HDTenEightyP/NetNews huggingface dataset:
From: cep@taligent.com (Christophe Pettus)
Subject: Re: Cafeteria Health-Care Program: HELP?
Organization: Taligent, a little subsidiary of two really big companies.
Date: Fri, 18 Dec 1992 02:11:55 GMT

In article <1992Dec17.230042.2523@panix.com> eck@panix.com (Mark Eckenwiler) writes:
>If she agreed to have $10/week deducted for medical, and left after
>only 4 weeks of January, she would pay only $40 for having as much as
>$520 of free NON-taxable benefits; of course, she would have to incur
>the costs in that 4-week period (which isn't so hard to do).

Sorry, but that's not how it works.  The employer is risk-free.  If you
leave your job, the employer is required to charge you for the FULL
AMOUNT that you signed up for in year ($520 minus contributions to
date, in the example you show); you do not get anything for free.  If
your final check isn't enough, I don't know if the employer is required
to extract it from you in other ways, or if they just don't contribute
it to your account, but nothing goes into your account without you
paying for it.
--
-- Christophe

"I draw the line at Styrofoam packing kernels, you sick pervert."
Newsgroups: misc.invest
From: irving@Happy-Man.com (Irving_Wolfe)
Subject: Re: Free Stock Newsletter By E-mail
Reply-To: Irving_Wolfe@Happy-Man.com
Organization: Happy Man Corp., Vashon Island, WA 98070-7399
Distribution: na
Date: Sat, 12 Dec 1992 01:42:14 GMT

In <1992Dec11.175718.22849@eng.umd.edu> georgec@eng.umd.edu (George B. Clark) writes:

>The guy is offering us his advise for free. I'm willing to listen, and
>unless he says something stupid, I'll keep listening.

That's fine.  And you can read my advice free too, right here, you
just won't get the stock list.  But if you are really a beginner,
you'd better get some good advice from someone who can't possibly
be out to make a buck from you before you invest.  Go get and read
Benjamin Graham's _The Intelligent Investor._  He has no conflict
of interest, since he's dead, but he sure does have a lot of
wisdom.  He may even bring you to the position of being able to
_tell_ when someone says something stupid!
-- 
 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
Newsgroups: misc.invest
From: uhegde@walrus.encore.com (Uday Hegde)
Subject: Re: Buying New Stocks On The Day They Go Public
Organization: Encore Computer Corp., Marlboro MA
Date: Mon, 14 Dec 1992 17:12:57 GMT
Summary: New stocks info

What is the best source for determining the companies that are going
public? I dont recall seeing any ads on new issues in Boston
Globe/local newspaper's business section.

Do brokers take requests to send information on any company that is
offering fresh issues? 


Uday.


Newsgroups: misc.invest
From: blenko-tom@CS.YALE.EDU (Tom M. Blenko)
Subject: Re: Earn money trading against computer programs
Reply-To: blenko-tom@cs.yale.edu
Organization: Yale University, Department of Computer Science, New Haven, CT
Date: Thu, 17 Dec 1992 01:13:40 GMT


Bill Goffe writes
| 
| 
|                             ANNOUNCING THE OPENING OF THE
| 
|                             ARIZONA TOKEN EXCHANGE (AZTE)
| 
|                                   January 1, 1993
| 
| Earn cash profits by competing against computerized program traders

Aside from being one of the most ignorant propositions
I've seen in a long time, these guys appear to be talking
about playing with real money. And if so, it's a scam and a
fraud. Caveat emptor! 

	Tom
From: schindler@csa2.lbl.gov
Newsgroups: misc.invest
Subject: Cassie Seifert
Date: 16 Dec 1992 22:19 PST
Organization: Lawrence Berkeley Laboratory - Berkeley, CA, USA
Distribution: usa
NNTP-Posting-Host: 128.3.254.197
Keywords: NBR
News-Software: VAX/VMS VNEWS 1.41    

Trivia question:  Do you recognize the name Cassie Seifert?

Is this most-excellent babe from the Nightly Business Report married?

Who is that bozo that fills in for Paul Kangus?  He always reads all the 
indices down to the last decimal point.  What do I care if the Wilshire 5000
closed down 30.672 instead of down just 30?

Aaron "Wishing all of you the best of good buys!" Schindler
From: ajayshah@almaak.usc.edu (Ajay Shah)
Newsgroups: misc.invest
Subject: "Market efficiency" (Was Re: Rationality of the stock market (NOT!))
Date: 15 Dec 1992 15:04:06 -0800
Organization: University of Southern California, Los Angeles, CA
NNTP-Posting-Host: almaak.usc.edu

watanabe@cs.uiuc.edu (Larry Watanabe) writes:

>cs101a64@dcl-nxt03.cso.uiuc.edu (cs101 student) writes:

>>Wall Street can never seem to realize that the  
>>popular opinion of a stock is already be reflected in its stock price  

>Well, I guess Wall Street has a lot to learn about the stock market.

The concept of efficient market broadly means : "all available
information is reflected in the price".  This means that unless you
hold special information which the market does not yet know, you can't
make money in "responding to news".  By the time you heard that
Microsoft is in FTC trouble, that information is already incorporated
in the price.

"Information" above can be defined in many ways.  The most primitive
kind of information is the history of price and returns.  Such
information is very widely available.  It is easiest to test for
market efficiency w.r.t. historical price information, and (as far as
I know) nobody has yet found a chink in the efficiency armour enough
to make money on (and there have been hundreds of attempts at testing
market efficiency, in markets all over the world).

A flip side of this coin is a very damning indictment of chartism: to
the extent that the market is good at using information in price time
series, there cannot exist a chartist scheme which systematically
generates excess returns.  Again, every time a chartist scheme has
been held up to close scrutiny, it has proved to NOT systematically
generate excess returns.

In a world with efficient markets, there is virtually no role for
stock picking.  A lot of the advice that folks like Peter Lynch dish
out are very suspect when you assimilate the notion of efficient
markets.  Wall street types hate the proposition, because it
eliminates the need for expensive investment managers and newsletters
and thus directly endangers their livelihood.

        -ans.
-- 
Ajay Shah, (213)749-8133, ajayshah@rcf.usc.edu
Newsgroups: misc.invest
From: wouk@alumni.cs.colorado.edu (Arthur Wouk)
Subject: Re: Personal Finance newsletter and IBM
Organization: University of Colorado, Boulder
Date: Fri, 18 Dec 1992 17:57:48 GMT

In article <1992Dec18.051610.10670@cactus.org> ortega@cactus.org (Paul Ortega) writes:
>
>From New York Times News Service, December 17, 1992:
>
>New York - Institutional investors, who at one time owned more 
>of IBM than any other stock, continued their panicked flight
>Wednesday, selling huge blocks of the shares and sending the price
>down $4.25 to $51.875.
>

this is another illustration of the technical term 'distribution
phase'.

translation: after the drop in the dividend (which will take place in
january, probably) the stock will go lower, much lower.
-- 
arthur wouk 
internet: wouk@alumni.cs.colorado.edu
Newsgroups: misc.invest
From: lib@cbnews.cb.att.com (Lib)
Subject: Mutual Fund Forecaster recommends Gold Funds
Organization: AT&T
Distribution: usa
Date: Tue, 15 Dec 1992 17:12:13 GMT

   
The latest issue of Mutual Fund Forecaster recommends buying
gold funds. Says the "gold model" has gone positive. No other
explanation.
  
Caveat emptor.
From: judson@phakt.usc.edu (Tom Judson)
Newsgroups: misc.invest
Subject: PD Plotting program that plots volume horizontally and price vert.
Date: 14 Dec 1992 09:11:41 -0800
Organization: University of Southern California, Los Angeles, CA
Distribution: usa
NNTP-Posting-Host: phakt.usc.edu


Does anyone know of a plotting program that plots the following:

1. Price on the vertical axis
2. Date on the horizontal axis
3. The horizontal width of the bar determined from the volume

Ex.

11/30	10.0	100M
12/01	11.0	200M
12/02	09.5	 50M


11.0          ---------------
10.0   -------|             |
9.5    |      |             -----
|      |      |             |   |
|      |      |             |   | 
|        100        200       50
--------11/30------12/01----12/02---------

Thanks,
-TJ Judson
judson@usc.edu
judson@hac2arpa.hac.com

Newsgroups: misc.invest
From: mike@flex.austin.ibm.com ()
Subject: Stock price spreads
Date: Mon, 14 Dec 1992 17:46:29 GMT
Organization: IBM, Austin


    I have some questions about the bid/ask spread on stock prices. 
  
    1) Isn't the actual price of the stock the ask(buy) price?

    2) Who gets to keep the spread difference?

    3) What are the factors that cause the spread on a stock to fluctuate. 

    4) This week Whole Foods had a spread of $1 per share, the highest
       spread I've ever seen. Does this mean that supply was relatively high
       and that the market maker wasn't interested in buying? 

    Thanks in advance
    Mike Meacham
Newsgroups: misc.invest
From: murphy@rock.enet.dec.com ()
Subject: Re: Snapple - Does it really go public Tuesday?
Reply-To: murphy@rock.enet.dec.com ()
Organization: Digital Equipment Corporation
Distribution: na
Date: Tue, 15 Dec 1992 17:23:50 GMT



|> |> 
|> |> >I was wondering if anyone knows for sure if Snapple is going public
|> |> >tomorrow?
|> |> 
|> |> >vida@crsa.bu.edu
|> |> 
|> |> And what would be the symbol for it and on which market.  I am playing
|> |> the Wall Street Journal Investment challange, and I might like to do
|> |> snapple IPO game.
|> |> 
|> |> 
|> |> thanks for the responses
|> |> 
|> |> 
|> |> elkordy
|> 
|> The info is in this weeks Barron's ---
|> 
|> Murph

Update - from Tuesday's Boston Globe - offered Monday Dec 14 at $20 a share
trading Tuesday Dec 15th on NASDAQ - symbol SNPL

Murph
From: jordan@IMSI.COM (Jordan Hayes)
Newsgroups: misc.invest
Subject: Re: New Zealand stocks
Date: 11 Dec 92 20:34:54 GMT
Organization: Investment Management Services Inc., NYC

Bill Rea <cctr114@cantua.canterbury.ac.nz> writes:

	There have been some new listings but I think that there would
	still be less than 100 listed companies.

My database shows 219 today.  But you're right, that's not very many.

/jordan
From: c6y092@rick.cs.ubc.ca (Julien Rene Sellgren)
Newsgroups: misc.invest
Subject: Re: Book value
Date: 19 Dec 1992 00:17:44 -0800
Organization: Computer Science, University of B.C., Vancouver, B.C., Canada
NNTP-Posting-Host: gambier.rick.cs.ubc.ca


>Also, would anyone happen to know of a short term investment to
>put $300 into that could make a decent return?  

Personally I believe that any investment under $1000 is a waste of
time. The brokergage service that I use charges me a minimal commission
of $40 on each buy or sell, so investing $300 of something actually
costs me $390. This means the stock has to increase 30% just for me
to clear commission!!!  If you are still really gung ho to buy $300
of stock, then I would recommend a highly speculative penny stock.
(Take a look at the Vancouver Stock exchange)

Actually, now that I think about it, the best investment you can 
make with $300 is to take an investment course! :)

-Julien (c6y092@rick.cs.ubc.ca)
Newsgroups: misc.invest
From: acheng@ncsa.uiuc.edu (Albert Cheng)
Subject: Re: Where to turn when stock funds come down
Originator: acheng@shalom.ncsa.uiuc.edu
Organization: Nat'l Ctr for Supercomp App (NCSA) @ University of Illinois
Date: Sat, 19 Dec 1992 09:46:46 GMT

In article <1992Dec18.225427.28452@gumby.dsd.trw.com> suhre@meltami.dsd.trw.com (Maurice E. Suhre) writes:
>This is so easy I almost hate to respond :-)
>
>Obviously, you should go into the money market, preserve your capital,
>and wait for a good buying opportunity.  This is called market timing in
>the vernacular.  A lot of people claim it can't work.  But if your sense
>is correct :-), then money market is appropriate.  

I must have asked a dumb question.  What I tried to say is, say comes
next march, Market hits 3500 and I conclude "that is it, Bear all the
way for the next 18 months."  Should I immediately move my stock funds
into bond funds and hold them for 18 months?  Is life that simple
that stocks go down, bonds go up?
Newsgroups: misc.invest
From: geopi@cbnewsh.cb.att.com (george.p.cotsonas)
Subject: ASTA estimates/analysis ?
Organization: AT&T
Distribution: usa
Date: Fri, 18 Dec 1992 02:42:49 GMT

Please: I'm interested in the outlook for AST Research.
Earnings outlook, fundamentals, would be appreciated.

-- 
George P. Cotsonas
AT&T BL/CPL
att!hocpa!geopi
Newsgroups: misc.invest
From: conway@agora.com (Mark Conway)
Subject: Body Shop (from "Don't Become Fixated on Mutual Funds")
Reply-To: conway@agora.com
Organization: Agora Software
Date: Sun, 13 Dec 1992 03:29:08 GMT

In article <1992Dec10.195734.6506@cbnews.cb.att.com> lib@cbnews.cb.att.com  
(Lib) writes:
> In article <1992Dec9.151301.8923@agora.com> conway@agora.com writes:
> >
> ......
> >
> >I'll add two picks that I think will do great over the next five to ten  
> >years.
> ..........
> >
> >2. Body Shop (pink sheets)     Recent Price: 2 3/4
> >
> >Retail and mail-order cosmetics.  Exotic products such as peppermint 
> >oil, beeswax mascara, and grapefruit shampoo.  Has potential to open  
more  
> >retail stores in the U.S.  Traded on London Stock Exchange.
> 
> I'm fascinated by the mention of Body Shop since I just passed one in
> a mall in Nashua NH. Can you tell us anything more about it? Are they
> making money? When I told the clerk at the store I wanted to know more
> about their parent company she said there were several. What's that  
mean?
> She gave me a number in New Jersey and they promised to send some
> information.

New Jersey is where their mail order operation is located.  By the way,  
it's just one company.  They are based in Britain with 1000 shops around  
the world and 100 in the U.S.  The company was started by Anita Roddick
(author of "Body and Soul").  They buy their natural ingredients from  
native peoples in order to preserve their cultures and land.  I just  
noticed their catalog was printed in soy ink.  The stock was recommended a  
year ago in Barron's by Peter Lynch.  He believed that eventually Body  
Shop could open up to a few hundred stores in the U.S.  At the time he  
recommended it, the price was around five and a couple of months ago it  
dropped sharply to 3 (interestingly Lynch predicted it could take a hit).
Earnings had been steadily growing until that point - unfortunately it's  
hard to get information on the stock since it's based in London.

- Mark
From: vida@crsa.bu.edu (Vida Jakabhazy)
Newsgroups: misc.invest
Subject: Snapple - Does it really go public Tuesday?
Date: 15 Dec 92 01:45:45 GMT
Distribution: na
Organization: Boston University

I was wondering if anyone knows for sure if Snapple is going public
tomorrow?

vida@crsa.bu.edu
Newsgroups: misc.invest,alt.activism
From: parrish@ecn.purdue.edu (Stephen L. Parrish)
Subject: Re: Snapple - Does it really go public Tuesday?
Organization: Purdue University Engineering Computer Network
Distribution: na
Date: Wed, 16 Dec 1992 15:53:40 GMT

In article <rohrernl.64@helix.nih.gov>, rohrernl@helix.nih.gov (Nathan Rohrer) writes:
|> In article <1992Dec15.184824.7705@murdoch.acc.Virginia.EDU> prs9k@brain.med.virginia.edu (Phil Scarr) writes:
|> 
|> >In article <BzBB4n.IxL@taligent.com> cep@taligent.com (Christophe Pettus) writes:
|> >>Does anyone have firm information about the supposed connection between
|> >>Snapple and anti-choice groups?  Rumours have been circulating for months,
|> >>but I've never seen anything concrete.
|> 
|> >It doesn't surprise me give that they advertise on Rush Limbaugh...
|> 
|> They advertise on Stern too,  I guess they like to offend everybody :-).  
|> Did it ever occur to you that they might advertise on these shows because a 
|> lot of people listen to them?
|> 
Nope.  Can't do it.  To see this aspect of an ad campaign would reveal
a faint understanding of the principles of capitalism-- and we all know
this is _bad_.

-- 
Stephen Parrish              |          Will Do Core Design for Food 
Purdue University            |       
School of Nuclear Engineering|          
parrish@gn.ecn.purdue.edu    |  KEMP/Powell '96   (If the US survives '92-96)
Newsgroups: misc.invest
From: cs101a64@dcl-nxt03.cso.uiuc.edu (cs101 student)
Subject: Re: IBM Turnaround?
Organization: University of Illinois at Urbana
Distribution: usa
Date: Tue, 15 Dec 1992 20:31:15 GMT

In article <1992Dec14.165252.5577@ee.eng.ohio-state.edu>  
adkins@singha.eng.ohio-state.edu (Kenneth C. Adkins) writes:
> What is the net's general opinion on IBM.  Do people think
> they're going to be able to turn things around?  Is the stock
> drop a true reflection of their drop in value?  I can't 
> imagine that IBM is in such trouble that the stock won't ever
> rebound to prices of last year.
I would not recommend IBM unless it drops to the lower 40s.  The main  
reason is that it is not a Graham-and-Dodd bargain, because it sells for  
more than 2/3 of book value (According to Value Line, IBM's book value is  
about $62/share).  I am not completely sure why Benjamin Graham would wait  
for a stock to drop to under 2/3 of book value before buying it, but I  
suspect that he would want a margin of safety.  Also, IBM could drop lower  
if the dividend is cut (which seems likely, because the dividend is now  
much higher than earnings).
From: davisje@smsun45.crd.ge.com (jonathan e davis)
Newsgroups: misc.invest
Subject: Re: Free Stock Newsletter By E-mail
Date: 11 Dec 92 19:24:24 GMT
Distribution: na
Organization: GE Corp. Research & Development, Schenectady, NY

In article <1992Dec11.150553.20793@eng.umd.edu> georgec@eng.umd.edu (George B. Clark) writes:
>In article <Bz2wyJ.J2w@cs.uiuc.edu> watanabe@cs.uiuc.edu (Larry Watanabe) writes:
>>
>>There's just one thing to be careful of with these newsletter
>>thingies ..
>>
>>Sometimes they can be self fulfilling. The newsletter recommends
>>a thinly traded stock. Everyone on the newsletter list buys it.
>>Amazingly enough, the price rises!
>
>There are dozens of market-timing newsletters, and there are many
>magazines and newspapers with buy/sell advice in each issue. The advice
>of one editor of a small, free newsletter is not going to upset
>financial markets.

I would agree with this.  I would be interested in his picks, but it's
ultimately my decision to follow his advice if his picks coincide 
with my own trading strategy.  He may turn up a company I could overlook
in my own selection process.   It's an advisory newsletter, right?





------------------------------------------------------------------------
Jon Davis                                     E-mail: davisje@crd.ge.com 
GE Corporate Research & Development Center    Phone:  (518) 387-5487
Newsgroups: misc.invest
From: tranl@vccnw07.its.rpi.edu (Luong T. Tran)
Subject: Re: Where to turn when stock funds come down
Reply-To: tranl@rpi.edu
Organization: Rensselaer Polytechnic Institute, Troy, NY.
Distribution: misc.invest
Date: Thu, 17 Dec 1992 17:34:24 GMT

In article <BzEvF1.6HL@news.cso.uiuc.edu>, acheng@ncsa.uiuc.edu (Albert Cheng) writes:
|> 
|> Only about 10 more trade days to go and the predicted market crash (2800)
|> has not appeared for 1992.  All those market prophets now talk about
|> a rally in 1st quarter 93 (3500), then slids back to 3200.  So, I am
|> scared.  What should I do if I sense (ha!) an eminant market crash?

Some of NBR's guests are bullish about Dec. and early Jan.  I don't think
there would be a crash (down to 2800) in the next 10 days.  History had 
shown that most major crashes are in the odd years.  If history repeats
itself, we shouldn't see a crash the remainder of this year.  

Of course, if you are too worry about it, you can park more money in 
bank accounts.  Money Mag. has monthly CD and bank yields. 

LTT.      

Newsgroups: misc.invest
From: pkedrosk@student.business.uwo.ca (Paul S. Kedrosky)
Subject: Re: What is wrong with MicroSoft ?!!!
Organization: University of Western Ontario
Date: Sat, 19 Dec 1992 01:59:35 GMT


watanabe@cs.uiuc.edu (Larry Watanabe) writes:

> paul@panix.com (Paul Gatker) writes:
> 
> 
> >>The reason microsoft is going down is because they are under investigation 
> >>ftc for violations regading the way they market dos.  If someone has the mo
> >>article, maybe they could post it.  No formal suit has been filed, to my kn
> >>as of yet.
> 
> 
> > The reason why Microsoft might be going up in the future is that their new
> >network systems could usurp both Artisoft's and Novell's market share!
|> 
> There was a news item today, saying that the FTC will be 
> taking action against Microsft. Maybe this is a good time 
> to invest in Novell.

The general expectation on the street is that any action against
Microsoft (given that FTC's decision appears to be imminenent) will be
inconsequential and have no significant impact on earnings.

Paul


 __________________________________________________________________________
     Paul S. Kedrosky              __/ "In a certain village in La Mancha,
    pkedrosk@business.uwo.ca      __/ which I do not wish to name, there
   University of Western Ontario __/ lived not long ago a gentleman..."
  (519) 679-2111 x5174          __/
From: colburn@oswego.Oswego.edu
Newsgroups: misc.invest
Subject: Priminex (sp?)
Date: 11 Dec 92 20:02:01 GMT
Reply-To: colburn@oswego.Oswego.edu ()
Distribution: usa
Organization: Instructional Computing Center, SUNY at Oswego, Oswego, NY
Originator: colburn@gidney.oswego.edu

Does anyone have any information about Priminex (sp?). 


+-----------------------------------------------------------------+
|  Bret Colburn                                                   |
|  CAE Link - Link Flight Simulation Division                     |
|                                                                 |
|  u6k75@lfkw2.bgm.link.com     or     colburn@oswego.oswego.edu  |
+-----------------------------------------------------------------+
From: stgprao@st.unocal.COM (Richard Ottolini)
Newsgroups: misc.invest
Subject: new 401K regulations?
Date: 17 Dec 92 22:26:22 GMT
Organization: Unocal Corporation


The Dec 28 FORTUNE said that new regulations in October require employers to
offer at least *three* different investment options in their 401K programs.
Anyone collaborate this?

Our company only offers its stock in its plan.
From: rteasdal@polyslo.csc.calpoly.edu (Rusty)
Newsgroups: misc.invest
Subject: Re: GM stock/dividend ?
Date: 14 Dec 92 02:01:39 GMT
Organization: Cal Poly State Univ,CSC Dept,San Luis Obispo,CA 93407

volks@snowhite.cis.uoguelph.ca (Lorraine Van Wingerden) writes:
>
>Does anybody know what is going on with GM,
>I heard that they may drop Oldsmobile from their line, but
>how this will effect stock prices?

	I can't imagine the cosmetic shedding of a division having
any significant effect on the stock. GM's problems are deeper than
that, assuredly.

>What is going to happen to dividends?

	Talk on the Street is that GM's credit rating, if slashed
again, could prevent it from issuing competive financing through
its GMAC arm. They'd cut the dividend before letting that happen.

>Do you think that GM has any chances of survival?    

	Assuredly they will survive. I doubt they'll thrive.
The company let urgent strategic and structural problems fester
all through the Eighties, and they are now reaping the whirlwind.




-- 
||||||||   Russ Teasdale -- rteasdal@polyslo.CalPoly.EDU  --  (Rusty)  ||||||||
-------------------------------------------------------------------------------
"Gentlemen, if we do not succeed, then we run the risk of failure." - D. Quayle
Newsgroups: misc.invest