HDTenEightyP/NetNews huggingface dataset:
From: whg@INEL.GOV (William H. Gray)
Subject: Trading Hong Kong Stocks
Reply-To: whg@INEL.GOV (William H. Gray)
Organization: Idaho National Engineering Lab
Date: Sat, 29 Aug 92 00:04:41 GMT

Could a kind and knowledgeable soul provide any details on buying stock in the
following (e.g., market, ticker symbol,  brokers that handle such,  recent price, ...):

	Hong Kong and Shanghai Bank
	Hutchison Whampoa
	Jardine Matheson
	Swire Pacific
	Coca-Cola Amital (Australia,  maybe)

Given sufficient interest,  I'll summarize back to the net.

========== long legal disclaimer follows, press n to skip ===========

Neither the United States Government or the Idaho National Engineering
Laboratory or any of their employees, makes any warranty, whatsoever,
implied, or assumes any legal liability or responsibility regarding any
information, disclosed, or represents that its use would not infringe
privately owned rights.  No specific reference constitutes or implies
endorsement, recommendation, or favoring by the United States
Government or the Idaho National Engineering Laboratory.  The views and
opinions expressed herein do not necessarily reflect those of the
United States Government or the Idaho National Engineering Laboratory,
and shall not be used for advertising or product endorsement purposes.
From: ses@hpfcso.FC.HP.COM (Steve Speer)
Date: Tue, 25 Aug 1992 18:07:51 GMT
Subject: Re: Tax-Free Mutual Funds?
Organization: Hewlett-Packard, Fort Collins, CO, USA
Newsgroups: misc.invest

In misc.invest, sdl@linus.mitre.org (Steven D. Litvintchouk) writes:

> The average maturity of tax-exempt bond portfolios is typically rather
> long.  Thus they will experience a capital loss if interest rates
> rise.  This is likely, since interest rates have probably fallen about
> as far as they are going to.  In a rising interest rate environment,
> tax-exempt money market funds make better sense.
> 
If this is true, and I believe it is, what would be the equivalent play
to "selling bond funds short".  That is, I think that rates will rise over
the long term, causing capital losses in long term funds.  How can I play
this other than to get out of any long term bond funds I'm currently in?

Thanks,

	-Steve
From: henrik@stat.tamu.edu (Henrik Schmiediche)
Newsgroups: misc.invest
Subject: The US dollar and the Maastrich (sp?) treaty
Date: 3 Sep 92 21:30:20 GMT
Organization: Department of Statistics, TAMU


    Hi,
Sometime during this month (Sep 20?) the French voters will vote on
supporting or rejecting the Maastrich (sp?) treaty. I was wondering if
anyone knows if and how the strength of the dollar relative to other
European currencies will be affected should the treaty pass (or fail)?

--
Henrik Schmiediche, Dept. of Statistics, Texas A&M, College Station, TX 77843
E-mail: henrik@stat.tamu.edu  |  Tel: (409) 845-8886/9447 Fax: (409) 845-3144
From: timlee@public.btr.com
Newsgroups: misc.invest
Subject: Re: china funds
Date: 29 Aug 92 07:30:40 GMT
Reply-To: timlee@btr.com (Timothy J. Lee)
Followup-To: misc.invest

barrada@infonode.ingr.com (Ahmed Barrada) writes:
|Any one found any info on the 3 china closed-end funds, besides the fact that
| there is only 8 stocks in the market!
|
|Which has the  lowest / highest ratio to NAV?

The trading price vs. net asset value of most closed end funds can be
found in any Barron's.

--------------------------------------------------------------------
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: lung@venice.sedd.trw.com (Diane Lung)
Subject: Re: AMD stock
Organization: TRW Systems Engineering & Development Division, Carson, CA
Date: Fri, 4 Sep 1992 16:18:48 GMT

In article <1992Sep2.170346.5696@TorreyPinesCA.ncr.com> cs6@TorreyPinesCA.ncr.com (Eric Sit 3611) writes:
>
>Since the dollar's plunge, AMD has gone from 8 1/2 to 11, a whooping
>25% increase in just a few days.  The volume has been in excess of 
>one million shares a day.  I understand that Wall Street is bullish
>on semiconductor companies because weak dollar would boost their
>revenue in Europe.  Is there any other positive news about AMD
>in particular?
>
>Eric

Earlier this week on Dow Jones it was reported that Compaq announced two
laser printers which are using the AMD Am29000 RISC chips.


**********************************************************
Internet:    howie%ranger@venice.sedd.trw.com
Prodigy :    DBKX34A

All opinions are my own and not my employer's.
**********************************************************
-- 
lung@venice.SEDD.TRW.COM
Newsgroups: misc.invest
From: Xiaodong Shao <shao@umdnj.edu>
Subject: German Fund
Mailer: Elm [revision: 66.36.1.1]
Organization: Indiana University
Date: Fri, 28 Aug 1992 19:29:41 GMT

I wondered if anybody know some mutual funds which invested
exclusively or largely in German stocks.

Is it a good time to invest in German market? Since their interest
rate is as high as 10%, any interest rate cut could boost the stock
market. Do you think the present German stock is a kind of similer
to Wall street in 1980, where the interest rate was high and Dow
stayed around 700? 

Any advice would be appreciated.
Newsgroups: misc.invest
From: acheng@ncsa.uiuc.edu (Albert Cheng)
Subject: Re: Financial Planning
Originator: acheng@shalom.ncsa.uiuc.edu
Organization: Nat'l Ctr for Supercomp App (NCSA) @ University of Illinois
Date: Sat, 29 Aug 1992 14:47:35 GMT


>I am a representative for Primerica Financial Services. We offer
>advice and information on insurance, investing, and equity lines
>of credit.  The information is free - free consultation etc - the
>only money we make is the commissions off of the products you end 
>up utilizing.  ...
>
>Don't know of any no-load funds that are REALLY great.  They are all
>a bit of a gamble, and as such, our company tends to shun them.  You see,
>the load of the fund not only pays a portion as commission to the 
>advisor, but also to the management of the fund.  If you'd like an
>explanation of how loads work, etc., let me know.

Could you please define what is "great"?  Do you know that a typical
no-load fund (like Vanguard index) perform better than many, many
loaded funds?  The performance is measured by 1, 5, or 10 years return
rates.  If you don't know about Vanguard funds, I really doubt your
knowledge as a financial advisor.  If you are aware of them but making
the above statement, care to explain?
Newsgroups: misc.invest
From: eric@desktalk.com (Eric Lieber)
Subject: Wall Street Week -with Gabelli
Reply-To: eric@desktalk.com
Organization: Desktalk Systems Inc.
Date: Mon, 31 Aug 1992 22:58:40 GMT


Can some please sum up what was said on Wall Street Week last friday,
aug 28/92.

Mario Gabelli is usually very intersting.

Thanx

eric lieber
eric@desktalk.com
DeskTalk systems
torrance ca


Newsgroups: misc.invest
From: dan@writer.yorku.ca (Dan O'Connell)
Subject: Russia vouchers
Originator: dan@grant
Organization: Computer Assisted Writing Centre, York University, Toronto, Canada
Date: Tue, 1 Sep 1992 23:29:58 GMT

This may go down as one of my wildest ideas, but... 
Recently Russia has announced that they were
going to go private. All of Russian citizens
 would get some form of vouchers. These
vouchers would have a face value of 10,000 rubles.
Since this is only about $60.00 at the current
rate of exchange, should you buy up a bunch of 
these things at a discount, hold on for a while,
and see what happens?
So far I know only this much.
- Foreigners are not supposed to own these things
  but they will be in "street name" (not registered
  to an individual.) so this shouldn't be a problem.
- They are supposed to be converted into something
  in the future (I suppose ownership in a steel
  mill or something) but I don't know when or how 
  this will be done.
- It has occured to me that these vouchers might 
  simply be a currency substitute. This way, they 
  pour tons more currency into the system without
  inflating the ruble.
I would appreciate hearing from anyone with ideas
or information about this.

Dan O'Connell

PS: Perhaps I should add that I am familiar with
    the concept of *risk* so the advice *Go to bed
    until the feeling passes* doesn't hold.

A gold mine is a hole in the ground with a liar at
the entrance.
From: lcpg8275@uxa.cso.uiuc.edu (Sunshine )
Newsgroups: misc.invest
Subject: Discount Brokers - Where/How to get archives ???
Date: 3 Sep 92 18:46:15 GMT
Organization: University of Illinois at Urbana

A little while ago, there were some postings on various discount
brokerage houses on misc.invest.  Could someone please advise
where and how I can get to the archives of these articles.

MM Thanks!

L.Phoon     (Internet:  L-PHOON@uiuc.edu)
From: timlee@public.btr.com
Newsgroups: misc.invest
Subject: Re: Star/Cirrus network access fee
Date: 3 Sep 92 05:40:56 GMT
Reply-To: timlee@btr.com (Timothy J. Lee)
Followup-To: misc.invest
Distribution: usa

josh@tara.SanDiego.NCR.COM (Josh Mereminsky) writes:
|
|Does anyone else out there have accounts which waive the network access fee?
|
|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?

Fees and policies on using other banks' ATMs vary by institution.
Free is rare.

--------------------------------------------------------------------
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.
From: goykhman_a@apollo.hp.com (Alex Goykhman)
Newsgroups: misc.invest
Subject: Re: Printing money
Date: 3 Sep 92 18:16:38 GMT
Article-I.D.: apollo.Bu0LFq.ALH
Organization: Hewlett-Packard Company, Chelmsford, MA

In article <1992Sep3.114424.4888@clpd.kodak.com> fischer@li.serum.kodak.com (Chris Fischer (x39613)) writes:
>In article <Btyv2r.Hs9@apollo.hp.com> goykhman_a@apollo.hp.com (Alex Goykhman) writes:
>
>>    The Fed does not buy goverment debt BACK, it buys and sells
>
>This is wrong.  The Fed "monetizes" the debt by buying govt. securities
>and giving freshly printed dollar in exchange.

    No, the Fed sells as much of gov. securities as it buys, in both cases
    to influence the money supply.  There are several books describing the 
    inner workings of the Fed, I'd recommend "The Secret of the Temple".

-- 
-----------------------------------------------------------------------------------
Disclaimer: all opinions are mine.
-----------------------------------------------------------------------------------
Newsgroups: misc.invest
From: jhc@m2lll.uucp (James H. Coombs)
Subject: Re: Closed End Funds
Reply-To: jhc@iris.brown.edu.UUCP (James H. Coombs)
Organization: IRIS - Brown University
Date: Sat, 29 Aug 1992 07:02:02 GMT

In article <1992Aug28.222634.12258@csc.ti.com> choong@csc.ti.com (Yong Choong) writes:
>In article <5519@ssc-bee.ssc-vax.boeing.com>, mattb@ssc-vax (Matt Baney)
>writes:
>|> In article <1992Aug25.145153.5453@cbfsb.cb.att.com> klur@cbnewsb.cb.att.com
>|> (david.s.klur) writes:

>|> >I'm thinking about purchasing some closed end mutual funds (equity)

>|> Me too!!  Please post this stuff to the net??  Also the names of

>How can one get the names of the fund management and/or prospectus?
>I'm particularly interested in Thai Capital Fund, New Germany Fund and German

Get the numbers from something like BusinessWeek's Annual Guide to
Mutual Funds, August Money's review of funds.  Or call your broker.

Prospectus is not necessarily available for closed-end funds.
Annual/quarterly reports are.

--Jim
Newsgroups: misc.invest
From: szhu@rodan.acs.syr.edu (Shane Zhu)
Subject: TSENG Labs info needed
Organization: Syracuse University, Syracuse, NY
Distribution: usa
Date: Tue, 1 Sep 92 14:38:38 EDT

A while ago I saw someone has posted a request of information and comments
about Tseng's recent stock price decline. But haven't seen any comments and
follow-ups on the net yet. Am I missed the hit or something?

Seems to me Tseng is one of a few companies in the field that has great 
potentials. So why it is taking the beat? 

Anyone care to elaborate?
Newsgroups: misc.invest
From: rgsavoo@srv.PacBell.COM (Raj Savoor)
Subject: Re: AMD stock
Organization: Pacific * Bell
Date: Fri, 4 Sep 1992 19:56:06 GMT

In article <1992Sep4.161848.7470@venice.sedd.trw.com> lung@venice.sedd.trw.com (Diane Lung) writes:
>Earlier this week on Dow Jones it was reported that Compaq announced two
>laser printers which are using the AMD Am29000 RISC chips.
>
>

Also, DEC announced that it will be using the AM386 chips for its line of 
low-priced PCs.

-Raj Savoor
rgsavoo@PacBell.com
Xref: sparky misc.invest:10950 rec.autos:20685
From: dpl@cbnewsl.cb.att.com (douglas.p.linden)
Newsgroups: misc.invest,rec.autos
Subject: Re: sales tax rebate?
Date: 25 Aug 92 18:19:15 GMT
Followup-To: rec.autos
Organization: AT&T Bell Laboratories

In article <1992Aug24.201750.22541@fid.morgan.com>, joec@fid.morgan.com (Joe Collins) writes:
> Some years back, I purchased a new car for $17000 and paid some $1020 in sales
> tax. I just sold this same car for $6600. Since this reduces my net cost,
> should I not get a rebate on the overpayment of sales tax?:
> 
> 17,000 x 6% sales tax = $1,020 in tax
> 
> 17000-6600 = 10,400, the effective cost of the car, i.e.
>                      I paid 17000 and later received 6600
> 
> 6% on 10,400 = $624 in sales tax
> 
> 1020 paid
> -624 should have paid
> ---- 
>  396 net overpayment to the state.
> 
> In effect, I think the government owes me .06+6600 or $396 in sale tax 
> overpayment. 
> 
> The above makes sense (to me) but since politics doesn't, I probably will not
> be able to get the $396 back.
> 
> Any thoughts?
> 
> Joe
> joec@morgan.com
> 

Here in MA at least, we do get some benefit of your proposal in as much
as we are able to offset the tax of the selling price of the new vehicle 
by the value of the car used as a trade in.

Private, used car sales here is another story.  Although the tax law
specifically states the tax is to be based on the "selling price" the
tax department now will compare the "selling price" of the car to the
"blue book" and tax you on the higher amount.  THAT SEEMS FAIR - NOT!
From: stephen@lsil.com (Stephen Lee 8941)
Newsgroups: misc.invest
Subject: Re: Closed End Funds
Date: 26 Aug 92 22:06:38 GMT
Reply-To: stephen@lsil.com
Organization: LSI Logic Microprocessor Group

The Institute for Econometric Research (publisher of
Mutual Fund Forcaster) has recently published a special report
(Aug. 20 report, report# 9208) on Close End funds. $5 for non-subscribers,
free for those who subscribe MMF. Phone# 800-442-9000. The annoying
salepeople will try to convince you to subscribe MMF or other
publications, just ignore them and ask for the damn report.

The report explains what a c-e fund is, and 
has current buy/sell recommendations for 30+ c-e funds. 
They have some analysis on the short-term (6 months to 1 year) performances 
of c-e funds selling at a discount/premium. Also they discussed how
new c-e fund issues perform in the first few months based on historial data.
I guess this report may not be valuable to long-term c-e fund investors.

They also have some older reports on c-e funds:
#9108 How to make money with Closed-End Funds 8/91, $5
#ISB4 Closed-End Fund Offerings: Surest Way to Lose Money 8/89, $5

Disclaimer: I don't work for IER, just a happy subscriber.

---
---- Stephen Lee	Tel (408) 433-8941	Email:stephen@lsil.com
---- Cubicle 18, 2nd floor, Bld. 1525
Newsgroups: misc.invest
From: xiaoqing@convex.csd.uwm.edu 
Subject: China stock market
Originator: xiaoqing@convex.csd.uwm.edu
Organization: Computing Services Division, University of Wisconsin - Milwaukee
Distribution: usa
Date: Tue, 1 Sep 1992 19:36:38 GMT

Dose anyone know if there are any mutual funds in U.S. based on the
stock market in China. If you know the company's names and phone numbers, 
please post.

China stock market has just been established recently and there are only
a few companies trading stocks so far. Stocks are now the hottest items in 
China and are hard to get (there even was riot in Shengzhen). Many poeple think they will get rich real soon
by buying stocks. However, China stock market probably is the most uncertain
in the world and the political environment and goverment's economic 
policy will have dominating effect on the market. But right now it seems
that China stock market is the most promising and if you can take the risk,
you might make a much bigger profit than you can expect.
Newsgroups: misc.invest
From: ST32373@VM.CC.LATECH.EDU
Subject: Re: Yeah, I know...)
Organization: LOUISIANA TECH UNIVERSITY
Date: Mon, 31 Aug 92 17:27:48 CST

You're right, I did not post my phone number, but the people who have written m
e e-mail have it, or will have it (Fred Yang, lost you e-mail but your info is
already mailed). Anyway, here it is: (318)254-1474. Also: yes, there is probabl
y a group in any person's area that will explain it. After a person recieves th
eir initial info, I put them in touch with someone in their area if they are in
terested. This is another good aspect of networking. The info they would get fr
om me is the same info that is put out to MY GROUP. Not all Amway groups are
created equal. Not to knock someone else upline, but ours is one of the fastest
 growing diamond groups (Billy Florence) and I have faith in those that are in
this group. I cannot recommend any other group, because I do not know how the
other groups work. Besides, it does me no good to contact someone, spend money
on them, and then put them into someone elses network. Also, as for product pri
ces: I wonder if you were a distributor? Our prices are of course cheaper than
non-distributors, plus, a dept. store will not pay you to shop there, and will
not help you to earn financial freedom. In addition, you cannot beat our 100% m
oney back/shipping paid guarantee if you are ever unhappy/have a problem with o
ur merchandise.
                     Robert C. Bullock, Ruston La. Ph-(318)254-1474.
From: txl@teradata.com (Tuan Le)
Newsgroups: misc.invest
Subject: Re: Printing money
Date: 2 Sep 92 15:43:53 GMT
Reply-To: txl@tdat.teradata.com (Tuan Le)
Organization: Teradata Corp., El Segundo, CA

In article <1992Sep2.112523.8159@clpd.kodak.com> fischer@li.serum.kodak.com (Chris Fischer (x39613)) writes:
>In article <1992Sep1.232142.12511@gumby.dsd.trw.com> suhre@meltami.dsd.trw.com (Maurice E. Suhre) writes:
>>In article <1992Sep1.123344.25998@magnus.acs.ohio-state.edu> cthorne@magnus.acs.ohio-state.edu (Charles E Thorne) writes:
>>>The Federal Reserve buys back government debt (notes, bills, etc.).  
>>
>>This is a good chance to ask something I've wondered about.  Where does
>>the Fed get its money from?  Does it have an unlimited amount?
>>-- 
>>Maurice Suhre
>>suhre@trwrb.dsd.trw.com
>
>Yes.  It is called the Dept. of the Treasury.
Yes, but the FED got it out of thin air because THE FED is THE source.
-Tuan
From: rrw@elden.cse.nau.edu (Bob Wier)
Newsgroups: misc.invest
Subject: CMI's OEX newsletter?
Date: 29 Aug 92 06:53:39 GMT
Distribution: usa
Organization: Northern Arizona University, Flagstaff AZ
Originator: rrw@elden.cse.nau.edu

Again, here is a request to contact anyone who might be familiar
with CMI's newsletter on Stock and Index options.  They particularly
track OEX options (risky). On the other hand they have a list of EVERY
trade, good and bad, that they have recommended since about 1989 and
they don't flinch from listing those with 100% losses. However, their
gains seem to outnumber thier losses substantially.

I'd be interested to know if there are any "gotcha's" that would keep
you from following their suggestions and making money. For example, 
would the speed of execution be so slow in buying/selling that you 
couldn't really follow their suggestions (they have a telephone 
"hot line").  Or would the broker's commission be so great that you'd
have to consistantly make enormous profits to stay even (a quick analysis
shows that you'd have to profit about a minimum of 4% each trade to 
break even - if I looked at it right).

THANKS!



 - Bob Wier

  ---------- insert favorite standard disclaimers here ----------
                   College of Engineering
      Northern Arizona University, Flagstaff Arizona
  Internet: rrw@naucse.cse.nau.edu | BITNET: WIER@NAUVAX | WB5KXH
Newsgroups: misc.invest
From: cs6@TorreyPinesCA.ncr.com (Eric Sit 3611)
Subject: Re: German Fund
Organization: NCR (Torrey Pines Development Center)
Disclaimer: This posting does not neccessarily reflect the opinions of NCR.
Date: Wed, 2 Sep 92 17:27:00 GMT

In article <17tepgINNff1@early-bird.think.com> mincy@think.com (Jeffrey Mincy) writes:
>In article <BtpL20.B7A@usenet.ucs.indiana.edu> Xiaodong Shao <shao@umdnj.edu> writes:
>>I wondered if anybody know some mutual funds which invested
>>exclusively or largely in German stocks.
>
>There are four closed end mutual funds that are buy german stocks:
>Future Germany Fund, Germany Fund, New Germany Fund, and Emerging 
>Germany Fund.  These may be bought at various discounts to NAV (1%
>for germany fund ~15% for the others).
>

Germany Fund invests only in Germany.  New Germany Fund can invest
up to 20% in other European countries.  The rest would be in Germany
stocks, of course.  Emerging Germany Fund invests in Germany companies
that may benefit from the reunification.  All three funds are managed
by Deutsche Bank group.  You can call them at 800-437-6269.

>>Is it a good time to invest in German market? Since their interest
>>rate is as high as 10%, any interest rate cut could boost the stock
>>market. Do you think the present German stock is a kind of similer
>>to Wall street in 1980, where the interest rate was high and Dow
>>stayed around 700? 
>
>I thought it was reasonable a few months ago.  According to the 
>fish or cut bait theory I should either sell or buy more.

For many months, there have been speculation that the German central bank 
may cut its interest rate.  So far, it has refused to do so.  Most economists
do not expect the German central bank to cut its interest rate until well
into next year.  However, the latest issue of Economist suggests that the 
interest rate cut may be sooner because the strong DM will help keep 
inflation low, and the Germany economy is suffering.

If you plan to capitalize on the interest rate cut, you may want to 
consider intl bond funds that invest in Germany bonds.

Eric
From: bd670@cleveland.Freenet.Edu (Russell I. Dyreng)
Newsgroups: misc.invest
Subject: Re: Discounted Mortgages
Date: 2 Sep 1992 22:21:41 GMT
Organization: Case Western Reserve University, Cleveland, Ohio (USA)
NNTP-Posting-Host: slc5.ins.cwru.edu


mvacc@ssdc.UUCP (Mike Vaccaro) writes:

>heard a lot of good things about it, and read a couple books 
>on it, but would like to speak with anyone out there who's 
>done it.    

I'm game too.  I've been down to the courthouse looking fo
second deeds of trust and found out that I didn't really know
what I was doing.  Anybody out there have any guidance?

Russ 
bd670@cleveland.freenet.edu
Newsgroups: misc.invest
From: james@brock.b17b.ingr.com (James Brock)
Subject: Fidelity Growth Co. Fund
Keywords: GET OUT???
Organization: Intergraph Corp. Huntsville, AL
Date: Fri, 21 Aug 1992 20:34:02 GMT

I've been told to get my money out of Fidelity's
Growth Co. Fund for at least the next year (something
about overvalued stock holdings).

Any comments?