HDTenEightyP/NetNews huggingface dataset:
Newsgroups: misc.invest
Date: Tue, 15 Sep 1992 01:32:33 -0400 
From: Jay Whitman <jw8l+@andrew.cmu.edu>
Subject: Ames Department Stores

Ames Department Stores (ADD), a northeastern chain, has been trading on
the New York Stock exchange. Yet recently it has not been listed in the
newspapers.  It has been operating under Chapter 11 bankruptcy for some
time but I have not heard any reason for it to have been delisted.

Does anyone have any information as to why it does not show up in the
NYSE listings anymore?
From: sasha@ra.cs.umb.edu (Alexander Chislenko)
Newsgroups: misc.invest
Subject: Trading program.
Date: 5 Sep 92 00:33:08 GMT
Distribution: na
Organization: University of Massachusetts at Boston, Dept of Math and CS


   It looks like I finally found a trading algorithm that can bring me $
without any investment or risk.  At least I think so.
Now I need to find a broker who takes no more than 2% commission on options,
and get access to a trading program which I could enhance with my applica-
tion (or at least a good real-time quote line).
Do those things exist?
   Or can I approach some brokerage firm with my idea and hope I get what
it's worth?

   I would appreciate any advice (or cooperate with anybody who has the
above mentioned resources.

	Alex.
Newsgroups: misc.invest
From: jaeastman@anl.gov (Jeff Eastman)
Subject: Re: Savings Bond Interest
Followup-To: misc.invest
Organization: Argonne National Laboratory
Distribution: usa
Date: Mon, 14 Sep 1992 15:30:49 GMT

In article <1992Sep14.114539.15950@oswego.Oswego.EDU>,
colburn@oswego.Oswego.edu wrote:
> 
> Could someone explain how interest works on EE bonds?  I know it is paid every
> 6 months and assume the dates are based on the month of purchase.  Does it
> matter what day in the month you buy the bond?  Say I buy a bond today (9/14),
> Would I be wasting the 2 weeks interest I'd get if I waited till 9/30?  Would
> the interest be credited every 3/31 and 9/30? (So it'd be best to cash in on
> 4/1 for 10/1)
> 

Is it true that interest is only paid every six months?  So if a bond is
held 2 years
and 5 months it will only earn interest for 2 years?  This would be a
bigger penalty
than would be gained by buying the bond on the last day of the month (I
know that
it is true that the bond earns interest for the entire month even if bought
the last
day of the month)
_______________
Jeff Eastman
jaeastman@anl.gov
_______________
Newsgroups: misc.invest
Subject: Re: 401k Rollover Legality Question
From: gary@cdthq.UUCP (Gary Heston)
Date: Sun, 06 Sep 92 21:46:54 CDT
Organization: Garys' Home for Obsolete Computers

chang-mark-yan-ming@CS.YALE.EDU (Mark Yan-Ming Chang) writes:

> In article <qwTLqB2w161w@cdthq.UUCP> gary@cdthq.UUCP (Gary Heston) writes:
> >jhc@m2lll.uucp (James H. Coombs) writes:
> >
> >Another tax trap, not directly related to 401Ks but having to do with
> >deferred and nondeferred IRAs, forces you to take withdrawls proportionatly,
>  ^^^^^^^^     ^^^^^^^^^^^
> >even if you've kept the accounts separate, forcing you to pay penalties
> >unnecessarily.
> 
> Do you mean deductible and nondeductible contributions to IRA?
> Nondeferred for what?

No, I mean deferred and nondeferred. You don't get a deduction for the
contributions, you get to defer taxes on them. There is a difference, 
since a deduction is a premanent reduction; i.e., you have no future 
liability for a deduction.

Barring audits, disallowals, and other shenanigans by the feds....

Gary Heston, at home....
gary@cdthq.uucp
From: rsj@seuss.aa.ox.com (Rick Jaffe)
Newsgroups: misc.invest
Subject: standard deviations of stock and index prices
Date: 8 Sep 92 21:16:08 GMT
Organization: OTA Limited Partnership -- Ann Arbor, MI
NNTP-Posting-Host: seuss.aa.ox.com


Where can I find measures of standard deviation of stock and index
prices?  I prefer the following, but I'll take whatever I can get:
 . annual standard deviations;
 . based on closing prices;
 . on-line
 . free

-- 
USMail:   OTA Limited Partnership, 101 N. Main, Suite 410, Ann Arbor, MI  48104
Phone:	  +1 313 930-1888	FAX:	+1 313 930-6636
UUCP:	  <backbone>!heifetz!leebai!rsj
Internet: rsj@ox.com
Newsgroups: misc.invest
From: cjb3701@ritvax.isc.rit.edu (Chris Bigenwald)
Subject: Effects of U.S. national debt
Reply-To: cjb3701@ritvax.isc.rit.edu
Organization: Rochester Institute of Technology
Date: Sat, 12 Sep 1992 02:20:26 GMT

What are people's opinions on the long term effects of the national
debt on investing?  I heard that the debt is around $15,000.00 per
person.  I saw a clip for a video "doomsday" series available for
purchase and it made me nervous (I only saw the ad, not the entire
series of videos.)

Perhaps gold is a good long-term investment rather than stocks?

- Chris
Newsgroups: misc.invest
From: chang-mark-yan-ming@CS.YALE.EDU (Mark Yan-Ming Chang)
Subject: nondeferred = nondeductible IRA?
Organization: Yale University Computer Science Dept., New Haven, CT 06520-2158
Distribution: usa
Date: Tue, 8 Sep 1992 16:55:15 GMT


I know what a nondeductible IRA contribution is. This contribution is made 
using after-tax dollars. Income in the IRA is tax deferred till you take make
money out.

But what is nondeferred IRA?

Mark
-- 
--- Mark (changym@cs.Yale.edu, decvax!yale!changym, changym@YaleCS.BITNET)
Newsgroups: misc.invest
From: sunil@netcom.com (SUNIL DHINGRA)
Subject: Good buys around ?
Date: Fri, 11 Sep 92 17:32:01 GMT
Organization: Netcom - Online Communication Services  (408 241-9760 guest) 


OK guys, what do you think .....

Now that NASDAQ seems to be showing some movement,one pick that comes 
to mind is ADBE, badly been beaten in the last quarter or so - from a 
high of 68 it is down to 34 and is running today at its 52 week low with
a P/E of 14. Earnings estimates are down for this qtr ( results to be 
announced Tuesday) from 65 cents to 61. Shearson has them on their 
hot buys list...Earnings for '93 down from 3.15 to 290, still good enough
for many to rate it a good pick. ..

Now the stock is a good buy and also it has Jan 94 LEAPS selling at a good
price ....

Any comments from all the people on the net ? Will somebody start a debate
on good buys around and make reading this reading this net worthwhile (
that will get some replies! ) Now that I have my 2 cents worth, send yours
in while somebody is reading ... 

have fun,
From: pamhall@henson.cc.wwu.edu (Pamela Hall)
Newsgroups: misc.invest
Subject: Re: What is CUSIP NUMBER?
Date: 15 Sep 92 19:37:06 GMT
Article-I.D.: henson.1992Sep15.193706.566
Distribution: usa
Organization: Western Washington University


The CUSIP number is assigned to securities (such as common stock) by 
Standard & Poor's.  It is basically an identifier.  The numbers are
assigned sort of alphabetically.  Thus, if you were to alphabetize all the
companies that had a CUSIP number, the CUSIPs would go from the lowest
number to the highest.  The CUSIP number is 8 characters (mostly numbers)
with the first 6 numbers identifying the company and the last 2 numbers
identifying the particular security issued by the company.

As far as mutual funds go, I'm not sure if they would have a CUSIP number
or not.
Pamela
From: rauchfuss@hpfcso.FC.HP.COM (Brian Rauchfuss)
Date: Thu, 10 Sep 1992 21:09:36 GMT
Subject: Re: Bonds being called... ?
Organization: Hewlett-Packard, Fort Collins, CO, USA
Newsgroups: misc.invest

In misc.invest, rich@haven.mitre.org (Rich Verjinski) writes:

> Is the salesmans reason legitimate for moving my fathers
> money out of this bond fund?  I realize that my father
> may want to move this money because the bond fund is 
> performing poorly, but should he bail out just because
> bonds in the portfolio are being called? 

Almost all Paine Webber mutual funds have a terrible track record, and I would
advise moving to a fund family which does better.

BDR
From: sudeep@arc.UUCP (Sudeep Sharma)
Newsgroups: misc.invest
Subject: Phone no. for Pacific Brokerage
Date: 14 Sep 92 19:25:24 GMT
Distribution: usa
Organization: Advansoft Research Corp, Santa Clara, CA


 Would someone please post the telephone number
 for Pacific Brokerage.

 Thanx in advance

 Sudeep
Newsgroups: misc.invest
From: cep@taligent.com (Christophe Pettus)
Subject: Re: Question about more generous IRAs.
Organization: Taligent, a little subsidiary of two really big companies.
Date: Fri, 11 Sep 1992 19:13:30 GMT

In article <1992Sep10.230813.10725@colorado.edu> wouk@alumni.cs.colorado.edu (Arthur Wouk) writes:
>what makes you think that the tax rate when you withdraw will be less
>that the tax rate in the years you were avoiding taxes? no
>preferential treatment in current terms can be valued properly over
>the long run. about the most you can guarantee is that you will have a
>lot of taxable income some time in the future. the tax rate at that
>time is not predictable.

This is true, but you know that income in the account will build
untaxed.  This advantage exists regardless of the federal income tax
rate.  Further, you can guess that your taxable income from other
sources will be less, presumably because you've retired.
--
-- Christophe

"Black is the color of non-conformity.  Everyone has to have it."
	T-shirt company executive
Newsgroups: misc.invest
Subject: Re: Star/Cirrus network access feenex
From: newwave@desire.wright.edu
Date: 4 Sep 92 16:16:35 EST
Distribution: usa
Organization: Wright State University 

In article <1992Sep1.171620.26956@donner.SanDiego.NCR.COM>, josh@tara.SanDiego.NCR.COM (Josh Mereminsky) writes:
> 
> 
> A friend of mine tells me that his checking account at a credit union does
> not charge him a network accesss fee when using ATMs of other banks that
> are on the Star or Cirrus networks.  I am charged $1.00 each time I use
> another bank's ATM and was under the impression that this was an unavoidable
> charge.  It seems unlikely that a bank would cover those charges for its
> customers.  
> 
> Does anyone else out there have accounts which waive the network access fee?

I doubt it.

> 
> If so, is there a limit to the number of ATM transactions you make per month
> before being charged.  Also, do these fees vary from institution to
> institution?

  Some time back, my financial institution started charging for every ATM
transaction (even deposits) after the first free six transactions/month.
After which they would charge $0.60 for following transactions.  The 
institution I do business with leases the Green Machine/Money Station services.
They would charge $2.00 fee for any transfers on any other ATM other than
the GM/MS ATMs.  Other ATM include (Plus, Access, etc.)

> 
> Thanks,
> Josh Mereminsky
> NCR Corporation - E&M San Diego
> josh.mereminsky@SanDiego.ncr.com


Cheers...
K. Desai
Newsgroups: misc.invest
Subject: 2 ?s concerning SGI and 12b-1 fees
From: newwave@desire.wright.edu
Date: 11 Sep 92 09:25:35 EST
Organization: Wright State University 


HI:

  Two questions for the readers of this newsgroup:

  - Does Silicon Graphics have a Dividend Reinvestment program?  If so, who
    do I call at what number?

  - What is 12b-1 fees?  I have read it in numerous prospectus but have not
    found the reference to its definition.

Cheers...
K. Desai
From: timlee@public.btr.com
Newsgroups: misc.invest
Subject: Re: direct stock purchases...
Date: 12 Sep 92 06:05:31 GMT
Reply-To: timlee@btr.com (Timothy J. Lee)
Followup-To: misc.invest

ar017@cleveland.Freenet.Edu (Nolan Whitaker) writes:
|
|[dividend reinvestment plans]
|
|Advantages:
|1. No broker fee

... to buy, usually.

|2.  You can buy not only whole shares but also fractional ones
|
|Disadvantage:
|1.  Not as liquid an investment since the company retains th
|    share certificates until you drop out of the program
|2.  You must already own at least the minimum # of shares
|    required to participate (usually 1, but I think AT&T
|    requires 10)--- Note that there are ways to get 1 share
|    without a broker's fee in some cases (more on this later)

A few companies allow buying the first share directly.

|3.  Your money must be sent in advance & it is invested at
|    a previously specified date (soecified by company)
|    so you may not get a good price per share...

4.  More recordkeeping, since many lots of fractional shares
(usually at least 4 per year) make capital gains calculations
more complicated.

--------------------------------------------------------------------
Timothy J. Lee                 timlee@btr.com  ...!decwrl!btr!timlee
This message comes with no warranty, not even an implied warranty of
fitness for any particular purpose.
Newsgroups: misc.invest
From: tony2@prefect.uucp (21131-gozdz)
Subject: Re: Any problems with U.S. Savings Bonds?
Organization: Bellcore, Livingston, NJ
Date: Wed, 9 Sep 92 22:21:08 GMT

In article <1992Sep9.140159.7173@news.iastate.edu> bible@iastate.edu (Anthony E Bible) writes:
>In article <72174@apple.Apple.COM> aaker@apple.com (Mark Aaker) writes:
>>
>>Does anyone know any reasons to avoid U.S. Savings Bonds
>>over the next five year period?
>>
                         [stuff deleted]

>have already purchased, but it would affect future purchases.  The final
>disadvantage I can think of is that you must hold the bonds for some minimum
>time before you can cash them in -- a couple months or so -- so you cannot get
                                     ^^^^^^^^^^^^^^^^^^^^^
>at your most recent purchases if you need the money.

While I wholly agree with Tony's conclusion that the US
Savings Bonds are an unexciting and unattractive
investment vehicle, the matters are even worse if you
do need to cash them quickly - you've got to hold them
for at least SIX months, not two. And you'll get ~4%...

Tony
-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-*-
Antoni S. Gozdz                tel  (908) 758-2931  |  Bellcore  NVC 3X-261
tony2@prefect.cc.bellcore.com  FAX  (908) 741-2891  |  Red Bank, NJ 07701, USA
                           no .sig, strictly business
Newsgroups: misc.invest
From: sysbrc@loki.albany.edu (Brian Cuttler)
Subject: Disney stock
Summary: Direct purchase
Organization: State University of New York at Albany
Date: Wed, 9 Sep 92 15:51:27 GMT

Hello,

I'd like to purchase Disney common stock - direct since it should be
cheaper.  (Small purchase - my wife is a big fan of Disney and they
look like an ok investment).

The Question:  Will someone please email me the phone number for the
correct department in Disney to get stock purchase information?

						Thanks in advance,

						Brian

------------------------------------------------------------------------------
 Brian R Cuttler                 |        bitnet:    sysbrc@albnyvms
 Senior System Programmer        |        internet:  sysbrc@uacsc1.albany.edu
 State Univ of NY at Albany      |        phone:     518-442-3697
                                 |        fax:       518-442-3697
------------------------------------------------------------------------------


-- 
------------------------------------------------------------------------------
 Brian R Cuttler                 |        bitnet:    sysbrc@albnyvms
 Senior System Programmer        |        internet:  sysbrc@uacsc1.albany.edu
 State Univ of NY at Albany      |        phone:     518-442-3697
From: chedley@carthago.intel.com (CHEDLEY_AOURIRI)
Newsgroups: misc.invest
Subject: Re: Effects of U.S. national debt
Date: 14 Sep 92 17:50:17 GMT
Reply-To: chedley@carthago.intel.com (CHEDLEY_AOURIRI)
Organization: Intel-Corp,_Hillsboro,_Oregon

In article <1992Sep12.022026.10367@ultb.isc.rit.edu>, cjb3701@ritvax.isc.rit.edu (Chris Bigenwald) writes:
|> What are people's opinions on the long term effects of the national
|> debt on investing?  I heard that the debt is around $15,000.00 per
|> person.  I saw a clip for a video "doomsday" series available for
|> purchase and it made me nervous (I only saw the ad, not the entire
|> series of videos.)
|> 

Yes, the US public debt is staggering. Interest alone is ticking at the
rate of several thousands of dollars per second...

The principal long term effect of debt is in lost opportunities.
Because we need to service the debt (ie. pay principal and interest
monthly), money is sifted away from other opportunities.
For example, we could invest heavily in new technologies, or in the 
former Soviet Union, or....

However, do'nt blindly buy the "doomsday" scenarios caused by the huge
debt. Remember that: 

--> The US debt is denominated in US dollars. Ie. the US can always print
   money to pay it off. Most other countries do'nt have that luxury.
   Although that will have some serious negative implications of its own
   (higher inflation, and higher interest rates for example).

--> A huge amount of debt is not necessarily negative. 
   It is what you DO WITH THE BORROWED MONEY that really matters.  

   For example, if an individual borrows money to build a house or fix a car,
   I'd consider that positive. But if s-he borrows to gamble, indulge 
   in expensive vacations,..etc...that's probably an unwise use of debt.
   Same for a country.
   If a country borrows to invest in public projects : housing, schools, 
   roads, dams, airports,..etc.. that's positive. But if the borrowing is 
   used to finance wars or consumption, that may be an unwise use of debt.

   Note that the current huge debt accumulated by the US in the 80's has 
   been mainly used to finance cold war build up and consumption.
   Very little has been "invested" in infrastructure.
   BTW, 
   this is the main difference between Republicans and Democrats in 
   their current economic plans for the US.

   Democrats do'nt shy away from taxes and deficits if they are "invested" 
   to build roads, schools,..etc..and generate jobs in these areas.
   Republicans reply that "investment" is "consumption" by another name!!!

   Economists define "investment" as "future or delayed consumption",
   a form of "saving" if you will.

..CHEDLEY..
..!{uunet|tektronix|ogicse}!littlei!chedley    chedley@carthago.intel.com     
------------------------------------------------------------------------
Standard Disclaim: The above statements and opinions are strictly mine,
and do not represent any company or organization's position.
......................................................................
Newsgroups: misc.invest
From: declrckd@rtsg.mot.com (Dan J. Declerck)
Subject: Re: Did Little Caesars buy Domino's?
Organization: Motorola Inc., Cellular Infrastructure Group
Date: Tue, 8 Sep 1992 22:01:36 GMT

In article <92252.113410WJT101@psuvm.psu.edu> <WJT101@psuvm.psu.edu> writes:
>Hello.
>I am trying to clarify a news story I heard a couple of weeks ago and this
> is the only netnews group I thought might be able to answer my question.
> I understand Tom Monaghan has both his baseball team (Detroit Tigers) and his
> company (Domino's Pizza) up for sale.  I caught the tail-end of a story on I
> believe ESPN that said Monaghan had agreed to sell to Little Caesars.  Sell
> what?  His baseball team or the pizza biz?  I would assume it would be his
> pizza company but why would something like that have made ESPN??  Can anyone
> help me get to the bottom of this??  Thanks!!

No, Monaghan's business has been "squeezed" as of late. He sold the Tigers
(Baseball team) to another owner of a Detroit-based Pizza franchise "Little
Caesars" (mike Ilitch??). It's interesting to note the companies that came from the Detroit Area:

1) NBD Bancorp (National Bank of Detroit
2) Manufacturers National Bank
3) Dominos Pizza
4) Little Caesars Pizza
5) Fretter Appliance
6) Highland Appliance (ouch!)
7) Stroh Brewery (now part of Coors)

-- 
=> Dan DeClerck                      |  EMAIL: dand%isdgsm@rtsg.mot.com   <=
=> Motorola Intl Subscriber Group    |                                    <=
=>                                   |  Phone: (708) 632-4486             <=
----------------------------------------------------------------------------
Newsgroups: misc.invest
From: irving@Happy-Man.com (Irving_Wolfe)
Subject: Books or Software for Series 7 Exam
Reply-To: Irving_Wolfe@Happy-Man.com
Organization: Happy Man Corp., Vashon Island, WA 98070-7399
Date: Fri, 11 Sep 1992 17:28:33 GMT

Does anyone have any experience with tools to prepare for the
Series 7 securities exam, either books or computer programs?  I'd
be interested in what's good, as well as what to stay away from.

Thanks!
-- 
 Irving_Wolfe@Happy-Man.com      Happy Man Corp.  206/463-9399 x101
 4410 SW Pt. Robinson Rd., Vashon Island, WA  98070-7399   fax x108
 We publish SOLID VALUE for the intelligent investor.   NextMail OK
Info free; sample $20.  Send POSTAL addrs: Solid-Value@Happy-Man.com
From: pb00+@andrew.cmu.edu (Peter B. Behrens)
Newsgroups: misc.invest
Subject: u.s. savings bonds
Date: 11 Sep 92 14:37:42 GMT
Organization: Masters student, Architecture, Carnegie Mellon, Pittsburgh, PA

Where can I buy u.s. savings bonds?

Peter Behrens
Newsgroups: misc.invest
Subject: Re: need details on devaluating U.S. currency
From: mzwick@vitro.com (Morris J. Zwick)
Date: 8 Sep 92 09:11:32 -0500
Distribution: world
Organization: Vitro Corporation

In article <JON.92Sep3170214@destin.dazixco.ingr.com>
jon@destin.dazixco.ingr.com (Jon Stone) writes:
>
>I'm no expert, but I don't agree with this.
>
>If the dollar were de-valuated by some large amount, say 500%, then
>your house mortgage for $100,000 yesterday would now be worth $20,000
>in de-valuated dollars.  Obviously lending institutions would be quite
>unhappy about this situation and demand payment indexed to this
>devaluation (i.e.  inflation).  Presuming they could get the
>government to go along with it.  So your house loan would now be
>$500,000 in the devalued currency.
>
>I believe this is exactly what happened in post WW1 Germany.  When
>hyper-inflation set in because of the massive devaluation of the
>currency, banks pushed, and got, these kind of concessions from their
>government.  From their point of view, their outstanding loans were
>becoming worthless without such indexing.  The ordinary citizens saw
>their debts going out of sight, and their salaries not keeping up.
>

The key thing to note here is that Germany was suffering Hyperinflation.
Devaluation in and of itself does not affect the value of any asset. Using your
example, that revalued $20,000 has the same purchasing power (assuming that the
government enforces strictly the devaluation by forcing all prices and wages to
change accordingly) that it had prior to the revaluation. I think this is a
good concept, especially when inflation and interest rates are fairly low, as
they are now.

Imagine paying $1,000 instead of $10,000 for a car. Every dollar (every penny)
becomes much more meaningful. This helps to resist inflation because people can
grasp its affect more easily. In contrast, Italy's lire is regularly used in
increments of a million or more. It is harder for people to grasp the relative
changes in  prices when the numbers are so big. Besides, it forces you to deal
with more demoninations in the currency. For those of you concerned, it would
save the penny as a useful coin.

I think that this action is comparable to companies splitting their stock to
reduce the share price; the value of the company has not changed, nor has the
value owned by the shareholders. Any other thoughts??

         ___________________________________________________________________
        /  Morris J. Zwick	                 Internet: mzwick@vitro.com
__     /   Vitro Corporation	             Voice:    (301) 231-2784
  \   /    14000 Georgia Ave.                ___________________________
   \ /     Silver Spring, MD 20906-2972      |"I don't want the world; |
    *                                        | I just want your half!" |
                                             |  - They Might Be Giants |