HDTenEightyP/NetNews huggingface dataset:
From: jeffw2@bmw.cfsmo.honeywell.com (Jeff Walberg)
Newsgroups: misc.invest
Subject: Re: mutual funds investing in environment and/or infrastructure
Date: 6 Nov 92 17:04:58 GMT
Article-I.D.: bmw.JEFFW2.92Nov6110458
Distribution: misc
Organization: Honeywell Commercial Flight Systems

In article <SDL.92Nov5155323@rigel.linus.mitre.org> sdl@linus.mitre.org (Steven D. Litvintchouk) writes:


   Once Bill Clinton has become President and begins to enact his
   economic program, it is probable that companies that rebuild the U.S.
   infrastructure and/or help clean up the U.S. environment may profit
   from increased Federal spending in these areas.

   Can anyone suggest any mutual funds whose portfolios stress such
   companies and so are likely to benefit?

I just plunked some money in Financial Strategic Environmental.  The fund
is down about 20% since March, and comes with the standard Financial
benefits (no-load, low minimum investments, automatic investments, lots
of fund choices, etc).

Jeff
--
jeffw2@cfsmo.honeywell.com | There's only so many times you can sit and watch TV
                           | Stay detached, think it's stupid                 
                           | And that you're somehow free.  
                           |      - Greg Brown "America Will Eat You"
From: hajadi@goofy.csd.sgi.com (Ivan Hajadi)
Newsgroups: misc.invest
Subject: Is BACH (Bachman Info.) a bargain nowadays ?
Date: 6 Nov 92 21:16:44 GMT
Distribution: usa
Organization: Silicon Graphics, Inc., Mountain View, CA


The stocks have been on the low side for some time now...

--

/* Ivan hajadi@sgi.com -- Ur Unh..?! Opinions are mine etc. etc.. */
Newsgroups: misc.invest
Subject: Re: Capital Gain -- can't put into another home
From: gary@cdthq.UUCP (Gary Heston)
Date: Mon, 09 Nov 92 21:50:35 CST
Organization: Garys' Home for Obsolete Computers

dfuller@nyx.cs.du.edu (Desi Fuller) writes:

> Here is the scenario:
> 
> My girlfriend has sold here home and receive $50K+ from this sale.
> She has since moved into one of her father's homes while she studies
> for her MCAT.  She does not want to put the money back into another home
> because she plans to go to Med school and that will affect where she is
> living, plus she would like to use this money to help pay for all of this
> schooling.
> 
> Any suggestions on what she should do with this money?  Keep in mind that
> she doesn't need all of it liquid right now.  She would like to pay as 
> little taxes on it while she's at Med School. (ie use little slowly over
> time to pay her expenses).

She's liable for taxes for the year in which she sold the house. If
she's not employed during that year, she may be able to avoid some 
taxes (might get her in a lower tax bracket, but I don't think so).
Presuming that she can buy another house within two years of selling,
at a slightly higher price, she'll be able to defer taxes. In the mean
time, a money-market account is probably best, possibly with some
of the money in mutual funds. 

Gary Heston, at home....
gary@cdthq.uucp
From: chedley@carthago.intel.com (CHEDLEY_AOURIRI)
Newsgroups: misc.invest
Subject: Re: Concept of selling short.
Date: 9 Nov 92 20:58:48 GMT
Reply-To: chedley@carthago.intel.com (CHEDLEY_AOURIRI)
Distribution: usa
Organization: Intel-Corp,_Hillsboro,_Oregon

In article <1dc4g8INNko1@sixgun.East.Sun.COM>, awang@sunpix.East.Sun.COM (Angus Wang - Sun NC Development Center) writes:
...[about shorted shares]...
|> 
|> 1. Who/What determines when you have to come up with those shares?  Can
|> 	they be "called" at any time?
|> 
   Technically, yes.
   The owner of the shorted shares can call them and request you to buy
   them back and return them at any time.

   PRACTICALLY, it almost never happen. Because shorted stock shares are shares
   held in margin accounts in street name, and can be borrowed for as long
   as they are in a margin account.
-- 
..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.
......................................................................
From: McAldon International Inc. <mcaldon@igc.apc.org>
Newsgroups: misc.invest
Date: 12 Nov 92 20:15 PST
Subject: Re: Broker e-mail
Nf-ID: #R:1992Nov10.213315.466@lrc.edu:-1235585943:cdp:1426500294:000:475
Nf-From: cdp.UUCP!mcaldon    Nov 12 20:15:00 1992


|Is it possible to contact major brokerage firms via 
|electronic mail?   that is, can I send e-mail to my
|broker?
|If it is possible, which brokerage firms are connected?

I doubt you'll find any.  Brokers AND their customers like the
fast action of live telephones.  I've not noticed any of them even
suggesting FAX.      DMcKenzie

|    mcaldon@igc.org     | Opinions dispensed herein not guaranteed |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||

Newsgroups: misc.invest
From: stgprao@st.unocal.COM (Richard Ottolini)
Subject: Re: Amoco stock
Organization: Unocal Corporation
Distribution: usa
Date: Fri, 6 Nov 1992 00:32:23 GMT

In article <1992Nov5.183352.22743@iWarp.intel.com> dwight@iWarp.intel.com (Dwight McDuffee) writes:
>
>I've been following Amoco stock for awhile, and it has dropped
>several points the last couple days.  Does anyone know if this
>is due to a general ripple in natural gas stocks because of the
>election, or is there a particular problem with Amoco?
>


Petroleum inventories are high.  The price of crude oil fell 10% in the
past week.  The price should be rising due to winter demand, so investors
think oil companies won't earn as much money.
From: silverman@guvax.acc.georgetown.edu
Newsgroups: misc.invest
Subject: Re: The TIC
Date: 5 Nov 92 14:42:20 GMT
Article-I.D.: guvax.1992Nov5.194220.1657
Distribution: world
Organization: Georgetown University

In article <1992Oct30.230325.14089@ntmtv>, janet@ntmtv.bnr.ca (Janet Jakstys) writes:
> Hi Investors,
> 
> I am just starting to get interested in investing and in the stock
> market.  So much terminology to learn...
> 
> Here's my question...
> What is "THE TIC?"
> 
> Here's my stupid question...
> Does the New York Stock Exchange close for lunch?  If not, when does
> anybody eat?  Just curious!
> 
> Thx,
> Janet
> 
> -- 
> **********************************************************************
> Janet Jakstys         UUCP:{ames,pyramid!amdahl,hplabs}!ntmtv!janet
> Northern Telecom      INTERNET:ntmtv!janet@ames.arc.nasa.gov
> Mtn. View, CA.
> **********************************************************************
Newsgroups: misc.invest
From: craigp@dolphin.sps.mot.com (Craig Petty)
Subject: Boycott Colorado
Organization: None
Date: Thu, 5 Nov 1992 20:46:45 GMT

Colorado has become the first to constitutionalize discrimination.  If you
care about civil rights, please consider boycotting Colorado in all aspects
(business, travel, etc).

I just called Invesco Financial Funds and closed all of my mutual fund
accounts with them.  

This is the company that offers the Industrial Income fund, which has
received extremely positive press the past year in various money magazines.

Someone also mentioned that Janus is based in Co, so I'll be calling them
next to cancel.

Here is the text of the amendment, which passed on Tuesday, 
for those interested:


Colorado #2:

Be it Enacted by the People of the State of Colorado:

Article 2, of the Colorado Constitution is amended by the addition of Section
30, which shall state as follows:

NO PROTECTION STATUS BASED ON HOMOSEXUAL, LESBIAN, OR BISEXUAL ORIENTATION.
Neither the State of Colorado, through any of its branches or departments, nor
any of its agencies, political subdivisions, municipalities or school
districts, shall enact, adopt or enforce any statute, regulation, ordinance or
policy whereby homosexual, lesbian or bisexual orientation, conduct, practices
or relationships shall constitute or otherwise be the basis of, or entitle any
person or class of persons to have or claim any minority status, quota
preferences, protected status or claim of discrimination.  This Section of the
Constitution shall be in all respects self-executing.
From: bills@sequent.com (Bill Sears)
Newsgroups: misc.invest
Subject: Re: Offset 401(k) Rollover Withholding
Date: 11 Nov 92 21:40:23 GMT
Article-I.D.: sequent.1992Nov11.214023.3200
Distribution: usa
Organization: Sequent Computer Systems Inc.

In article <1992Nov11.183402.2829@tandem.com> pearson_steven@tandem.com (Steven R. Pearson) writes:
>
>why not take advantage of the custodian-to-custodian transfer?  I have done
>this with IRAs in the past, and it's really no big deal.  I believe the new law
>says your employer must cooperate and provide this as an option.

I posted before I found out about this provision of the new law.  The way
it used to be was that the employer could force you to take a lump sum
distribution and roll it over into a new account on your own.  If there
is a provision in the new law (which has also been stated by others in
this forum) requiring custodian-to-custodian transfers be allowed, then
this is by all means the best solution for the majority of victims.

  bills
-- 
Bill Sears            Sequent Computer Systems            bills@sequent.com

Civil Rights are not Special Rights			- Anon
Newsgroups: misc.invest
From: jdart@wild_goose.Rational.COM (Jon Dart)
Subject: Re: "Coupon Rates" vs "Market Rates"
Summary: bonds income
Organization: Rational, Santa Clara, CA
Date: Tue, 10 Nov 1992 22:11:56 GMT

In article <g8n1n!_@rpi.edu> floydb@rpi.edu writes:

>New Question:
>
>Given acceptance of higher risk for higher returns, and
>Given prevailing coupon rates of 3% to 9% (low risk to high risk), and
>Given the prospect of future higher coupon rates (e.g. 5% to 11%), and
>Given the desire to invest in an "income fund" ("growth" or low decay);
>
>How might the "net asset values" of existing bond funds (junk bond
>funds in particular) be effected?

In general, long-term bonds change in price much more rapidly with
a movement in interest rates than do short- to intermediate-term
bonds.

In the case of junk bonds, factors other than prevailing interest rates
may influence the price.  In particular, the perceived risk of default by
the bond issuer is an important factor.  

You can reduce the risk of sudden severe price movements by staying
in short- to intermediate-term funds and avoiding junk bonds.  IMHO,
this is the prudent approach to bond-fund investing.

>If one is to buy and hold an investment in a bond mutual fund, is the
>NAV all that important? It would be nice to buy at a historic low NAV
>in order to increase the chance of realizing a capital gain, in addition
>to income.
>

If you hold it long enough (several years), and if you stick to
intermediate-term funds, you will probably get a positive total return,
even if interest rates go up somewhat.  (If they go through the roof,
as in '79 or thereabouts, all bets are off).  However, if rates rise,
you may get considerably less return than bondholders have been 
accustomed to in the last 2 years or so.  

In general, if you get less return than the inflation rate, you lose.
Right now bonds are attractive because the inflation rate is very low
and bonds return more than inflation.  However, in the long run, bonds
have historically not provided a large return net of inflation. 

To get a higher return, you might consider either:

1. An "income" fund such as Vanguard Wellesley or USAA Mutual Income,
which holds high-yielding stocks as well as bonds. 

or 

2. An "equity-income" fund, which holds mostly high-yielding stocks
or preferred stock, and possibly some bonds.

These come with higher short-term risk than a straight bond fund, but
you have a better chance over the long run of doing better than the
inflation rate  (IMO - I can't guarantee that).

-- Jon



--
Jon Dart  | 3320 Scott Blvd.,          | jdart@rational.com|
Rational  | Santa Clara, CA 95054-3197 | jdart@igor.uu.net |
          | 408-496-3656               |                   |
From: bakken@cs.arizona.edu (Dave Bakken)
Newsgroups: misc.invest
Subject: Re: The death of the Video Store?
Date: 10 Nov 92 16:01:19 GMT
Organization: U of Arizona CS Dept, Tucson

In article <1992Nov10.145626.10202@porthos.cc.bellcore.com> smm1@troy.uucp (22142-michelson) writes:
>In article <1992Nov4.234828.7595@venice.sedd.trw.com> tjio@venice.sedd.trw.com (Lee Tjio) writes:
>>
>>The initial investment of running fiber optic cables, providing fiber
>>optics transceivers to the homes, and replacing the existing twisted
>>pair/coaxial and other associated communication equipment is tremendous.
>>I personally don't expect to see this happening this decade.  When or
>>if they finally provide this service, can they compete with video rental
>>stores, i.e. $0.99-$3.99 per movie?  We will have to wait and see ...
>>
>>Lee 
>
>Technology has been developed (by my company, but not by me :-( ) that
>allows a video channel to be delivered to a home via the copper wiring
>that is already there. They don't have to have fiber optics all the way
>to the home.

Yes, I've read this in the last week, and it is fascinating.  But
I've also read that live events like sports won't be able to be
offered in real time, because of the heavy compression that the
pictures need to undergo.  (I suppose that we may have fast enough
computers soon, but when they will be fast enough and cheap enough
for anything but the largest sporting events---which would be
covered by sattelite broadcasts anyway---remains to be seen.)

It is also not clear how much, if any, this development will help
speed up telecommuting bandwidth to the home, like fiber optics
greatly would.  In fact, if it slows down fiber installation, then
this new copper-wire video service will probably hurt the pace of 
telecommuting.
--
Dave Bakken                               Internet: bakken@cs.arizona.edu
Dept. of Computer Science; U of Arizona   Voice:    +1 602 621 4098      
Tucson, AZ 85721; USA                     FAX:      +1 602 621 4246
The fact that you're paranoid doesn't prove they're *not* out to get you.
From: songshi@prism.CS.ORST.EDU (Songshi Peng)
Newsgroups: misc.invest
Subject: Re: Where to invest a downpayment for a home..
Date: 5 Nov 92 17:29:25 GMT
Article-I.D.: flop.1dblllINNg4p
Distribution: usa
Organization: Oregon State University, Computer Science Dept.
NNTP-Posting-Host: prism.cs.orst.edu

In article <Bwy19L.H26@news.cso.uiuc.edu> acheng@ncsa.uiuc.edu (Albert Cheng) writes:
>
>U.S. Saving bonds give at least 6% if you hold it for at least 6 months.
>I think you can buy/sell them at your local banks.

I think you must have misunderstood the situation. You can only cash in 
after holding it at least 6 months, but it will NOT garantee a 6% return 
unless you hold it for at least 5 years.

Steven Peng --
Newsgroups: misc.invest
From: watanabe@cs.uiuc.edu (Larry Watanabe)
Subject: Re: Stocks vs. Bonds
Organization: University of Illinois, Dept. of Comp. Sci., Urbana, IL
Date: Fri, 13 Nov 1992 20:09:03 GMT

McAldon International Inc. <mcaldon@igc.apc.org> writes:


>|Which ever asset allocation mix you choose, make sure you stick to it.
>|On a regular basis -say every 6 months- compute the value of all your
>|investments, then reshuffle them so that the percentage mix of
>|stocks, bonds and cash is still the same (in your example, 75% stocks and
>[...] 

>This means, of course, that you will always be favoring the parts of
>your portfolio performing worst.  The trend is your friend?  DMcKenzie

>|    mcaldon@igc.org     | Opinions dispensed herein not guaranteed |
>||||||||||||||||||||||||||||||||||||||||||||||||||||||||

This is similar to idea of dollar cost averaging: you are 
buying the most shares of your mutual fund when it is
performing the worst.

If bonds are performing badly, that means that they have
become cheaper relative to stocks. Similarly if stocks
are performing poorly relative to money, they have become
cheaper and that is the time to buy more of them.

You want to buy at the bottom, and sell at the top.
That would mean that you want to buy stocks just when
they are performing the most badly, and to sell them
just when they are performing the best. So, the
trend may not always be your friend.

-Larry Watanabe
From: james@engrs.unl.edu (James Nau)
Newsgroups: misc.invest
Subject: Re: Financial markets quoting services?
Date: 7 Nov 92 21:10:43 GMT
Organization: College of Engineering & Technology, University of Nebraska-Lincoln
NNTP-Posting-Host: engrss2.unl.edu

In article <1992Nov6.110412.9686@uklirb.informatik.uni-kl.de> lott@bogner.informatik.uni-kl.de (Christopher Lott AGSE) writes:
>
>    Copyright violation is the fundamental problem with creating a
>    public database of stock information.

Would this fall under the same category as the phone-book case?
I thought two years or so ago that the courts said the information
in a phone book couldn't be copyrighted.  But, I don't recall much
more of the case.  I'd think that stock info would fall under the
same category.  (But, of course, don't mistake me for a lawyer...)

james
----
 These are my opinions.  Any similarity to other opinions,
 living or deceased, is purely coincidental.
Newsgroups: misc.invest
From: murphy@rock.enet.dec.com ()
Subject: Re: Janus Group
Reply-To: murphy@rock.enet.dec.com ()
Organization: Digital Equipment Corporation
Date: Tue, 10 Nov 1992 22:30:05 GMT


In article <9395@blue.cis.pitt.edu.UUCP>, gunner1+@pitt.edu (Jayant Rajgopal) writes:
|> Path: ryn.mro4.dec.com!nntpd.lkg.dec.com!nntpd2.cxo.dec.com!pa.dec.com!decwrl!ames!elroy.jpl.nasa.gov!swrinde!gatech!pitt.edu!gunner1
|> From: gunner1+@pitt.edu (Jayant Rajgopal)
|> Newsgroups: misc.invest
|> Subject: Janus Group
|> Message-ID: <9395@blue.cis.pitt.edu.UUCP>
|> Date: 10 Nov 92 15:45:26 GMT
|> Sender: news+@pitt.edu
|> Organization: University of Pittsburgh
|> Lines: 22
|> Originator: gunner1@unixd1.cis.pitt.edu
|> 
|> I just got some stuff from Janus saying that they're introducing three
|> new funds - a growth fund (investing primarily in medium sized companies),
|> a growth and income fund, and a bond fund of some sort.  I'm wondering if
|> this is good news or bad news.  I've got money in several of the existing
|> Janus funds, and I've found their service as well as their record very good
|> (now if they'd only move out of Colorado, things would be perfect :-)).
|> However, my concern is that with the rapid growth in the number of funds
|> in the family they may not be able to provide the kind of performance that
|> they have in the past.  I tend to think that families with relatively fewer
|> funds perform better overall because the fund management can spend more
|> time on investment.  For example Vanguard and Dreyfus with their large array
|> of funds  have some star performers but lots of dogs which drag down the  
|> overall record, but smaller groups like Janus and 20 Century seem to have
|> a better overall performance record.  Maybe I'm wrong...

My perspective seems to be that as much as you follow the fund, you follow
the fund manager.  Fidelity has several funds, but the reason Magellan was
Magellan when it was Magellan was not because it was from Fidelity or because
Fidelity is large or small, but because Peter Lynch was the fund manager.
Vanguard is huge.  The best managers run the best funds. The expansion could
mean one of two things.  The good manager is stretched, plus he must make more
picks for his overall effort, or they hired new managers whose background might
be researched. I am thinking of calling Janus and finding out who is 
running the funds.  If Thomas Marsico is running the Enterprise (mid-cap) fund
I might think if getting in.  The 20 and Growth and Income fund he runs are
doing great.  I have been following the Enterprise fund and it has been doing
good.  just my view.

Murph


|> Then again, I guess more funds in a group implies more options in the
|> kinds of investments you want, and more flexibility in moving stuff around
|> (if you're the kind who takes the trouble to do that frequently).  
|> 
|> Comments ??
|> 
|> --jr--
|>
From: jm0i@ns1.cc.lehigh.edu (JOSEPH ALOYSIUS MCVEIGH)
Newsgroups: misc.invest
Subject: Re: Banks trouble?!!
Date: 6 Nov 92 18:51:49 GMT
Organization: Lehigh University



In response to my comment:
>>Of course, I may be wrong, but I think the 1980-81 rate rise debacle that
>>crippled the thrifts sitting on long maturity gaps taught the world the
>>CYA principle as applied to fixed-income assets.

as@sgi.com (Ashmeet Sidana) writes:
>What is the CYA principle?

"Cover Your Ass," which as applied to this case, hedge.
-- 
-------------------------------------------------------------------------------
Joseph Aloysius McVeigh | "We don't want to overreact - as the federal
   jm0i@.Lehigh.edu     |  regulators have, in my judgement."
      "N.I.N.A."        |  - Bill Clinton [On banking regulation and control]
-------------------------------------------------------------------------------
From: sh@kopasker.is (Sigurjon Haraldsson)
Newsgroups: misc.invest
Subject: F Prime Financial Institution?
Date: 5 Nov 92 10:57:01 GMT
Reply-To: sh@kopasker.is (Sigurjon Haraldsson)
Organization: Kopasker Primary, Iceland



Could anyone tell me what Prime Financial Institution is? And what they
do exactly?


With thanks.

S. Haraldsson

Email: sh@kopasker.is
From: jih@crane.aa.ox.com (John I. Hritz)
Newsgroups: misc.invest
Subject: Compuserve Quick Quote Alternatives?
Date: 6 Nov 92 20:28:19 GMT
Organization: OTA Limited Partnership -- Ann Arbor, MI
Distribution: usa
NNTP-Posting-Host: crane.aa.ox.com

	One of the admins in our office is constantly dialing into
CI$ to check on the prices on her investment clubs portfolio.  They
(compuserve) charge connect time and 1.5 cents a quote.  I flippantly
mentioned that there has to be a cheaper and easier way to get quotes.
Any ideas?
-- 
John Hritz, jih@ox.com                     Photons have mass!!??
O.T.A. Limited Partnership                    I didn't even know
101 N. Main, Suite 410                            they were Catholic...
Ann Arbor, MI 48104 (313) 930-1888
Newsgroups: misc.invest