 1.1 PL4
Date: Sat, 22 Aug 1992 21:58:10 GMT
X-Posted-From: aurora.avs.com
X-Posted-Through: sol.ctr.columbia.edu

    My wife recently had an interview for a position at a company named
    Kronos. Kronos has been public a little while and is trading on
    NASDAQ. Its currently trading at 13 1/2. I would be interested in
    seeing what its trading history has been like in order to get an idea
    of what investors think about the company. I'd appreciate it if
    someone who's get access to DJ or compuserve would send me a
    trading history (or at least the hilights).

    Thanks,


Leo O'Donnell                Email: leo@avs.com
Advanced Visual Systems      Voice: (617) 890-4300 ext 2120
Waltham, MA
Newsgroups: misc.invest
Subject: Re: How do I get rid of broker????
From: kennedy@inter-tel.com (Matt Kennedy)
Date: 13 Aug 92 23:41:29 GMT
Organization: Inter-Tel, Inc. (Chandler, AZ)

In <jaeastman-120892184355@jmac.msd.anl.gov> jaeastman@anl.gov (Jeff Eastman) writes:
>I am just 
>wondering if there is some kind of regulatory agency I can report this guy
>to?  Is he actually
>breaking any rules in calling me over and over?

     Start by reporting him to the company he works for.  Speak to his direct
superior.  Tell him that if any broker from that office ever calls you again,
you will post the name of the broker,  the  company  name,  the  name  of his
superior, the company address, and the  company  phone  number  in  this news
group.  Warn him of  the  extensive  power of the netters to pass information
and flame.  If you receive another call, follow through on your threat.

     You might also want to call the  phone  company  and see if you have any
options there.

=====================
Matthew S. Kennedy
kennedy@inter-tel.com
=====================
From: ben@bailey.UUCP (Ben Bailey)
Subject: Re: 401k Rollover Legality Question
Newsgroups: misc.invest
Date: 17 Aug 92 22:34:41 GMT
Distribution: world
Organization: Ben Bailey's Home..Tampa Fl.

Better get some real advise from a prof. regarding this.  The 401k rollover
stuff was recently changed, and I'm not sure when it goes/went into
effect.  That advise could be very cheap compared to penalties!

Ben
--
Ben Bailey                 ben@bailey.uucp -- bailey!ben@uunet.uu.net
12210 Shady Forest Dr.     ben@bailey.tscs.com
Riverview, Fl. 33569       -- The main thing is to keep the main
813-677-5021                  thing the main thing.  Mainly.
From: wpr@propln19.teradata.com
Newsgroups: misc.invest
Subject: Equipment Leasing Limited Partnership (ICON)
Date: 14 Aug 92 05:23:22 GMT
Reply-To: wpr@elsegundoca.ncr.com ()
Distribution: usa
Organization: ATT/NCR Teradata Business Unit
Originator: wpr@propln19


Has anyone out there had any personal experiences with equiment
leasing limited partnerships?  The particular one I'm looking
at is ICON Cash Flow Partners Series E for whom the general
partner is ICON Capital Corporation.

Having decided that throwing all my money away by making bad
stock investments is rather boring, I'm considering alternative
ways to throw my money away and this looked somewhat
interesting :-)

While I've been wading through the 150 page prospectus, it
says both too little and too much.  Therefore, I'd appreciate
any feedback anyone has regarding this specific partnership
and/or such partnerships in general.
Newsgroups: misc.invest
From: hcy@cbnewsh.cb.att.com (hon-chi.yu)
Subject: Re: K. Aufhauser & Co., Pacific Brokerage Services
Organization: AT&T
Distribution: usa
Date: Fri, 14 Aug 1992 20:44:33 GMT

In article <1992Aug14.144521.30376@introl.introl.com> ed@introl.introl.com (Ed Zhong) writes:
>In article <1992Aug13.144855.3383@news.nd.edu> dkulkarn@handel.helios.nd.edu (Dinesh Kulkarni) writes:
>>Is Pacific Brokerage Services (from LA I believe) any good ?  Do they
>>get the same rating as K. Aufhauser or better or as good as Schwab does ?
>
>I've been using PBS for years and I'm a very happy customer. The rate is
>(almost) as good as Aufhauser if your normal trade is less than 600 shares.
>Aufhauser has too many restrictions, such as >$50,000 initial deposit(to avoid
>$20 new account fee), >$1,000 cash balance for interests... PBS has none.
>I trade 10-20 times a year with all kind of orders, so far no mistakes or delays
>yet. However, PBS doesn't trade mutual funds or bonds.
>Schwab charges for more than either PBS or Aufhauser.
>
>>In general, it would be useful to know which major brokers (full service,
>>discount, deep discount) to stay away from and which ones are good
>>(esp. in the case of deep discounters where rate is a good incentive
>>for switching) ?
>
>You only use one or two Good brokerage services, like PBS... and keep away
>the rest which you don't have to know if they are good or bad.
>

I have expressed my opinion about PBS before in this newsgroup.
I have acounts with both Schwab & PBS and have executed dozens of trades.
Every stocks trades by PBS were executed *at* the price I specified while 
Schwab sometimes got better prices than specified.  I am convinced that the
PBS traders will make the transaction *at* the specified price even if s/he
is able to get a better price, whereas the Schwab trader may try to see if
s/he can execute the order at better price.  Since stocks prices fluctuate,
chances are, by the time your order arrives at the hands of the traders, 
the current price may have been more favorable, and it will be up to the
traders' decision to try to buy/sell at the better price or just to trade
at the specified price such that to assure the quickest transaction and
made the commission and go on to another trade.
PBS may offer lower commission rate, but if, say, you are trading 1000 shares
of a stock, 1/8 of a dollar of price difference means $125.
Oh, in another instance, PBS forgot to execute my open order---they executed
it immediately when I called them.
Oh while I am on this topic, does anybody knows how these traders keep track
of these open orders?  The curious mind wants to know.
I am not saying that PBS is that bad, just that there is a reason why Schwab
can charge a higher commission.



Standard disclaimer applied.
From: parikh@parikh.austin.ibm.com
Newsgroups: misc.invest
Subject: Any TIPS for the closing on the NEW House?
Date: 18 Aug 92 21:38:43 GMT
Distribution: usa
Organization: IBM PSP, Austin
Originator: parikh@parikh.austin.ibm.com

Hi,
     I will be closing on my new house soon.  I am not bringing  
lawyer to the closing, because, as I heard, it does not worth it.
Anyone please give me some insights to what I should be looking 
for in the documents.  What I should and should not do?
    Please reply to parikh@wizards.austin.ibm.com
Thanks,
Kalpesh Parikh
From: ed@introl.introl.com (Ed Zhong)
Newsgroups: misc.invest
Subject: Re: FNN Signal *** FOR SALE ***
Date: 14 Aug 92 14:22:16 GMT
Article-I.D.: introl.1992Aug14.142216.31664
Organization: Introl Corp.

In article <BstL7G.AH6@rice.edu> pav@dawn.cs.rice.edu (Phuong Vu) writes:
>FOR SALE:  FNN Signal real time quote receiver.
>
>This is the receiver that is used with the real time quote service
>provided by FNN Signal / Lotus Data Corp, which you will need to
>subscribe to if you want the data feed.  I am not an active trader 
>anymore so I would like to sell this.
>
>Best offer over $100.  I think it is selling new for $400 ?
>
>If interested, drop me a note.

What is the service charge per month?


-- 
-------------			-----------------
||	Ed Zhong 		||	I make my money work for me.
||	ed@introl.com		||	I work to make my money work for me.
From: fleck@acsu.buffalo.edu (Richard J. Fleck)
Newsgroups: misc.invest
Subject: Conagra Split
Date: 17 Aug 92 01:27:14 GMT
Distribution: usa
Organization: UB

Can anyone tell me what the split on Conagra was last 
November   2 for 1 or
           3 for 2

Thanks
Rich Fleck
fleck@sybil.cs.buffalo.edu

--
From: root@sickbay.austin.ibm.com
Newsgroups: misc.invest
Subject: How do I get rid of broker????
Summary: broker is a leach ?
Date: 13 Aug 92 13:25:09 GMT
Organization: ttmar Ltd., Austin

>I'm curious if anyone can provide me with some good advice. A couple months
>ago I made
>the mistake of buying 100 shares of stock from a broker who called me and
>claimed to have
< some stuff is deleted >
>wondering if there is some kind of regulatory agency I can report this guy
>to?  Is he actually
>breaking any rules in calling me over and over?  He called today and let my
>phone ring 5 minutes
>after I hung up on him.
>Jeff Eastman
>jaeastman@anl.gov
 It is simple. Next time he calls ask for the sales manager of his office.
 Call the manager and tell him ____________, and __________, so _______ !!
 You can fill out the blank lines. Good luck !
 AMN
Newsgroups: misc.invest