HDTenEightyP/NetNews huggingface dataset:
From: merrill@stein.u.washington.edu (Gregory Merrill)
Newsgroups: misc.invest
Subject: Re: S&P Research Reports
Date: 8 Jan 1993 03:22:32 GMT
Organization: University of Washington
NNTP-Posting-Host: stein.u.washington.edu

tjochem@d3.ius.cs.cmu.edu (Todd Jochem) writes:

>I just saw an ad in Barron's for research reports on any public company from
>Standard and Poor's. The cost for these 7 page reports is about $10. Has anyone 
>had any experience with these reports? Is the saved time worth the $10?

>--Todd

>tjochem@cs.cmu.edu      Pittsburgh, PA 15213

I have ordered 3 of the reports through Fidelity Investments, I believe they 
are the same report that S&P offers (on the top it states, Produced by S&P)
but its cheaper :) kinda odd.. But anyway, I buy them on stocks I have 
researched already, and want to find out what the 'street' thinks about, as
well as look at some info I have had a hard time finding, like industry
analysis and how this stock X compares.  Overall, I'd say its a decent buy
and if you don't have the time, I'd suggest it, but always call the company
and ask for the company report, its free, and goes into much more detail

Alas, I ramble, email me if you have questions...

merrill@stein.u.washington.edu

Newsgroups: misc.invest
From: biggs@fid.morgan.com (Laurent Morton)
Subject: Re: Holding on to gains/losses
Organization: Morgan Stanley & Co., New York, NY
Distribution: usa
Date: Fri, 8 Jan 1993 14:40:18 GMT

In article <1993Jan07.190823.18966@microsoft.com> peterhe@microsoft.com (Peter Henriksen) writes:
>In article <1993Jan6.152340.8004@porthos.cc.bellcore.com> keith@iscp.bellcore.com (Keith Hawkins) writes:
>>   For example, putting only $700 dollars in a given issue would require
>>   that the stock rise at least 10% before one reaches a break-even point
>>   Why?  With a miminum commission of $35, the turn-around cost is $70.
>
>Maybe I'm stupid, but I don't get it...  If you pay $35 in commission,
>don't you start making money as soon as your stock has risen $35 (or 5-6%)?
>
Yes, once the stock has risen 5% that covers the $35 commission.  But then when
the time comes to sell you will have to pay another $35 commission (aren't
those brokers the clever ones :-)).  Therefore the stock would have to rise
another 5% to cover the selling commission making a total of 10% or $70 before
you break even.

...Laurent.




-- 
Newsgroups: misc.invest
From: 20541@brahms.udel.edu (Maverick)
Subject: Series E US Savings Bond
Organization: University of Delaware
Distribution: na
Date: Mon, 4 Jan 1993 15:03:57 GMT

I have a few pretty easy questions: 

I have a Series E US Savings Bond ($1,000) issued Oct. 22, 1979.

How do I compute interest on this bond?

And will interest continue to accrue? What rate?

Thanks in advance...
John
From: shag@aero.org (Robert M. Unverzagt)
Newsgroups: misc.invest
Subject: Re: OutBack SteakHouse (OSSI)
Date: 12 Jan 1993 17:44:13 GMT
Organization: Organization?  You must be kidding.
NNTP-Posting-Host: aerospace.aero.org

In article <1993Jan12.162528.12882@mlb.semi.harris.com> gbrooksh@comanche.ess.harris.com writes:
> The three Outback Steakhouse restaurants that I know of (melbourne, FL,
> atlanta, and northern VA) are packed all of the time!  I understand that
> the institutions are already heavily invested in this stock.  Does this
> mean that it is too late to get in, or should that not be a concern?
> 
> Comments?
> 
The latest _Forbes_ has an article about "Danger in the Small Caps",
in particular, it mentions restaurant stocks as particularly dangerous --
high P/E, high price/book, etc.  I don't have it handy, but you could
check it out for OSSI.  The major thing against restuarants is the
"trendiness" factor -- today's hot restaurant isn't necessarily
tomorrow's.

Shag

-- 
       Rob Unverzagt        |   Last call for alcohol.
  shag@aerospace.aero.org   |   Last call for freedom of speech.
unverzagt@courier2.aero.org |                            - Jello Biafra
From: prichard@devon.larc.nasa.gov
Newsgroups: misc.invest
Subject: Re: Contrarian trading in stocks priced under a dollar
Date: 4 Jan 93 19:18:15
Organization: Lockheed Engineering & Sciences Co.
Distribution: usa
	<1992Dec31.231907.9366@cbnews.cb.att.com>
NNTP-Posting-Host: devon.larc.nasa.gov
In-reply-to: ask@cbnews.cb.att.com's message of Thu, 31 Dec 1992 23:19:07 GMT


 ask@cbnews.cb.att.com (Arthur S. Kamlet) writes:

   The idea of a conglomerate was to buy a whole bunch of unrelated
   businesses, and operate them under the corporate name. It didn't
   work for ITT  and it didn't work in spectacurlarly bad ways for LTV,
   nee Ling Tempco Voit, who manufactured steel and basketballs and was
   a major government contractor to boot.   They have sold off many
   divisions to generate cash.

minor correction.  the "V" is for Vought, of Chance Vought aircraft
fame.  maker of the A-7E aircraft etc.  not basketballs.  LTV used to
have the Nonpersonal Services Contract here at NASA Langley.  as
Lynch says, diworsification.


--
 ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 | Devon Prichard                                                       |
 | Lockheed Engineering & Sciences Co.   If youth knew; if age could.   |
 | prichard@devon.larc.nasa.gov                                         |
 ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Newsgroups: misc.invest
From: naz@mickey-csdl.jsc.nasa.gov (Nazareth Bedrossian)
Subject: Wealth Builder 
Followup-To: misc.invest
Organization: Draper Lab - Houston
Date: Sun, 10 Jan 1993 23:33:19 GMT

Can anyone comment on the merits/drawbacks of using "Wealth Builder"
software (by the folks of Money mag) for investment purposes.
From: jrb@jrb.larc.nasa.gov (James R. Burley II)
Newsgroups: misc.invest
Subject: Commodore Business Machines
Date: 12 Jan 1993 15:38:43 GMT
Organization: NASA Langley Research Center, Hampton, VA  USA
Distribution: world
NNTP-Posting-Host: jrb.larc.nasa.gov

Commodore (CBU-NYSE) is selling near it low as a result of a weak
quarterly earnings statement in sept '92. They have introduced new
products recently which are being well received in the marketplace.
Seems to me they are poised for a major comeback. Anyone have any
other inputs on this stock?

-- 
---------------------------------------------------------------------------
 James R. Burley II                         NASA Langley Research Center
 VOICE: 804-864-2008  FAX: 804-864-8294   MS 152E, Hampton, Va. 23665-5225     
---------------------------------------------------------------------------
Newsgroups: misc.invest
From: DUTT000 <DUTT@UNB.CA>
Subject: Can I invest without a broker?
Organization: The University of New Brunswick
Date: Fri, 8 Jan 1993 22:11:04 GMT

Can I invest without a broker? Is it possible to use my modem to
dial upstock echanges to do my own investing (especially in US and
Japan). I'vealso heard of online stock services that have rates of
only 4-5% of regular broker rates (like Schwab brokerage services)
unfortunately I can't access them from Canada. Are there any CHEAP
brokers that I can access from Canada or any stock exchanges that I
can dial up over modem? If anyone has any advice please send E-MAIL
to DUTT@UNB.CA , if I can't find asolution I just won't do ANY
investing (why bother with $70 US buy/sell transaction fees!).
Please HELP! Thanks
From: stern@herald.usask.ca (Bill Stern)
Newsgroups: misc.invest
Subject: Re: Redeeming Stock Certificate??
Date: 10 Jan 1993 04:56:43 GMT
Organization: University of Saskatchewan
NNTP-Posting-Host: herald.usask.ca
From: envrej@epb10.lbl.gov (Richard Jansky)
Newsgroups: misc.invest
Subject: Re: Mutual Funds???
Date: 12 Jan 93 22:34:14 GMT
Organization: lbl
NNTP-Posting-Host: 128.3.12.122


|> These are some other books that I recommend you look at.
|> 
|> 1. A book written by Keith Brouwer.  I have the book (along with Sheldon's,
|> btw).  I can't remember the title (the cover is yellow).   He provides a very
|> clear method for evaluating mutual funds and how to allocate your assets. He,
|> like Sheldon, is lacking when it comes to determining when it is better to
|> be in one type of fund over another (ie. market timing).  Keith was recently
|> featured in Kiplinger's (9/92 or 10/92?).  One nice thing about his book is
|> that if you have any questions, you can send him a letter and he will answer
|> it.
|> 

Are you talking about "Mutual Funds" by Kurt Brouwer?
If so, I just finished it rather eager to get some hints based on his promissing
undertitle "How to Invest with the Pros". I personally think it's good entertainment,
especially the interviews with the pros, but there are very few approaches as how
to do it.

The other books recommended are very useful.

|> 2. The 100 best mutual funds you can buy, by Williamson(?). I just got this
|> out of the library.  It has some good questions you should ask yourself before
|> investing in a mutual fund.  His 100 best funds may or may not be - but it may
|> be considered good reinforcement if he likes a fund you like.
|> 
|> 3. The AAII guide to no load mutual funds.
|> 
|> Also. just go to your library to see what they have on mutual fund investing.
|> Mine has both general stuff like above as well as the Morningstar rating book. 

Richard
-- 
.----------------------------------------------------------------------.
. Richard Jansky                            INTERNET  rejansky@lbl.gov .
. Lawrence Berkeley Laboratory              Phone     (510) 486-4081   .
. Energy Performance of Buildings Group     FAX       (510) 486-6658   .
. MS 90-3074                                                           .
. Berkeley, CA 94720                                                   .
.----------------------------------------------------------------------.
From: u5557908@ucsvc.ucs.unimelb.edu.au
Newsgroups: misc.invest
Subject: What are BONDS ?
Date: 6 Jan 93 15:08:29 +1100
Organization: The University of Melbourne

This may sound like a very basic question, but can someone explain to me the
difference between and bonds and common stocks. Are ther different kinds of
bonds?
    Thanks

R LI
Xref: sparky misc.invest:16000 misc.taxes:4003
From: GCTHORNE@idbsu.idbsu.edu ("Broward " The Big One " Horne")
Subject:      " The Great Reckoning " & " Toys "
Date: Mon, 11 Jan 93 17:53:16 MST
X-Received: by usenet.pa.dec.com; id AA29234; Mon, 11 Jan 93 16:57:28 -0800
X-Received: by inet-gw-1.pa.dec.com; id AA12695; Mon, 11 Jan 93 16:57:26 -0800
X-Received: from IDBSU.IDBSU.EDU by idbsu.idbsu.edu (IBM VM SMTP R1.2.2MX) with BSMTP id 6810; Mon, 11 Jan 93 17:59:26 MST
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 7333; Mon, 11 Jan 93 17:59:25 MST
X-To: misc.invest.usenet


      Well, what can I say?   I highly recommend  " The Great Reckoning "
  by Davidson & Rees-Mogg.  After reading it, I ran out to buy their 1987
  book, " Blood in the Streets ".

      They made some highly accurate predictions in the '87 book.

  Collapse of commercial real estate
  Meteoric rise in home equity loans
  Crash in Japan
  etc, etc.

      The Japanese are rumored to be dumping their U.S. AND Canadian real
  estate in whole-sale lots now.  They've got to be having some big cash
  flow problems by now.

      I'd be very surprised if we didn't see a reverse flow of government
  bonds from Tokyo soon.

      I'd recommend watching the movie " Toys " AFTER reading " The Great
  Reckoning ".   Fascinating correlations.  I'm well and truly convinced
  a deflationary era is at hand.  Economies of Scale.  " War without Nations ".
Newsgroups: misc.invest
From: david@ganglion.ann-arbor.mi.us (David Hwang)
Subject: SmartInvestor
Reply-To: david@ganglion.ann-arbor.mi.us
Organization: D.J. Services
Date: Sun, 10 Jan 1993 23:23:07 GMT


Has anyone been using Wealthbuilder/SmartInvestor to track
their stock/option/etc portfolios?  Any comments?  Are you
using their data downloading service?  Is there a catch?

Thanks,
David

-- 
David W. Hwang, M.D.           //    University of Michigan Medical School
1050 Wall Street, Suite 10C   //           Telephone: 313/663-5557
Ann Arbor, Michigan 48105    //    Internet: david@ganglion.ann-arbor.mi.us
Newsgroups: misc.invest
From: kendall@adobe.com (Janice Kendall)
Subject: For Sale: Managing Your Money 5.0
Organization: Adobe Systems Incorporated
Distribution: ba
Date: Mon, 11 Jan 1993 19:32:47 GMT


I have a copy of Mananging Your Money, with an unopened 5.0 upgrade,
plus newletters, etc., available for $50.  
   
 Janice Kendall    kendall@adobe.com    ...!{decwrl|sun}!adobe!kendall
  (415)962-2164

      Don't Panic!  Clinton will be our *42*nd President.
Xref: sparky misc.invest:16005 misc.taxes:4007
From: elliott@aero.org (Kenneth B. Elliott III)
Newsgroups: misc.invest,misc.taxes
Subject: Re: Savings Bonds vs. non-deductable IRAs (was: Need advice to lower taxes)
Date: 8 Jan 93 20:46:11 GMT
	<93006.172820MBADBH@rohvm1.rohmhaas.com> <C0I513.LuL@taligent.com>
	<1993Jan8.174550.3692@craycos.com>
Distribution: usa
Organization: The Aerospace Corporation, El Segundo, CA
NNTP-Posting-Host: solarium.aero.org
In-reply-to: jrbd@craycos.com's message of 8 Jan 93 17:45:50 GMT


[jrbd@craycos.com (James Davies)] writes:

>
>If you put money into a EE Savings Bond and leave it there for at least
>5 years, currently you're guaranteed at least a 6% average annual return,
>for up to 30 years.  The interest is tax-deferred until you cash in the
>bond, and it is also free from state taxes. SO, the point is, if you
>want to get a minimum-risk, tax-deferred investment savings bonds sound like
>a better alternative than a non-deductable IRA.
>
> [stuff deleted...]
>
>Con's:
>
> [stuff deleted...]
>
>	If you're more than 30 years from retirement you will have to
>	cash in earlier than you planned to avoid losing interest.  (EE
>	bonds stop paying interest after 30 years).
>

You can roll them over into HH bonds after 30 years; I think these
you don't buy at a discount (as you do EE bonds) but they pay a higher
rate of interest than EE (I can't recall what it's tied too; been a
while since I read the brochure).  Minimum buy is like $500 or $1000,
but if you don't have enough EE bonds to make it you can make up the
difference in cash (although I don't know how bad you can abuse this;
if you're rolling over a $50 EE and trying to buy a $1000 HH, I don't
know if they'd let you put up the $950 (or whatever) in cash).

KBEIII

--

Ken Elliott III                  The Aerospace Corp.
elliott@aero.org                 Suite 4400
(410) 312-1405                   8840 Stanford Rd.
                                 Columbia, MD  21045
From: mbk@lyapunov.ucsd.edu (Matt Kennel)
Newsgroups: misc.invest
Subject: US vs Foreign stock markets
Date: 11 Jan 1993 00:45:04 GMT
Organization: Institute For Nonlinear Science, UCSD
NNTP-Posting-Host: lyapunov.ucsd.edu
X-Newsreader: Tin 1.1 PL3


What are the net's thoughts in investing in USA vs. foreign stock markets.

Say you wish to pick a stock-market fund, of the growth type.

Has the US market already discounted the recovery?   Is it time to
move into Europe?  Or even Japan?  

Any recommendations for noload funds for these purposes.

--
-Matt Kennel  		mbk@inls1.ucsd.edu
-Institute for Nonlinear Science, University of California, San Diego
-*** AD: Archive for nonlinear dynamics papers & programs: FTP to
-***     lyapunov.ucsd.edu, username "anonymous".
From: schwartz@ces.cwru.edu (David G. Schwartz)
Newsgroups: misc.invest
Subject: What triggers a stop loss order?
Date: 6 Jan 93 15:59:40 GMT
Organization: COMPOSERS Logic Programming Group/CWRU
NNTP-Posting-Host: bach.ces.cwru.edu


What triggers a stop loss order, an actual trade at
or below the order price, or a bid-ask spread that
hits the price?

i.e. If I have an order to sell 100 shares of X at
     $25 stop loss, and the bid-ask on X is 24-3/4
     to 25-1/4, last trade 25-1/4;  should there be
     an attempt made to fill the order?  Or will
     an attempt be made only if a trade for X is
     made at $25 or less.


David
-- 
-------------------------------------------------------------------------------
David Schwartz - Case Western Reserve University - schwartz@alpha.ces.cwru.edu
Newsgroups: misc.invest
From: floydb@rpi.edu
Subject: Re: OK, what about THIS strategy? (correction to previous post)
Date: Fri, 8 Jan 1993 20:54:11 GMT

In article <q9!3+aa@rpi.edu> floydb@rpi.edu writes:
>In article <1ikgpnINNgvs@usenet.INS.CWRU.Edu> jxs18@po.CWRU.Edu (Jerry Sy) writes:
>>
>>In a previous article, mike@drseus.jsc.nasa.gov (Mike Ross) says:
>>
>>>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.
>>>
>>>Has anyone heard of or tried this method?
>>>
>>>NO, oddly enough, I don't remember anyone asking her if SHE used this
>>>scheme.  And NO, I'm not an expert investor, so if I just gave the
>>>equivalent of 'buy low, sell high', forgive me.
>>>
>>>-mike
>>>
>>>
>>from what I have read, P/E ratio itself means nothing.  A company's
>>stock price could be falling, hence reducing its P/E ratio, and
>>buying that stock can make you lose money, if the principal continues
>>to drop.
>>
>>
>
>
>P/E (Price/Earnings) ratios are supposedly valuable in judging the 
>investing population's expectations about the future performance of
>any given company. A low ratio may be obtained from either a low price
>or relatively high earnings, or both. Thus, investors who bid up the
>price of a stock are effectively 

increasing (not reducing)

>the P/E ratio until such time
>as earnings increase (which is their expectation).
>

oops...

barry

;-----------------------------------------------------------------------------;
;       Standard Disclaimer...                                                ;
;                                                                             ;
;       Rensselear Polytechnic Institute -- 110 8th Street -- Troy, NY 12180  ;
;-----------------------------------------------------------------------------;

lastline
From: McAldon International Inc. <mcaldon@igc.apc.org>
Newsgroups: misc.invest
Date: 08 Jan 93 20:50 PST
Subject: Re: ~~~~~~~ BRN RADIO IN SALT LAKE CITY
Nf-ID: #R:1993Jan7.213231.29626@fcom.cc.ut:-1559538560:cdp:1426500327:000:506
Nf-From: cdp.UUCP!mcaldon    Jan  8 20:50:00 1993


|What is wrong with Business Radio Network (1230 AM) in Salt Lake City?
|Is it going to come back?  Appreciate any info.
|JLi

Don't know about Salt Lake but the BRN station in LA turned into
a Korean station.
                           
|       DMcKenzie        |      "Time is the best teacher.      |    
|    mcaldon@igc.org     |    Unfortunately, it kills all its   |
|                        |    pupils."   Hector-Louis Berlioz   |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||

Newsgroups: misc.invest
From: etpeters@dal.mobil.com (E. T. Peterson(Eric))
Subject: Re: options brokers
Organization: Mobil Exploration & Producing Technical Center(MEPTEC), Dallas. 
Distribution: na
Date: Thu, 7 Jan 1993 17:30:12 GMT

In article <1993Jan7.161527.29049@cbnewsl.cb.att.com>, rkaren@cbnewsl.cb.att.com (robert.karen) writes:
|> 
|> Have there been any lists compiled of recommended options brokers on
|> misc.invest. My broker, although having reasonable commissions, 
|> has an annoying margin requirement of 50% of the stocks current value,
|> irregardless of whether a naked call or put was sold. Thus, even as the
|> option moves farther out of the money, the margin requirement rises. Is this
|> normal? Can someone recommend another broker? Please email and I'll post
|> a summary of responses if they are numerous. Thank you!
|> 
|> 
|> Robert
|> 

Sorry, but the 50% figure is an SEC requirement, and not your broker's choice.
Switching brokers won't help.
I agree its a ridiculous requirement for a far-out-of-the-money option.

*********************************************************************
Eric Peterson                  The sooner you fall behind,
Research Geophysicist          the more time you'll have to catch up!
(214) 951-3251
etpeters@.dal.mobil.com
*********************************************************************
Newsgroups: misc.invest
From: tan@aries.scs.uiuc.edu (Lian Tan)
Subject: Investing $200
Organization: University of Illinois at Urbana
Date: Fri, 8 Jan 1993 18:16:56 GMT

The last time somebody posted "investing $20" there were many ideas. Now
what if I have $200 that I'd like to invest and make a profit above and
beyond brokerage fees?

Newsgroups: misc.invest
From: ask@cbnews.cb.att.com (Arthur S. Kamlet)
Subject: Re: ?s on BONDS
Organization: AT&T Bell Laboratories,  Columbus, Ohio
Distribution: usa
Date: Fri, 8 Jan 1993 23:56:05 GMT
Keywords: BONDS

In article <C0Jzwy.DC2@hpuerca.atl.hp.com> kpm@hpuerca.atl.hp.com (Kaushik Mehta) writes:
>Yesterday, I received a list of Municipal Bonds offered in the State of GA
>(Georgia). One of the bond had a yield of 4.5% and I was not sure how it
>was calculated. Perhaps, somehow who is very familiar with BONDS can 
>enlighten me in this matter.
>
>RATING   PAR       ITEM      COUPON    MATURITY    YIELD   PRICE    CUSIP
>------   ---       ----      ------    --------    -----   -----    -----
>
>Aaa/AAA   40   Cobb Co W&S    9.5      07/01/1996   4.5    117.770   190828RU4
>
>
>Say if I bought a $10,000 BOND today. Its maturity is in 14 months (07/01/1996)
>The Coupon Rate is 9.5%, which I believe will be distributed quaterly.
>ie. $950.00 will be given every 3 months. So in 14 months it will be $13,300
>Say, if I donot sell my bond before the maturity date then at the time of
>redemption, I will be getting the PAR value of $40.00
>So I made $13,300 + $40 = $13,340
>
>For my $10,000 initial investment, I made $3,340 which gives me a yield 
>of 3.34 %
>
>Am I calculating this incorrectly or the listing is presenting an incorrect
>value ?

I think the correct way to look at what you will get is this:

You pay 10 x 117.77 = $11,777  (less commission -- I'll ignore that.)

You will get 9.5% interest which is $950 per year, paid in two
installments every 6 months.   Usually Jan 1 and July 1

If you let it mature in  July 1996 you will receive $10,000, for a
loss of principal (non deductible) of $1,777.   Approximately
1777/3.5years =~ $500/year

So (very approximately)  your interest of 950/year less
loss of capital of 500/year = 450 per year is what you get.

This all assumes we don't understand compounding.

450 per year on a 11,777 investment is 3.8% approximately.

I'd say it's a pretty bad deal.
-- 
Art Kamlet  a_s_kamlet@att.com  AT&T Bell Laboratories, Columbus
Newsgroups: misc.invest
From: keith@iscp.bellcore.com (Keith Hawkins)
Subject: Re: Initial share offering
Organization: Bellcore
Distribution: usa
Date: Thu, 7 Jan 93 15:20:42 GMT

In article <tan.726337214@aries>, tan@aries.scs.uiuc.edu (Lian Tan)
writes:
|> Does anybody out there know where I can get a list of companies that
|> are
|> offering to sell their shares for the first time?  Thanks in
|> advance.
|> 
|> L.T.
|> 

Investor's Business Daily has a section toward the back called
"Issues in Registration"  which lists upcoming equity and debt
offerings.  The equity section categorizes the stocks as IPO, common,
preferred, etc.  You would be interested in the IPO ones.

The list is a rolling window.  So you don't have to worry
about missing the one day a particular issue is listed in this
section.  It will be listed there for several days.

Hope this helps,
Keith
Newsgroups: misc.invest