HDTenEightyP/NetNews huggingface dataset:
From: steve@cucbs.chem.columbia.edu (Steve Stuart)
Subject: Re: Company (IBM) earnings announcement -- when?
Organization: Center for Biomolecular Simulation, Department of Chemistry,
	Columbia University
	<1993Jan21.010022.15264@gumby.dsd.trw.com>
Date: Thu, 21 Jan 1993 19:21:55 GMT

In article <1993Jan21.010022.15264@gumby.dsd.trw.com> suhre@meltami.dsd.trw.com (Maurice E. Suhre) writes:

   In article <1993Jan19.192933.19843@cs.cornell.edu> jrr@cs.cornell.edu (Jim Russell) writes:
>>What are the dates on which a company announces its earnings and 
>>financial results for the quarter/year?  How can I find these out in advance? 
>The estimated date of the next earnings announcement is available in
>the lower RH corner of the chart in the Daily Graphs.  This is based on
>when the announcements were made in the past, but there is no guarantee.

Value Line has them too.



-- 
-Steve

echo "a'rfg cnf Crpv | har" | tr '[a-m][n-z] ' '[n-z][a-m]\012' | sort | tr "\012" " " ; echo " "
Newsgroups: misc.invest
From: eck@panix.com (Mark Eckenwiler)
Subject: Re: average basis question
Organization: Superseding Information, Inc.
Distribution: usa
Date: Wed, 27 Jan 1993 21:43:27 GMT

In <1993Jan27.161216.15759@athena.mit.edu>, rlcarr@athena.mit.edu sez:
>Ok...now for an example illustrating my question...
>   bought 100 shares at $10
>   bought 100 shares at $1
>total adj basis = 100*$10 + 100*$1 = $1100
>total shares = 200
>avg basis = $5.50
>
>I now sell 100 shares.  Using FIFO, I have a 100($10-$5.50)= $450
>loss.
>
>Now the tricky part...what is the new average basis?

First calculate your new adjusted basis by subtracting the basis
associated with the shares you sold (= 100 * 5.50 = $550) from your
starting basis: 1100 - 550 = $550.  (This is intuitively obvious with
the averaging method: if you sell half your shares, your basis is cut
in half.)

So what's your new average basis?  The same as before, of course.
It's only by *buying* shares that you alter your average basis.

-- 
        "Maybe I'm mistaken, maybe I'm not.  Frankly, I really don't
         give a damn . . . ."    - Paul Havemann (paul@hsh.com)
                                   in <1993Jan25.190648.548@hsh.com>
	   Mark Eckenwiler    eck@panix.com     ...!cmcl2!panix!eck
From: robs@informix.com (Robert Schneider)
Newsgroups: misc.invest
Subject: Re: YOUR stock picks
Date: 26 Jan 93 21:55:38 GMT
Organization: Informix Software, Inc.

In article <C1DJDp.I0B@cs.uiuc.edu> watanabe@cs.uiuc.edu (Larry Watanabe) writes:
>cfwpm@ux1.cts.eiu.edu (Bill McGown) writes:
>
>>For some excellent choices of stocks to consider look at Barron's
>>for this week, last week and next week! There were some very good
>>ideas expressed in both choice and reason for choice. Give it a
>>look.  (They must have named at least 60+ stocks that one could
>>consider.)
>
>>Bill
>
>I agree that there are some good picks there -- but
>there are a lot of mixed signals coming out.
>

This brings to mind a question that I've been pondering:
Namely, by the time you see these recommendations in Barrons, Wall
Street Week, etc, isn't it too late?  Haven't the recommended
stocks all had their upsurge (if any) by the time you can get in?
The reason that I say this is that I've read a study by Norman Fosback
regarding the performance of stocks recommended on Wall Street Week.
He showed that they performed best right *before* they were mentioned
on the show; after the show, they tended to perform very poorly.
Has anyone ever seen a similar study regarding Barrons picks?
I'd be especially curious to see short term (30 days or less)
versus longer term performance for recommended stocks.

(I also wonder what kind of vested interest the "experts" have
in touting a stock)

Rob
Newsgroups: misc.invest
From: roberts@ucunix.san.uc.edu (Michael Alan Roberts)
Subject: Elliot wave analysis
Organization: University of Cincinnati
Date: Mon, 25 Jan 1993 03:17:17 GMT

>In article <1993Jan22.200642.13745@news.columbia.edu>, Rong Shen
writes:

>>       I have a simple questions. What is the Elliott Wave analysis?
>Like so much technical analysis, it's bad science.
>> Is it related to technical or fundamental analysis?
>Technical, but don't waste your time with it.
>Chris Long, 265 Old York Rd., Bridgewater, NJ 08807-2618

A lot has been made of the Elliot wave principle and its application to
the stock market, particularly in light of the notariety of the theory's
devotees, like Robert Prechter, David Weis, and others.

I believe that a more fair assesment of the Elliot wave principle is
that it is a hypothesis that attempts to explain the behavior of the
larger forces in nature, ie. the growth pattern of biological organisms,
the behavior of celestial bodies, etc.

I think the great contribution made by Ralph Nelson Elliot (who, BTW,
was not the originator of the theory as I described it above, and, to
the best of my knowledge, did not claim credit for its discovery) was
that he identified mass human psychology and the behavior that resulted
therefrom as a force that was subject to the same hypothesis. Elliot
treated the behavior of the stock market as a reflection of this mass
psychology.

For those who do not know about the Elliot wave principle, it states
that the mood of the masses shifts from one of relative optimism to
relative pessimism, and that these swings have a regularity that makes
them predictable. When people are relatively optimistic about the
future, they do many things, among them, purchasing stock. Conversely,
when they are pessimistic, they sell.

When you look outside the stock market itself, at social history, you
find that the Elliot wave hypothesis seems to have a great deal of
validity. What is less clear is how well it functions as a short-term
predictive tool, which is where I think many people misapply the idea.

I am not affiliated with any commercial service that promotes these
ideas, but if you are interested, I encourage you to read the works
(especially the special reports) of Robert Prechter and A.J. Frost, in
addition to R.N. Elliot. Mr. Prechter has republished a collection of
Elliot's papers in a book that should be in most major libraries.

Michael Roberts
roberts@ucunix.san.uc.edu
From: dman@netcom.com (Dallman Ross)
Subject: Re: QUOTEWEEKLY-1/22/93
Organization: Netcom - Online Communication Services  (408 241-9760 guest) 
X-Newsreader: TIN [version 1.1 PL8]
Date: Sat, 23 Jan 1993 23:14:57 GMT


>  Ranbir Singh (rsingh@eos.ncsu.edu) wrote:
>  Wow!! I've never seen a post like this before on the net. Is it
>  possible for the   author to do this every day (sorry, if that's
>  asking for too much!)? This would be of immense help to everyone, I
>  think. If not, is it possible for the author to give a location/ftp
>  site from where this info could be accessed?

(Reformatted.  Please use shorter lines to post so that quoting you
is not a project.)

I found the info useful too.  But I doubt it'll happen every day --
hence the Subject line: "QUOTEWEEKLY."  Since the date given is a
Friday, i think it's safe to assume this report is created every
Friday.

--
 __D_a l_l m a_n  _ R o_s s _ |dman@netcom.com  /or/  |"You sound like a man|
 l  \\ l\\   /l  /\\  l\\   l |dross@well.sf.ca.us    |with a rubber nose." |
 l   >)l \\ /ll /  \\ l \\  l |vox/fax: 1.510.645.1883| -- One-Lung Bill    |
 l  // l  \X ll/--- \\l  \\ l |350 Perkins St., #108  |     Remmer (deceased)
_l//______________________\\l_|Oakland,_CA__94610-3422|_____________________|_
Newsgroups: misc.invest
From: pearson_steven@tandem.com (Steven R. Pearson)
Subject: Re: Recommend an index fund please?
Organization: Tandem Computers Inc.,  Cupertino, CA
Date: Sun, 24 Jan 1993 21:43:30 GMT

In article <1jnq1pINNlvl@almaak.usc.edu>, ajayshah@almaak.usc.edu (Ajay Shah) writes:
> 
> A friend of mine (abroad) has around $20k to invest.  He's looking for
> a hassle-free S&P500 index fund.  Ideally it should work as follows:
> 
> a) on day 1, he turns the money into fund paper,
> b) he never ever hears from them again (i.e., no dividends, no junk mail,
>       no mail of any sort).
> c) at any point in time, it's easy for him to turn the mutual fund
>       paper back into money.
> 
> Steps #a and #c would be done from abroad, so the company should be
> conveniently setup to do such interactions.  He plans to hold this for
> a period of several years, so the company selling the paper should not
> be about to go bankrupt.

I can't speak to the ability to do #a or #c from overseas.  Even in the US,
you can expect to experience some delay caused by whatever means you use
to send and receive the money.  For example, even if you have the proceeds
of a redemption wired to your bank account, that can take at least a day after
they receive your request.

I am pretty sure that #b would be quite tricky to achieve.  I should
imagine that brokers and funds have legal requirements to make occasional
reports regarding the status of ones account.  If your friend had a *lot* more
money, he might be able to snag some big money manager that would be
willing to handle everything and not bother him.  Why is any kind of mail
a problem?

So, I can't give you an option that definitely fits the description.  You might
want to explore one of the following anyway:

Vanguard, Dreyfus, and Fidelity offer S&P 500 index funds.  Others probably
do as well, but that gives you a starting point.  You can get their phone #s from
800 directory assistance, the daily listings in Investors Business Daily, a list that
occasionally is posted in misc.invest, etc.

I also read the other day that either NASDAQ or AMEX was about to offer a new
product for smaller investors that tracks the S&P 500.

Regards, -steve p.  (opinions mine, no warranty)
From: mincy@think.com (Jeffrey Mincy)
Newsgroups: misc.invest
Subject: Re: Banner Fund International
Date: 27 Jan 1993 18:24:52 GMT
Organization: Thinking Machines Corporation, Cambridge MA, USA
NNTP-Posting-Host: mjolnir.think.com

In article <1k3r0mINNhtj@hpfcbig.sde.hp.com> fritz@fc.sde.hp.com (Gary Fritz) writes:
>As an experiment I opened an account with Banner a few months ago.
>(What the hell, it's only $200, right?)  So far I'm not impressed.
>It looks like the December return was about 1.4%.  Less than 20%
>per YEAR, not per MONTH.  

I hope you aren't seriously expecting 20% return per month.   20% per
month means that your money goes up by a factor of 9 each year.
The best mutual fund returns for 92 were in the 30-50% range.  

20% per year is actually a pretty decent return.

>Not sufficient return to justify such
>a risky venture, in my opinion.

If you aren't being rewarded for assuming extra risk then you probably
shouldn't be assuming the risk.  Of course it helps if you have a 
reasonable concept of reward.

>If it turns out that December was a bad month, and the return is
>actually much better than that, I'll let you now.

I usually define a bad month as a month where goes down in value,
or at least underperforms some other reasonable metric.

>Gary
-- 

-- jeff
mincy@think.com
From: frisk@complex.is (Fridrik Skulason)
Newsgroups: misc.invest
Subject: Re: Drug Stocks
Date: 28 Jan 93 09:45:48 GMT
Organization: Frisk Software International, Iceland

tan@aries.scs.uiuc.edu (Lian Tan) writes:

>Does anybody know what's happening to the drug companies? Both Merck and
>Lilly (which I've followed very closely) have gone down fairly significantly
>lately. What gives??

Senator's David Pryor's prescription-drug cost-containment bill ?
 
Some important patents about to expire ?

-frisk

-- 
--
Fridrik Skulason      Frisk Software International     phone: +354-1-694749
Author of F-PROT      E-mail: frisk@complex.is         fax:   +354-1-28801
From: waveland@carson.u.washington.edu (Eric Holeman)
Newsgroups: misc.invest
Subject: Re: Banner Fund International
Date: 23 Jan 1993 09:35:24 GMT
Organization: University of Washington, Seattle
NNTP-Posting-Host: carson.u.washington.edu


I think you'd get a comparable rate of return if you stepped into 
your bathroom and flushed two C-notes down the toilet.  Actually, 
you'd do slightly better because you'd save postage.  
Newsgroups: misc.invest.real-estate
From: whitley@mksol.dseg.ti.com (harlon whitley 952-2342)
Subject: Re: Where is the FAQ?         
Organization: Texas Instruments Inc
Date: Wed, 27 Jan 1993 20:30:55 GMT

Can someone tell me where the FAQ is,
if I can ftp it, that would be great.
If not, can someone e-mail it to me?

Thanks! 

Harlan

whitley@mksol.dseg.ti.com
Newsgroups: misc.invest.real-estate
From: schmidt@netcom.com (Margret B Schmidt)
Subject: Re: First time home buyer
Organization: Coldwell Banker Residential Real Estate Services
Date: Sun, 24 Jan 1993 20:47:22 GMT

In article <C1CI0s.JDr@world.std.com> grady@world.std.com (Dick Grady) writes:
>In article <1993Jan24.014006.20537@netcom.com> schmidt@netcom.com (Margret B Schmidt) writes:
>>In California, all real estate brokerages must decide on a company policy
>>that indicates WHO (buyer or seller or both) they represent in a transaction.
>>The most common choice (and the one Coldwell Banker has chosen) is to represent
>>the SELLER exclusively if they are taking a listing, and the BUYER exclusively
>>if they are bringing an offer to purchase,   [...]
>
>In the latter case, from whom do the "buyer's" agents get their fees?
>Are they splitting the sales commissions with the selling agents?
>If so, then their fee increases as the price increases, which is not in the
>buyer's interest.  Hence, they are NOT representing the buyers.
>
>-- 
>Dick Grady           Salem, NH,  USA            grady@world.std.com

An agent representing the Buyer would typically split the commission that the
seller has allocated to the Sellers agent.  HOWEVER, the Buyer is bringing all
of the money to the transaction, so it is easy to argue that the Buyer is 
paying both agents.

Yes, it is true that the more a buyer pays for a house, the more money I make,
but I'm not going to pressure my Buyer to spend an extra $10,000 for a house
so that I can make an extra $150!  I want a happy Buyer that will refer clients
to me.  I apt to make more money in the long run than deceiving a Buyer to pay
more now.

--Margret




-- 
Margret Buckley Schmidt  Coldwell Banker Residential  (415) 329-1100 Business
Realtor-Associate(R)     Real Estate Services         (415) 599-1882 Voice Mail
                         1295 El Camino Real          (415) 328-4956 Facsimile 
schmidt@netcom.com       Menlo Park, CA  94025-4295   PRODIGY: cvpv34b

Newsgroups: misc.invest.real-estate
From: chet@spock.retix.com (Chet Mazur)
Subject: Re: Query on Homestead filing
Organization: Retix, Santa Monica
Distribution: ca
Date: Fri, 22 Jan 1993 21:18:25 GMT

the CA there is a $7500 exemption for your primary residence for tax
purposes, so they basically, knock 7500 of the assesed value of your
house. file this w/ the county assesor's office...
--

Chet Mazur (chet-mazur@retix.com)
Lambda Consulting
-- 

Chet Mazur (chet-mazur@retix.com)
Lambda Consulting
Newsgroups: misc.invest.real-estate
From: schmidt@netcom.com (Margret B Schmidt)
Subject: Re: First time home buyer
Organization: Coldwell Banker Residential Real Estate Services
Date: Sun, 24 Jan 1993 01:40:06 GMT

In article <MACRAKIS.93Jan13182000@lakatos.osf.org> macrakis@osf.org (Stavros Macrakis) writes:
>In article <4244@ncrsoph.Sophia.NCR.COM> sstasuke@ncrsoph.Sophia.
>NCR.COM (Steve Stasukewicz) asks for advice about buying his first
>house:
>
>   1) Choosing a realtor.
>
>You are looking for efficiency, honesty, and an understanding of your
>needs.  Almost all realtors represent the seller legally, so you

In California, all real estate brokerages must decide on a company policy
that indicates WHO (buyer or seller or both) they represent in a transaction.
The most common choice (and the one Coldwell Banker has chosen) is to represent
the SELLER exclusively if they are taking a listing, and the BUYER exclusively
if they are bringing an offer to purchase, and BOTH *only* if a Coldwell Banker
agent is bring an offer in on a Coldwell Banker listing.  (In this case each
Sales Associate still owes their fiduciary duty their client only (buyer or
seller) but Coldwell Banker owes their fiduciary duty to both.

All sellers and buyers in California MUST be presented with an "Agency
Disclosure" statement (according to California Civil Code) that explains what
it means to be a buyers agent, a sellers agent, or both.  This disclosure
MUST be signed by all parties BEFORE any contract is signed (either a Listing
Agreement or a Purchase Contract).

I understand that in a lot of states buyers still do not know when *their*
agent is representing the seller exclusively.  In California, this is not a 
problem.

--Margret




-- 
Margret Buckley Schmidt  Coldwell Banker Residential  (415) 329-1100 Business
Realtor-Associate(R)     Real Estate Services         (415) 599-1882 Voice Mail
                         1295 El Camino Real          (415) 328-4956 Facsimile 
schmidt@netcom.com       Menlo Park, CA  94025-4295   PRODIGY: cvpv34b

Newsgroups: misc.invest.real-estate
From: eer@world.std.com (Eugene E Rosen)
Subject: debt/income ratio
Organization: The World Public Access UNIX, Brookline, MA
Distribution: usa
Date: Sun, 24 Jan 1993 03:25:03 GMT

Could someone tell me the formula for debt-income ratio that
banks use to decide whether an individual meets the criteria
for refinancing? Please e-mail and Iwill summarize.

thanks
gene


-- 
Eugene E. Rosen                                           GENIE: erosen
22 Riverside Road                                       COMPUSERVE:74066,3444
Sandy Hook, Ct. 06482-1213                              AOL: Gene Rosen

Newsgroups: misc.invest.real-estate
From: sandrar@garnet.berkeley.edu (Sandi Rollins)
Newsgroups: misc.invest.real-estate
Subject: Arbitration problems (Reply to Tom Crane)
Date: 27 Jan 1993 21:04:12 GMT
Organization: University of California, Berkeley
Distribution: ca
NNTP-Posting-Host: garnet.berkeley.edu

Sorry for posting, but e-mail bounced twice.  The below is based on my
own experience with a seller trying to get out of our offer, and what
our real estate lawyer told us.  Your mileage may vary; it is not
to be considered legal advice, just a personal testimonial (sufficient
disclaimer...  :^)



Tom:

In terms of the seller trying to back out of the deal:

It doesn't matter _why_ they are trying to back out, just that they
are.  Legally, if you have performed according to the contract (i.e., 
submitted your loan application in the specified time period, scheduled
inspections and released on them as specified) the sellers HAVE NO CHOICE.

They do not have clauses for contingencies; YOU do.  By signing the contract,
they have agreed to sell you the house NO MATTER WHAT as long as you do
your part.  If they renege, you can sue them for breach of contract, bad
faith, perhaps even fraud.  (If you want to play hard ball, I would mention
that you plan to record a lien against the property.  This prevents him
from ever selling the property unless you release it, i.e., until you
are legally satisfied, presumably by either being paid off or by getting 
the house).

Read your contract carefully; arbitration is not binding unless both
of you signed that clause in the contract.  If one refused, neither
is bound.  Also, I believe that although it may limit litigation rights,
you can certainly visit a real estate lawyer for advice.

Good luck!

Sandi


Newsgroups: misc.invest.real-estate
From: cthorne@magnus.acs.ohio-state.edu (Charles E Thorne)
Subject: Re: How can I find out who owns what?
Organization: The Ohio State University
Distribution: misc
Date: Thu, 21 Jan 1993 21:14:33 GMT

In article <JEFF.93Jan20163115@dsp.sps.mot.com> jeff@dsp.sps.mot.com (Jeff Enderwick) writes:

>Hi!

>	Does anyone know of an easy way to look up who owns a
>particular house, using the records down at the courthouse? I looked
>around, but all I saw were deeds and grantor/grantee lists. There
>must be some easier way!

In our county, the county Engineer keeps what are called map rooms.  There are
maps showing each individual parcel with the owners name and the parcel number
as well as the date that person acquired the property.

The tax assessor keeps records according to parcel number, which shows the
assessment at any point in time.  They also have files of the actual figures
used for appraising the property.  This comes under the auditors office.  The
auditor also keeps mailing addresses of each owner (on recently acquired property, that may be the lender who pays the taxes).
From: sandrar@garnet.berkeley.edu (Sandi Rollins)
Newsgroups: misc.invest.real-estate
Subject: Query on Homestead filing
Date: 21 Jan 1993 21:24:36 GMT
Organization: University of California, Berkeley
Distribution: ca
NNTP-Posting-Host: garnet.berkeley.edu




Quick question for the net-gurus.specialty.real.estate:

	How do you file a homestead notice on your house in California, 
	and what does it protect you from?

Thanks!

Sandi
Newsgroups: misc.invest.real-estate
From: heflin@rtsg.mot.com (Suzanne Stratton Heflin)
Subject: Sellers points deductible?
Organization: Motorola Inc., Cellular Infrastructure Group
Distribution: misc
Date: Mon, 25 Jan 1993 19:05:45 GMT

I just sold my house last year (92) on a VA loan, and paid 1 3/8 points
to do so.  Are these points deductible?  Thanks!
Newsgroups: misc.invest.real-estate
From: tom@crane.imagen.com (tom lowdermilk)
Newsgroups: misc.invest.real-estate
Subject: Arbitration
Date: 22 Jan 93 21:32:42 GMT
Organization: imagen


     Two weeks into our contract the sellers are trying to
cancel it for financial and personal reasons. Apparently
the mom is really sick and the son is going to be paying the
medical bills. 

     Anyway, we're refusing to accept our deposit back and
intend on going into arbitration. My big questions are what is
involved in doing this (time and money) and what are the chances
that we'll be able to buy the house (is it possible for 
arbitration to force a sale?). We're not vindictive, we just want
the sellers to honor the contract and sell us the house.


-tjl   tom@crane.imagen.com
Newsgroups: misc.invest.real-estate
From: grady@world.std.com (Dick Grady)
Subject: Re: Sellers points deductible?
Organization: The World Public Access UNIX, Brookline, MA
Distribution: misc
Date: Tue, 26 Jan 1993 06:19:11 GMT

In article <heflin.727988745@cherokee30> heflin@rtsg.mot.com (Suzanne Stratton Heflin) writes:
>I just sold my house last year (92) on a VA loan, and paid 1 3/8 points
>to do so.  Are these points deductible?  Thanks!

You cannot deduct them as interest.  However, they are an expense-of-sale
item, so they lower any profit you made, and any tax due.

-- 
Dick Grady           Salem, NH,  USA            grady@world.std.com
So many newsgroups, so little time!
From: malv0002@student.tc.umn.edu
Newsgroups: misc.invest.real-estate
Subject: news question
Summary: how do I get on echo?
Keywords: internet blink talk
Date: 27 Jan 93 00:57:51 GMT
Article-I.D.: student.malv0002.728096271
Organization: University of Minnesota



I have just recently started reading this group, and would like to ask a question, but before I do, I would like this answered.
When I post via the internet to the misc.handicap newsgroup, does my post automatically get put on the blink talk echo, and, if it doesn't, how do I make it so that it does?  
Thanks for the answer in advance.

Michael
-- 
Do you, or I, or anyone know how oats, peas, beans, and Barley grow?

The above oppinnions are mine, and not those of some college somewhare.
From: doernber@hpl-opus.hpl.hp.com (Joey Doernberg)
Date: Sat, 23 Jan 1993 02:00:16 GMT
Subject: Rates drop, re-fi again
Organization: HP Labs, High Speed Electronics Dept., Palo Alto, CA