HDTenEightyP/NetNews huggingface dataset:
From: bucknerb@bnr.ca (Brent Buckner)
Subject: Re:  OK, what about THIS strategy? 
Organization: Bell-Northern Research, Ontario, Canada
Date: Fri, 8 Jan 1993 17:51:20 GMT

In article <1993Jan8.172459.9412@mailer.cc.fsu.edu> meyers@lorenz.ocean.fsu.edu (Steve Meyers) writes:
>In article <1993Jan8.154622.29354@aio.jsc.nasa.gov>  
>mike@drseus.jsc.nasa.gov (Mike Ross) writes:
>> I took a management course wherein a guest lecturer spoke about
>> finances and stocks.  Pressed for some investing advice (not
>> necessarily expected of this lecturer, but she relented), she
>> told us her old boss had gotten quite wealthy with a simple
>> strategy:  each August (I don't know the significance of August)
>> he would buy stocks with a low PE ratio (4 or less), and sell those
>> whose PE ratio had grown out of that range over the previous year.
>> He supposedly only did this once each year.
>> 
>
>To blindly buy stocks based on their PE alone is asking for 
>trouble. There are often very good reasons for PE to be low, 
>e.g. law suits that the company will probably lose. However, 
>if you can select those stocks that have no fundamental reason 
>to be low, then it seems as good a strategy as any.
>

There is evidence that a low-P/E strategy has historically 
out-performed the broad market with lower volatility.

Beyond that, one would be relying on one's ability as a
stock-picker.  It seems reasonable to take the (expected) statistical
advantage and not rely upon one's own analysis of when
the market has properly discounted fundamentals and
when it hasn't.  If one could perform that analysis better
than the market, one needn't restrict oneself to low-P/E stocks.

-- 
at Bell-Northern Research
voice:        (613) 765-2739
Canada Post:  P.O. Box 3511, Station C, Ottawa, Canada, K1Y 4H7
I do not claim that BNR holds these views.
From: tdw1@bunny.gte.com (Tom Walsh)
Newsgroups: misc.invest
Subject: Re: Question for Mutual fund, P/E ratio, Money Magazine, etc.
Date: 7 Jan 93 15:01:33 GMT
Distribution: usa
Organization: GTE Laboratories

In article <5Jd=ST=@engin.umich.edu> zliao@engin.umich.edu (Canhai Lai) 
writes:
> One article said Money is not good for stock pick, how about
> mutual fund? Which magazine does a better job?

I'm not sure Money is all that good for picking mutual funds either.  They 
dropped their list of 20 Recommended Funds for the Long Haul in December 
because they said 11 of them were down.  Money often prints the 
recommendations of individual financial planners, which of course aren't 
their recommendations and reflect the bias of the planner (often towards 
load funds).  Maybe Money is useful to bring funds to your attention which 
you can then investigate as to whether they are what you need.  Also, 
Money does print their annual rating of several hundred funds usually in 
February.  
Newsgroups: misc.invest
From: tcbd@cbnews.cb.att.com (tom.c.b.davison)
Subject: Re: Wealth Builder
Organization: AT&T
Distribution: usa
Date: Mon, 11 Jan 1993 02:14:05 GMT

In article <naz-100193183124@139.169.16.102>, naz@mickey-csdl.jsc.nasa.gov (Nazareth Bedrossian) writes:
> Can anyone comment on the merits/drawbacks of using "Wealth Builder"
> software (by the folks of Money mag) for investment purposes.


There is a lively discussion on compuserve about wealthbuilder.
Not too many conversants like it.  I have personally abandoned it
in favor of Managing your Money, and pfroi.  Another standard
recommendation is quicken.  WB's single strength seems to be
in certain planning functions.  What did you want to do with
a package like this??
Newsgroups: misc.invest
From: rajdas@hood.tandem.com (das_raj@tandem.com)
Subject: mutual fund query
Keywords: funds index
Reply-To: das_raj@tandem.com (Raj Das)
Organization: Tandem Computers, Inc.
Date: Mon, 4 Jan 1993 21:44:49 GMT

I've been contemplating investing in the following true no load
mutual funds (no 12-1b funds for me thank you) and would like to
know if anyone out in netland has been burned on the following
funds: Janus, Stein Roe Stock, CGM family and Value Line.

I'm in it for the long haul and would like to get around 10-15% avg yearly
return (am I being too optimistic?). Anyone know of other funds that
outperform the above while maintaining the true no load clause.  

I picked the funds above because they were above 10% on a 10 years return
calculation, had expenses of <= 1% of net asset value and were true no loads.

Thanks to all investment gurus in advance.

--Raj

P.S.:  Does anyone out there feel the market is headed for a correction?
If so, when would you technicians, wave theorists, etc. predict the correction
is likely to occur? 

--------------------------------------------------------------------------|
Raj Bahadur Das			| Views reflected in all past, present
Tandem Computers, Inc.		| and future posts reflect the opinions of
10600 N. Tantau Avenue		| the author solely and in no way reflect
Cupertino, CA   95014		| the views of past employers, Tandem, or  
PHONE:  (408) 285-2671		| any future employers. Phew.. that just
EMAIL: das_raj@tandem.com	| about covers everything.
Newsgroups: misc.invest,misc.taxes
From: lib@cbnews.cb.att.com (Lib)
Subject: Re: Need advice to lower taxes
Organization: AT&T
Date: Mon, 11 Jan 1993 14:45:19 GMT

In article <BRw5wB1w161w@cdthq.UUCP> gary@cdthq.UUCP (Gary Heston) writes:
>davew@willow03.cray.com (Dave Wagner) writes:
>
>> What I don't understand (and correct me if I'm wrong), is that for a normal
>> IRA (where you do *not* deduct the depoit's, only the interest is tax defered
>> you can only invest $2000 per yr.  But you can open as many as you want.  Is
>> this just a loophole that might be closed (i.e. the as many as you want).  If
>> not why not get rid of the limit and make everyone's paperwork easier.  
>
>Ummmm... You're limited to a total of $2000 in contributions, no matter
>how many IRAs you have; you can put $200 in each of 10 IRAs, or $2000
>in one IRA, but no more than $2000 total.
>
>I.e., there's no loophole there....

True. Of course you can rollover as much as you want from a qualified
plan and still put $2000 worth of new money in an IRA. Also there used
to be something called a "spousal" IRA whereby you could open an IRA
and out in up to $2000 for a non-working spouse. Can't say I've heard
about spousal IRAs in a long time though.
From: thait@col.hp.com (Thai Tran)
Newsgroups: misc.invest
Subject: Re: Tucson Electric (TEP)
Date: 7 Jan 1993 16:14:34 GMT
Organization: HP Colorado Springs Division
NNTP-Posting-Host: hpcsrp4.col.hp.com

kmcintyr@boi.hp.com (Kevin McIntyre) writes:
> Anyone know what's up with this company.  I know about the 
> "problems" last year but today the volume was > 8 million.

As I recall TEP just recently completed restructuring of the company.  As
part of the restructuring, TEP issued about 135 million new common shares
(TEP had about 25 million shares outstanding before this).  I think it'll
take awhile before they sell all of the new shares, and I believe this is
the cause of the sharp rise in the trading volume in the last few weeks.



Newsgroups: misc.invest
From: 6881300@LMSC5.IS.LMSC.LOCKHEED.COM
Subject: Re: snapple IPO
Organization: Lockheed Missiles & Space Company, Inc.
Date: Mon, 04 Jan 93 11:30:44 PST

>                          <much removed>
>
>I have made profits greater than both the overall market and inflation on two
>other IPOs by holding for part of a year.  I have never lost money on an IPO,
>which is more than I can say for my other investments.
>
>Also, look at the track record of the underwriter.  Some put a lot more IPOs
>to market with good futures than others.  This is not luck, either -- there's
>a real art to knowing how much to price an IPO at.  Just like fund managers,
>some underwriters are much more savvy than others as to where the market sits.
>--
>John Cooper                            | My opinions, may not be employer's.

I'm impressed!  Please share your wisdom with your investment peers.
Otherwise, quit bragging -- we are a very envious newsgroup.  :-)

Namely, what underwriters do you recommend for IPO's?

Cordially,
............................................................................
Roy Sette                                       Lockheed Missiles & Space Co.
                                                1111 Lockheed Way, O/82-10
rsette@lmsc.lockheed.com                        Sunnyvale CA 94088-3504
Newsgroups: misc.invest
From: eruben@oracle.com (Edward Ruben)
Subject: SYRA - Syratech Corp.
Organization: Oracle Corp
Date: Tue, 5 Jan 1993 21:32:48 GMT
X-Disclaimer: This message was written by an unauthenticated user
              at Oracle Corporation.  The opinions expressed are those
              of the user and not necessarily those of Oracle.

This company was one of the 30 companies that Investor's Daily chose to post graphs
of on a couple of different days.  Does anybody have any information regarding the
company, or know where it's headquarters is located?

Thanks.
From: barmar@think.com (Barry Margolin)
Newsgroups: misc.invest
Subject: Managing Your Money (was Re: Quicken & Investments)
Date: 4 Jan 1993 21:18:26 GMT
Organization: Thinking Machines Corporation, Cambridge MA, USA
NNTP-Posting-Host: telecaster.think.com

In article <1993Jan4.181635.28025@rational.com> jdart@donner.Rational.COM (Jon Dart) writes:
>   I'm still trying to use this program for investments, but it's not
>going as smoothly as I hoped it would.

When I was looking into a money management program (for the Mac), I was
concerned about this, and asked around here.  Everyone told me that Quicken
is great for household finances, but if you're also tracking investments
then Managing Your Money is better.  I haven't actually tried Quicken, but
judging from your comments I'd have to agree.

Not that MYM isn't without its own gotchas.  The most annoying is that it
splits up dividends into several transactions, one for each of your open
positions (because it keeps a running total of the earnings for each open
position), and rounds each to the nearest penny; if you have several open
positions in a security (and if you're reinvesting dividends you'll have
many) these roundoffs can accumulate, resulting in a credit or margin
balance of a few cents in the portfolio.  I eventually figured out that I
could simply edit one of these transactions to adjust its dollar amount to
make it come out even.

On the whole, though, I've been very pleased with MYM.
-- 
Barry Margolin
System Manager, Thinking Machines Corp.

barmar@think.com          {uunet,harvard}!think!barmar
Newsgroups: misc.invest
From: fih1@cunixa.cc.columbia.edu (Francis I Ho)
Subject: Opinions on Equi Fund Wright Hong Kong
Keywords: internantional, stock
Reply-To: fih1@cunixa.cc.columbia.edu (Francis I Ho)
Organization: Columbia University
Distribution: misc
Date: Thu, 7 Jan 1993 04:34:46 GMT


does anyone have any opinions or comments on 
the Equi Fund Wright Hong Kong fund?

It has come up in Kiplinger's lists (but I don't quite see it in Money)
also I can't seem to find it my paper (the Washington Post)
(should I be worried about this part?)

also does anyone have any experiences or comments with Scudder Pacific Rim 
Opportunities fund and T.Rowe Price New Asia fund?
(please email)

thanks in advance


__ ___ ____ _____ ___ ____ __ ________________________________________________
in the end, there can only be one.
Newsgroups: misc.invest
From: ecker@convex.com (J. J. Ecker)
Subject: Re: Tech. Analysis magazines/books...?
Date: Fri, 8 Jan 1993 16:19:33 GMT
Distribution: na
Organization: Engineering, CONVEX Computer Corp., Richardson, Tx., USA
X-Disclaimer: This message was written by a user at CONVEX Computer
              Corp. The opinions expressed are those of the user and
              not necessarily those of CONVEX.

In article <1993Jan6.024030.12316@scott.skidmore.edu> pvonk@scott.skidmore.edu (Pierre VonKaenel) writes:
>
>Speaking of investment magazines... I've been combing through
>Compuserve, picking up Technical Analysis programs to try.  But, I
>don't know much about this area (have done Fund. Analysis in the
>past).  Anyone know of a good book or perhaps magazine?  I've heard of
>Technical Analysis for Stocks and Commodities Magazine (or something
>like that), but perhaps a good book is the place to start.
>
>

   I'd recommend _Technical Analysis Explained_ by Martin J. Pring.  It is
the most complete book that I've read on the subject.


JJ Ecker

ecker@convex.com
From: laliths@Autodesk.COM (Lalith Subramanian)
Newsgroups: misc.invest
Subject: EXABYTE - Any comments ?
Date: 6 Jan 93 00:39:15 GMT
Distribution: usa
Organization: Autodesk Inc., Sausalito CA, USA

Wondering whether anyone has comments on Exabyte( EXBT ), the Colorado
based manufacturer of 8mm tape backup subsystems(EXB8500 etc.). About a
year ago, Barron's had an article stating they were exclusive licensees
from Sony for Sony's tape mechanism etc.etc. But, since then, the stock
has fallen to less than 50 % of its high.....

Any comments ?


----------------------------------------------------------------------
Lalith Subramanian	      Internet: laliths@autodesk.com
			      UUCP: ...!decwrl!acad!laliths
Tech.Doc.Mgmt.Division	      Ph: (707)-794-1961
Autodesk,Inc.
----------------------------------------------------------------------

Newsgroups: misc.invest
Subject: Re: Capital Gains tax?
From: gary@cdthq.UUCP (Gary Heston)
Date: Tue, 12 Jan 93 18:38:25 CST
Organization: Garys' Home for Obsolete Computers

Cheryl Lynn Lavertu <LAVERTU@MAINE.MAINE.EDU> writes:

> This doesn't exactly fall under the catagory "investment" but
> I'd appreciate any info.  As part of a divorce settlement, my
> husband will be "selling" his share of our house to me.  I
> initiated the divorce and asked him if he would be willing to
> let me have the title to the property.  My question is this:  would
> the money I pay to him for this be considered capital gains for him?
> I don't want him to end up paying a lot of tax on it, since he's
> being very fair and cooperative and will need as much of the money
> as possible to start his new life.

Check with a CPA or attorney to be sure, but I believe that in
cases like this, any amount over half the basis cost of the house
(purchase price plus improvements) would be considered taxable
capital gains; however, he should be able to roll this into another
house within two years, and defer taxes on it. He would not owe
taxes on the entire amount.

Sorry things didn't work out for the two of you...

Gary Heston, at home....
gary@cdthq.uucp
Newsgroups: misc.invest
From: mflll@uxa.ecn.bgu.edu (Dr. Laurence Leff)
Subject: Gulf USA Debenture Price Behavior = yo-yo
Organization: Educational Computing Network
Date: Mon, 4 Jan 1993 23:48:48 GMT

The following bonds have been going up and down like a yo-yo.

Glf usa 10 7/8 97
GlfUSA 12 1/2 04

They are both associated with Gulf USA Corporation.

A search through the various Clarinet financial news groups, the
ABI Inform and the Wall STreet Journal reveal no news regarding this
company.

I bought the 2004 bonds at 64, they went up to about 71.   They went down
to 35 and December 30th they went up to 45.    They now have a current
yield of 29 percent.

I am understandably curious as to what is happening to these bonds.  
Anyone out there have any thoughts or information. 
Newsgroups: misc.invest
From: ask@cbnews.cb.att.com (Arthur S. Kamlet)
Subject: Re: How can I profit by investing $20?
Organization: AT&T Bell Laboratories,  Columbus, Ohio
Distribution: usa
Date: Fri, 8 Jan 1993 23:59:04 GMT

In article <25610010@hpgrla.gr.hp.com> edb@hpgrla.gr.hp.com (Ed Beshore) writes:
>US Savings bonds pay a pretty good rate of interest.  You might
>still be able to get a $25 bond for $15 or so.

Nah.  But for $25 you can buy a $50 bond.
-- 
Art Kamlet  a_s_kamlet@att.com  AT&T Bell Laboratories, Columbus
Newsgroups: misc.invest
From: rgong@bingham.utah.edu (Ruoming Gong)
Subject: discount stockbroker
Organization: University of Utah
Distribution: usa
Date: Mon, 11 Jan 93 06:46:09 GMT

Hello, all you gentlefolks.

	Does anyone out there know if there is any discount broker which
can give a BBS and online trading service? and their phone numbers, pls?
I need this kind of info badly. Please post here or email to me directly.
Your help will be greatly appreciated. Thanx in advance.


rgong@mines.utah.edu
From: fajack@cc.usu.edu
Newsgroups: misc.invest
Subject: how to become a charter financial analyst ?
Date: 5 Jan 93 07:45:34 MDT
Organization: Utah State University

	Can anyone email me regarding information on becoming an
charter financial analyst ?  Thanks a lot.


Jack Teh 

Newsgroups: misc.invest,misc.taxes
From: ask@cbnews.cb.att.com (Arthur S. Kamlet)
Subject: Re: Need advice to lower taxes
Organization: AT&T Bell Laboratories,  Columbus, Ohio
Distribution: usa
Date: Fri, 8 Jan 1993 08:08:01 GMT

In article <7JAN199314384563@csa3.lbl.gov> schindler@csa3.lbl.gov writes:
>>> He can also place $2000 per year into an IRA account.  While he
>>> cannot deduct the $2,000, all earnings in that account grow untaxed
>>> until he withdraws thpse funds many years from now.
>
>>   Not if he's already in a 401k with a $100k annual income.  There's
>>   a cap on the income you can earn & be in a 401k & fund an IRA.
>> 
>>   Unfortunately, the cap applies to married couples as well.  I make
>>   much more than my wife, she has a 401k, I don't.  Since we make too
>>   much money and she has the 401k, we *can't* fund an IRA.> 
>>       - David
>
>Is this true?  I believe that anyone with earnings can put money into an 
>IRA but only a subset of those people can deduct the money.  David says 
>some people can't even put money into an IRA, period.  Which is it?

You are correct.  See the first quoted paragraph above.
-- 
Art Kamlet  a_s_kamlet@att.com  AT&T Bell Laboratories, Columbus
From: chedley@carthago.intel.com (CHEDLEY_AOURIRI)
Newsgroups: misc.invest
Subject: Re: Questions regarding Annuities and Asset Managers
Date: 5 Jan 93 02:28:52 GMT
Reply-To: chedley@carthago.intel.com (CHEDLEY_AOURIRI)
Distribution: usa
Organization: Intel-Corp,_Hillsboro,_Oregon

In article <1i9groINNpg1@meaddata.meaddata.com>, yoon@meaddata.com (Yoonho Ha) writes:
|> I have a couple of questions that I hope some of you out there can answer:
|> 
|> 1.  What are the pros & cons in using an asset manager?
|> 
Pros:
You use the services, knowledge and savvy of a professional money manager.

Cons: 
You depend entirely on his/her investment decisions, and you pay a feee to boot.

|> 2.  How does an annuity actually work and what are the pros & cons in 
|>     using an annuity over an IRA?
|> 
An annuity is contract between you and an insurance company, where
you agree to pay the insurance company a stated amount of money every six months.
The company will invest that money for you (after deducting a fee).
When the annuity expires, you get back all your monies plus interest
or proceeds of the investments made on your behalf.  Most annuities 
carry a guaranteed minimum interest. Also, a "death clause" is attached to
most annuities, so an annuity can act like a life insurance policy.

Pros: The interest accumulates on a tax free basis, like an IRA.

Cons: You depend on the savvy of the insurance company. In particular, if the
      insurance company goes belly up, you may not recover all your monies.
       If you decide to terminate the annuity contract before expiration, you will
       get back a "cash value" that may be less than what you expected. 

Like bonds, annuities are interest rate sensitive securities,
and can be bought and sold in the open market.

-- 
..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: jammer@eskimo.com (Lyle Harwood)
Newsgroups: misc.invest
Subject: Basic Questions, part II
Date: 9 Jan 93 06:18:39 GMT
Organization: -> ESKIMO NORTH (206) For-Ever <-
X-Newsreader: TIN [version 1.1 PL6]


Ok, you guys have been a lot of help so far. I now know more than I did 
twenty four hours ago. (That being the length of my investment career
to date....)

Now. What is Option trading? I signed up for America On Line, who offers
the abilitie to buy and sell through a company called E*Trade.
does anyone know of this company?
They offer commissions of $.015 per share, $35 minamum. Good, I can
figure that out.
Is it low? High?
They also offer somthing called "Options", at 0 to $2499, $25 + 1.6% of
the principle.

My Basic Question for the weekend is:
What are options? How do they work?
Why would I want an Option instead of buyin a share outright?

The other thing AOL offers, and which I intend to pursue,
is a game.
Called Bull & Bear, it uses real prices, real stocks, real everything,
timing, options, etc.
The only thing that is NOT real is the money.
They will let me establish a portfolio as if I had purchased it,
without paying for it. I can then LEARN!
If I loose a million, I will leave my tiny little dollars safely where
they belong, in my savings account.
If I make a million unreal dollars, I'll be back to bug ya with more
basic questions.

Thanks again, you guys!

Jammer
Newsgroups: misc.invest.real-estate
From: alexg@austin.ibm.com ()
Subject: Tenant Relations 
Originator: alexg@madrid.austin.ibm.com
Date: Tue, 5 Jan 1993 18:05:59 GMT
Reply-To: alexg@austin.ibm.com
Organization: IBM Austin


>>Hi All:

>>Can anyone tell me where I can find information regarding tenant
>>relations, in particular those cases where the tenant is being
>>evicted.

>>P. Curry

Most libraries have books on landlord/tenant law. You will find a good
starter there. Just make sure a book is specific for your state.

Your local affiliation of the state or city Apartment Owners Association 
(AOA) may be of help. They ussualy have something called a "Red Book", 
a thick volume with most current rules, regulations and laws. Standard 
forms of all kinds are also included. Usually costs $200-400 a year to 
join but you might be able to get some info for free or just buy a 
book/forms cheaper.

If you go to your local small claims court you may find there all the 
paperwork necessary to file for an eviction and a brief set of instructions
describing the procedure and how to collect a judgement after you obtain it.

If you are not certain where you file call your local AOA, tell your property
address and ask where to file. They will probably know. It varies depending
on the state regulation.

Of course you can hire an attorney if you are afraid of screwing up
for the first time. It's gonna cost about $200-400. Next time you'll
be able to file yourself.

NOTE: Please, please don't try to shut down the water or electricity in
your property or do something of that nature to force them out. You may
get in very serious trouble and delay an eviction indefinitely.

- Alex Gurevich      alexg@austin.ibm.com

Oh, how could I forget that !! The most appealing source of information 
on tenant/landlord realtions is the movie "Pacific Heights".