HDTenEightyP/NetNews huggingface dataset:
From: nicklaus@lonetree.lonetree.physics.wisc.edu (Dennis J. Nicklaus)
Subject: Re: The Advice of "Experts", and How to Interpret it...
Organization: Univ. Wisconsin High Energy Physics
Distribution: usa
Date: 28 Sep 92 10:40:41


markh@sag4.ssl.berkeley.edu (Mark Hurwitz) wrote:
> invited expert recommended Birtcher... was trading around 10, down from a high of 20.
>...I nearly bought it at 10.  
>...not long thereafter it dropped below 5 (!).  
>Various news mags (Money, etc.) recommend new "hot picks" all the time.  

I've often wondered: when the experts blow it, is it a long-term
mistake?  Or did they happen to pick a company whose stock bombs for
a few months and then takes off like they expected it to?

I guess the strategy this would imply would be:  watch various experts'
latest hot picks, see which ones crash (experts' short-term mistakes), then buy
that stock after it crashes on the expectation that there really was
something there that the expert picked up on (and so you've gotten an
even better price than where the expert recommended it).
Dennis
(not really 2 lonetree's in my return address.)
nicklaus@lonetree.physics.wisc.edu
Newsgroups: misc.invest
From: rteasdal@polyslo.csc.calpoly.edu (Rusty)
Subject: Re: The end of media generated recession is close.
Date: Mon, 05 Oct 92 03:22:41 GMT
Organization: Cal Poly State Univ,CSC Dept,San Luis Obispo,CA 93407

In article <1992Oct5.025710.21270@adobe.com> kendall@adobe.com (Janice Kendall) writes:
> Aside from my obviously biased comment above, question:  
>   *Is* Reagan responsible for the economic policy which drowned
>   us in debt, or was it the democratic congress?  I've heard it
>   was Reagan who pushed for tax credits to businesses for debt.
>   
>

	The Eighties were, I think, a bipartisan disaster. The advent
of the Reagan administration and its plans to slash income taxes while
pursuing the largest military buildup in twenty years resulted in very
large deficits; when the sky didn'tdn't fall in, the principle was to a
great deal legitimized, and Congress proceeded to spend without limit
or restraint.


>        "Giving power and money to the government is like giving 
>         whiskey and car keys to teenage boys."  
>
>		- P.J. O'Rourke, former gulf war correspondant, summing
>		up what he learned during two years of research on how
>		our government functions.



	O'Rourke recently pointed out, as well, that the cumulative
inflation-adjusted cost of the federal S&L bailout has now surpassed
the entire cost of fighting the Second World War!




-- 
||||||||   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
From: yhari@uncc.edu (Yog Hari)
Subject: Pay Per View Stock?
Reply-To: yhari@uncc.edu
Organization: University of NC at Charlotte
Date: Mon, 28 Sep 1992 23:40:54 GMT

Does anyone know who own's the company that does Pay Per View?  Does one cable
company own it?  It seems like a very profitable business.  Will the cable regulation
bill affect this type of company?

Thanks.

Yog Hari	email yhari@mosaic.uncc.edu		fax 704 553 8795
From: Dave-M@cup.portal.com (David Russell Mottern)
Newsgroups: misc.invest
Subject: Ken Roberts and British American?
Date: Wed, 30 Sep 92 20:29:54 PDT
Organization: The Portal System (TM)

    I recently received in the mail an ad for a company called "British 
    American". It was a booklet by a man named Ken Roberts and it described
    his "Futures Trading Program" which he claims can turn hundreds of
    dollars into thousands within months or even weeks. It seems to consist
    of buying or selling futures at historical price extremes (assuming
    these are aberations that will correct themselves) or according to
    supposedly predictable seasonal fluctuations. You also use options to
    cover your a** in case things don't go as planned. He wants $195 for
    his book and three monthly bulletins. Does anyone know anything about
    Ken Roberts or British American? Does this sound like a profitable
    way to play the futures market? Couldn't a person do this on his own
    with a little research and access to historical commodities data?
    The big question I always have with this kind of thing is "if he 
    knows how to make so much money, why does he have to sell a program?".
    Any opinions?
From: McAldon International Inc. <mcaldon@igc.apc.org>
Newsgroups: misc.invest
Date: 01 Oct 92 20:26 PDT
Subject: Re: Effects of U.S. national debt (
Nf-ID: #R:21SEP199209041444@ariel.lerc.nas:-2032734113:cdp:1426500270:000:352
Nf-From: cdp.UUCP!mcaldon    Oct  1 20:26:00 1992


Many of the great fortunes in this country were founded on real estate 
and/or natural resources.  As these are exploited severely, of course,
things are changing.  But lots of those fortunes remain.  DMcKenzie

|    mcaldon@igc.org     | Opinions dispensed herein not guaranteed |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
From: naresh@apple.com (naresh gupta)
Subject: list of discount brokers
Organization: Taligent Inc.
Distribution: usa
Date: Wed, 30 Sep 1992 23:00:05 GMT

Could somebody mail me the list of good discount stock brokers. I saw it here
few months ago. Thank you.

Naresh@apple.com
Newsgroups: misc.invest
From: erlebach@fluke.icase.edu (Gordon Erlebacher)
Subject: safe money report
Organization: ICASE/NASA Langley
Date: Tue, 29 Sep 1992 22:41:48 GMT

Does anyone have any opinions on Irving Weiss, veteran of Wall Street and
creator of the Safe Money Report?

He advocates that the market will probably crash in the next year, following
the elections, and that one should sell all stock?  Does anyone believe this?
It is clear that stocks are overvalued, but will the market actually really
crash?  And how bad will it be?

     Gordon
From: davidt@ecst.csuchico.edu
Newsgroups: misc.invest
Subject: GMAT Review Program Needed
Date: 30 Sep 92 18:23:39 GMT
Distribution: na
Organization: California State University, Chico


Hi Everyone,

I know that this posting doesn't match the usual letters in this group, but
please read on.  I am a mechanical engineering student who will be 
graduating in December.  In an effort to keep my options open, I have
signed up to take the GMAT test.  The GMAT test is the test one takes to
get into a MBA program.

I have looked high and low through campus looking for a computerized review
program for the test.  I haven't found one yet.  My question is: do any
of our readers have a copy or access to one?                 

Thank you for the help.

David Taylor
From: bakken@cs.arizona.edu (Dave Bakken)
Newsgroups: misc.invest
Subject: Re:  Effects of the U.S. Debt
Date: 2 Oct 92 17:56:21 GMT
Organization: U of Arizona CS Dept, Tucson

In article <1992Oct2.052830.3539@cs.sfu.ca> mcdonald@cs.sfu.ca (Ken Mcdonald) writes:

>The problem of inherited wealth is particularly pernicious.  Consider
>a fortune of $100,000,000.  If invested prudently and carefully, the
>heir of such a fortune can live the life of the wealthy, and AT THE 
>SAME TIME, have their principal grow in REAL terms.  This is most
>emphatically NOT true for the average family.  Now, if all of these
>families with large fortunes all invest them prudently, and their
>real wealth keeps growing, we may have problem; because if their real
>wealth is growing faster than the country's real wealth is growing
>(and this is often the case, and has certainly been the case over
>the last decade), then that implies their wealth must be growing
>at the expense of other.

Um, you're making a very basic mistake here.  You assume (like
most liberals do; I'm not calling you one, though) that
there is a fixed amount of wealth.  This is fundamentally
not true.  Wealth can be created through hard work, luck,
technology, etc.  And it can be destroyed through catastrophies
like natural disasters and gross mismanagement.

So the conclusion that anyone who gets rich got rich at the
expense of someone else is not true, but it doesn't stop a
lot of demagogic politicians on the left from pandering to the poor
and underinformed with the rhetoric of Robin Hood.  Oh, well...

--
Dave Bakken                               Internet: bakken@cs.arizona.edu
Dept. of Computer Science; U of Arizona   Voice:    +1 602 621 4098      
Tucson, AZ 85721; USA                     FAX:      +1 602 621 4246
The fact that you're paranoid doesn't prove they're *not* out to get you.
Newsgroups: misc.invest
From: mccabe@gdls.CSCTMD.COM (Harold McCabe)
Subject: Re: Effects of the U.S. Debt
Summary: no
Organization: Computer Sciences Corp. @ General Dynamics
Date: Fri, 2 Oct 1992 16:32:14 GMT

In article <9210011732.AA02371@inet-gw-1.pa.dec.com>, GCTHORNE@idbsu.idbsu.edu ("Broward "The Stick in The Mud" Horne") writes:
> From: fischer@li.serum.kodak.com (Chris Fischer (x39613))
> Subject: Re: Effects of U.S. national debt
> Message-ID: <1992Oct1.113056.18468@clpd.kodak.com>
> Sender: news@clpd.kodak.com
> Nntp-Posting-Host: li
> Organization: Clinical Products Division, Eastman Kodak Company
> References: <9209302356.AA18495@inet-gw-1.pa.dec.com>
> Date: Thu, 1 Oct 1992 11:30:56 GMT
> Lines: 44
> 
>            Suppose 10 men, all making the same salary, all wanting to
>       buy a specific house.  They would each be willing to pay  X amount.

No. They would each be willing to pay differing amounts based on an endless
number of factors including:  how much they like the house, how long they
planned to live in it, how far it was from their in-laws, etc.

Is this your concept of economic equality?

Harold McCabe
Newsgroups: misc.invest
From: pearson_steven@tandem.com (Steven R. Pearson)
Subject: MISC.INVEST FAQ !!
Organization: Tandem Computers Inc.,  Cupertino, CA
Date: Sun, 4 Oct 1992 20:42:31 GMT


.. and the most frequently asked question is ... (drumroll) ...

(cymbal) WHERE'S THE FAQ?

ANSWER:  THERE IS NO OFFICIAL GROUP FAQ.  Three or four folks send
out occasional topical FAQs.  So far, nobody has come forward with an offer to
collect the Q's and A's, regularly post them, or provide an FTP site.  Volunteers
are still solicited.  You don't have to have all the answers yourself, since we'll
all gang up and critique your work anyway  :-)

-steve p.
The facts are facts, the opinions are mine, no warranty on either.
From: tchang@athena.cs.uga.edu
Newsgroups: misc.invest
Subject: FAQ about STOCKS TRADING ....
Date: 5 Oct 92 17:45:30 GMT
Article-I.D.: athena.1992Oct5.174530.7010
Distribution: usa
Organization: University of Georgia, Athens

Hi,

Just want to know will my broker send IRS information about my gain/loss
in stock tradings?

Thanks

Tony
Newsgroups: misc.invest
From: stlee@eos.ncsu.edu (STEVEN TUN-HOU LEE)
Subject: taxquestion
Originator: stlee@c00370-247dan.eos.ncsu.edu
Reply-To: stlee@eos.ncsu.edu (STEVEN TUN-HOU LEE)
Organization: North Carolina State University, Project Eos
Date: Tue, 6 Oct 1992 18:20:18 GMT


I have recently inherited some real estate in Taiwan. Being a 
U.S. citizen I will have to sell them within one year. 
I live in North Carolina and am wondering if I bring the 
procedes from the sale of the land into the states what kind of 
taxes will I be looking at? Am I even in the right newsgroup?
Any responses are welcome.
Newsgroups: misc.invest
From: Dmerrill@bnr.ca (Dana Merrill)
Subject: Re: Short selling - can someone explain it?
Followup-To: misc.invest
Organization: BNR
Distribution: usa
Date: Fri, 02 Oct 1992 14:26:33 GMT

In article <1992Oct1.213027.10060@cbnews.cb.att.com>, ask@cbnews.cb.att.com
(Arthur S. Kamlet) wrote:
> 
> In article <BD.92Oct1163717@fluent.UUCP> bd%fluent@dartmouth.EDU writes:
> >
.
> >
> >Exactly what is short selling?  I don't
.
.
> If you don't happen to own any, but sell it anyway, your broker will
> be happy to work out some financial arrangements, loans, etc, to let
> you do that.  The broker will want some form of collateral, like
> cash or other stocks in your account, but if you meet those
> requirements, he will sell stock for you that you didn't ever own.
> 
> That's called selling short.
> 
> One day you will close out that transaction - in effect,
> repurchasing that stock.   If you were right, and the stock really
> went down, you will pay less to buy it back than you received when
> you sold it.  So you might make money.  In the meantime, you have to
> pay interest on the money loaned to you, and if the stock paid

Wait a minute!  I borrow and then sell 100 shares of XYZ Corp @ $10/share.
Seems that I now have $1000 in my account (ignoring commisions of course)
and I owe someone (the brokerage "street name" stock pool?) 100 shares of
XYZ. Who do I owe interest, and in fact shouldn't I be receiving interest
on the $1000 now in my account?

I can imagine some answers here (all good for the brokerage bottom line)
but  instead of speculate I will wait for someone who knows to reply!
-Thanks


> a dividend you have to pay that dividend to whomever you sold it to,
> so there are expenses involved.  If you were wrong, and the stock
> went up instead, you will have to pay more to buy it back than you
> received when you sold it.  Too bad.
> 
> Art Kamlet  a_s_kamlet@att.com  AT&T Bell Laboratories, Columbus

==================================================================

Dana Merrill                                Bell Northern Research
DMerrill@BNR.CA                         Research Triangle Park, NC
==================================================================
Newsgroups: misc.invest
From: Brian.Chan@bbs.oit.unc.edu (Brian Chan)
Subject: stock trade with Employee's Stock Purchasing Plan
Organization: Extended Bulletin Board Service
Distribution: usa
Date: Wed, 30 Sep 1992 15:55:53 GMT


Hello,
 
I have a question regarding stock trade. Insteading of spending $20 for
a LD call to call my discount stock broker (Aufhauser) in the States, 
I would like to ask our fellow netters first on misc.invest.
 
I purchased X shares through my company's employee's stock purchasing
plan at a 15% discount. The last pay deduction comes at the end of 
November. Technically speaking I'd own X shares then. The trouble is
I cannot get the certificate until mid-January and I would like to sell
them before the end of the year to claim the capital gain.
 
Can I sell the stock without holding a certificate? (Say if I can get
some formal letter from my company indicating I do own X shares.) Can my 
broker do that?
 
I have a fairly sizeable equity in my stock account which will cover 
the proceeds from the "vapor" stock trade. (i.e. I am not going to take 
the money and run B-).)  
 
If I can short a stock by "borrowing", can I borrow and sell from my
own stock in advance?
 
Thank you very much for your kind assistance in advance,
 
Brian
Stuttgart, Germany.
 

--
   The opinions expressed are not necessarily those of the University of
     North Carolina at Chapel Hill, the Campus Office for Information
        Technology, or the Experimental Bulletin Board Service.
           internet:  bbs.oit.unc.edu or 152.2.22.80
Newsgroups: misc.invest
From: jeffh@pisces.sps.mot.com (Jeff Heilner)
Subject: Re: mini-crash in the wallstreet
Organization: SPS
Distribution: usa
Date: Tue, 6 Oct 1992 19:56:13 GMT

In article <federkin.718316798@guppie19> federkin@rtsg.mot.com (John  
Federkins) writes:
> rravi@cbnewsj.cb.att.com (ramesh.ravi) writes:
> 
> >Dow is down about 100 points at 11:15 AM. 
> 
> The DJIA closed today (Monday) at 3119, down 81 points.

Huh?  My paper said it close down less than 30 points...did I miss  
something???

--
---------------------------------------------------
Jeff Heilner
Motorola SPS - Tempe, AZ 
Email: jeffh@pisces.sps.mot.com (NeXT)
From: eric@npri6.npri.com (Eric Williams)
Newsgroups: misc.invest
Subject: HH vs. EE Bonds
Keywords: HH EE bond
Date: 29 Sep 92 16:44:49 GMT
Organization: NPRI, Alexandria VA

(Pardon this post if this has been discussed before.)
I was looking through a brochure about EE bonds, and it mentioned
being able to convert to HH after 6 months. Is there any benefit
to this? Any drawback? It seemed you could begin getting your full
6% right away without waiting for the incremental to catch up.
Do they retrovalue the bond if you sell it before maturity to make
it match the EE rates? (I don't intend to hold either type of bond
unless interest rates continue to be depressed.)

Thanks. Email copy of any follow-ups appreciated...

-------- eric@npri.com ---------- or ---------- ...uunet!uupsi!npri6!eric -----
              "Our virtues lie in the interpretation of the time."              
Eric C. Williams/ NPRI/ Alexandria, VA/ USA/ (703) 683-9090/ Usual disclaimers.
Newsgroups: misc.invest
From: rutkows@ccu.umanitoba.ca (Chris Rutkowski)
Subject: Re: ****** FTP Site/Decoding Financial Software *****
Organization: University of Manitoba, Winnipeg, Canada
Date: Tue, 6 Oct 1992 18:33:57 GMT

In <1ahmt8INN6at@usenet.INS.CWRU.Edu> ci483@cleveland.Freenet.Edu (Babu Narasimhan) writes:
>	A few days ago somebody posted a series of files on a
>financial software package. I am not familiar with the decoding
>scheme suggested and would like to know if anybody had any success
>in downloding and decoding the software. I feel that it would be

I couldn't get any of them to run, coded or uncoded.  Normally, a file
posted as .zip can be downloaded with a binary transfer and then run
immediately on a machine.  These didn't work.  I don't know why.
	
-- 
Chris Rutkowski - rutkows@ccu.umanitoba.ca
Royal Astronomical Society of Canada
University of Manitoba - Winnipeg, Canada
Newsgroups: misc.invest
From: dlb@sunloaf.dazixco.ingr.com (Dave Buehmann)
Subject: PC Market Analysis programs
Reply-To: dlb@sunloaf.dazixco.ingr.com
Organization: Dazix-Intergraph
Date: Fri, 2 Oct 1992 18:35:31 GMT

Sorry if this is a frequently asked question.  I haven't followed this
newsgroup recently.

What sorts of stock market analysis programs do you use on your PCs?
Has anyone ever compiled a feature summary for this group?

I'd greatly appreciate any posts or email.

thanks!


Dave Buehmann               Voice:    (303) 581-2318
Dazix - Intergraph          Fax:      (303) 581-9972
5101 Spine Road             Internet: dlb@sunloaf.dazixco.ingr.com
Boulder, CO  80301          UUCP:     ...uunet!ingr!dazixco!dlb



Newsgroups: misc.invest
From: rfrazier%peruvian.utah.edu@cs.utah.edu (Robert Frazier)
Subject: Re: Request for FAQ
Date: 1 Oct 92 16:59:40 MDT
Organization: University of Utah CS Dept
Distribution: USA

	I would like the FAQ too


	R. Todd Frazier
	rfrazier@peruvian.utah.edu
From: rbp@investor.pgh.pa.us (Bob Peirce #305)
Newsgroups: misc.invest
Subject: Re: Are we nearing another stock market crash?
Date: 1 Oct 92 17:16:01 GMT
Reply-To: rbp@investor.pgh.pa.us (Bob Peirce #305)
Distribution: na
Organization: Cookson, Peirce & Co., Pittsburgh, PA

In article <1992Sep28.234714.10324@pony.Ingres.COM> rion@Ingres.COM writes:
>It seems to me that there was a big concern about computerized trading
>back in the '87 crash and the steps were taken to prevent a similar
>situation from ever arising.  I don't know the specifics, but I was
>given the impression that there might be downturns, but never such
>huge one day losses ever again.  Any comments?
>
One of the Federal Reserve Banks (St. Louis?) did a study that concluded
the markets without adequate hedging capapbilities had worse declines
than those with.  The 1987 crash was world-wide, not just US.  Therefore,
it CAN happen again, although probably not in our lifetime.  There is an
old rule that such things can only occur on a generational basis because
the people alive and trading remember and act in ways that prevent it.
We had a crash in 1929, 1946, 1962, 1987, all about 20 years apart, give
or take.
-- 
Bob Peirce, Pittsburgh, PA         rbp@investor.pgh.pa.us         412-471-5320
venetia@investor.pgh.pa.us [NeXT Mail]  !uunet.uu.net!pitt!investor!rbp [UUCP]
From: brazil@edwards.WPI.EDU (Ricardo Behar)
Newsgroups: misc.invest
Subject: Club Med Stock
Date: 2 Oct 1992 21:01:02 GMT
Organization: Worcester Polytechnic Institute
Distribution: world
NNTP-Posting-Host: edwards.wpi.edu
Originator: brazil@edwards.WPI.EDU


Does anybody know what is happening to Club Med StocK?  I bought 150 shares at 
$22.75/share expecting it to go up since lowest in the past 52 weeks was $19.625
and highest was $32.5.  Right now the stock is at its lowest value, $19.625.  I am
starting my investing career, at the age of 21, a little frustrated.  If you have 
any suggestions as to what I should do, please post or email me.

Thank you,

Ricardo J. Behar
From: chen@digital.sps.mot.com (Jinfu Chen)
Newsgroups: misc.invest
Subject: Re: Are we nearing another stock market crash?
Date: 29 Sep 92 20:21:22 GMT
Article-I.D.: digital.5b76eade.1b2f0
Distribution: na
Organization: Motorola, LICD, SPS, Mesa, AZ

In article <BvCHzx.5wA@news.cso.uiuc.edu> acheng@ncsa.uiuc.edu (Albert Cheng) writes:
>The "fix" is banning computer driven trading if the market (DOW?) index
>drops more than 50 points that day since opening.  

Actually it also bans for the upward change so don't expect Dow Jones
industry index shooting up a couple hundred points a day.
Newsgroups: misc.invest
From: naresh@apple.com (naresh gupta)
Subject: Re: Request for FAQ
Organization: Taligent Inc.
Distribution: USA
Date: Fri, 2 Oct 1992 00:24:04 GMT

In article <1992Oct1.165940.26439@hellgate.utah.edu>, rfrazier%peruvian.utah.edu@cs.utah.edu (Robert Frazier) writes:
> 
> 	I would like the FAQ too
> 
> 
> 	R. Todd Frazier
> 	rfrazier@peruvian.utah.edu
> 
> 

another me too. 

Naresh Gupta
naresh@apple.com
,

,

Newsgroups: misc.invest
From: pao@wam.umd.edu (Nikos Strifas)
Subject: BOLSA CHICA
Keywords: common
Organization: Workstations at Maryland, University of Maryland, College Park
Distribution: usa
Date: Tue, 29 Sep 1992 01:17:13 GMT


Hi:

I always thought that the preferred would trade higher than the common. Any
suggestions for why it might trade at the same price as the common.

Example: BLSA=$0.25, BLSAP=$0.25 (BOLSA CHICA CO).

-Thanx,

Nikos Strifas
From: chedley@carthago.intel.com (CHEDLEY_AOURIRI)
Newsgroups: misc.invest
Subject: The cream of the garbage
Keywords: Short selling
Date: 2 Oct 92 01:35:26 GMT
Reply-To: chedley@carthago.intel.com (CHEDLEY_AOURIRI)
Organization: Intel-Corp,_Hillsboro,_Oregon

Recently, the publisher of a bearish newsletter screened out stocks 
with poor technicals and fundamentals, and came up with a list of stocks
that have
   -- an awful long-term trading chart
   -- a lousy short term trading pattern
   -- rapidly declining earnings or no earnings at all
   -- high debt/equity ratio
   -- poor relative strength
   -- weak industry group rating

I added in my own shorting criteria to screen them out and find 
the cream of the crop. Below is the list of stocks I found. 
In my opinion, the price of these stocks should go down 
substantially at the next stock market hick-up. 
All these stocks do not pay any dividends, do not generate 
any earnings, and all of them are in the red, except Rohr Inc 
whose P/E is at a lofty 139....

So, here's the "cream of the garbage": stocks that you may safely 
short sell. These are very good short candidates.
Short them at your own risk. 


Company       Symbol   Price     52 weeks trading range 

Cablevision    CVC     27         36 - 25
Data General   DGN     11         22 - 7 
Digital Eqpmt  DEC     39         65 - 33
Gitano Group   GIT      5         20 - 2
Molecular Bio  MB      22         40 - 20
PS Group       PSG     15         46 - 12
Rohr Inc       RHR     11         24 - 9

If you know of other good shorts, please post.

-- 
..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.
......................................................................