HDTenEightyP/NetNews huggingface dataset:
From: acheng@ncsa.uiuc.edu (Albert Cheng)
Newsgroups: misc.invest
Subject: Re: When to buy Mutual funds - tax implications
Keywords: capital gains distributions.
Date: 30 Sep 92 18:24:03 GMT
Article-I.D.: news.BvELs3.LE1
Distribution: usa
Organization: Nat'l Ctr for Supercomp App (NCSA) @ University of Illinois
Originator: acheng@shalom.ncsa.uiuc.edu


In article <1aai04INNi04@early-bird.think.com>, barmar@think.com (Barry Margolin) writes:
>However, it's a double-edged sword, as you noted.  Just as you can get hit
>with a tax for gains you never really got, you can also avoid a tax by
>selling shares just before capital gains are distributed.

How come?  Say, in january, you bought 100 share at $1.00.  It has $.25
capital gain by December, so the share price is $1.25.  If you wait for
the capital gain distribution, you will get $.25 for 100 shares = $25.
If you sell before distribution, you got $125 from your original $100.
Still a $25 gain to pay tax on.
From: GCTHORNE@idbsu.idbsu.edu (Broward Horne)
Newsgroups: misc.invest
Subject: Re:  Concentration of wealth
Date: 7 Oct 92 01:42:45 GMT
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From: eder@hsvaic.boeing.com (Dani Eder)
Newsgroups: misc.invest
Subject: Re: Concentration of wealth
Date: 5 Oct 92 21:51:43 GMT
>The trend in the US in the 80's is far from clear.  The statistical
>abstract of the US provides data on total wealth and top wealth-
>holders:

          From "Field Guide to the U.S. Economy"  ( Center for Popular
     Economics, 1984 )

        i)   Percentage of total assets owned by top 100 firms in U.S.

                       1961 - 44%
                       1984 - 61%

         And remember, the 80's were merger mania.  The number would
      most likely be substantially higher now.  If you'll look closely
      you'll see that the downturn in our economy has produced EXACTLY
      the desired effects that a society, dominated by an inequity of
      wealth, would require.  Sears - wasting its debt-burdened
      divisions, downsizing and market share loss by major companies,
      disvestment of huge real-estate holdings, etc.

        ii)  Percentage of monetary assets owned by top 10 banks

                     1984 - 34%

          And at that time, the top 10 banks included Chase Manhattan,
      Manufacturers Hanover and Security Bank.  The percentage now
      is about 99% guaranteed to be substantially higher.

>As far as whether the government acts as a tool to concentrate
>wealth, there is a calculation I would like to see.  Government

           Federal tax rate during 1930's was around 4%.  Is there
     any doubt in your mind that the government now exerts substantially
     more control ( thus distorting free markets ) than 60 years ago?

           There's absolutely no doubt in *my* mind that the U.S.
     GDP growth for the past 4-5 years is due solely to the federal
     deficit.  I doubt any GDP growth can be maintained without a
     constantly escalating deficit now.

           What would really be amusing is if the Federal debt had
     actually been buffering an on-coming depression.  I can see it
     now -  " Saved by the Deficit! "
Newsgroups: misc.invest
From: cep@taligent.com (Christophe Pettus)
Subject: Re: Car Loan
Organization: Taligent, a little subsidiary of two really big companies.
Date: Mon, 28 Sep 1992 23:36:42 GMT

In article <BvB9nL.xu@inews.Intel.COM> alexw@cyclops.UUCP (Alex Witkowski) writes:
>Is it true that you are using it and investing it at the same time ?  My
>understanding is that when you borrow against the balance, that portion no 
>longer appreciates.   

This is true.  However, your repayments (including interest) are
reinvested as paid, so you are in effect dollar-cost averaging your
investment.

A 401(k) loan is a pretty nifty creature.  Consider what you might do
if you wanted to pay cash for a car: You'd take the cost of the car out
of some investment, and give it to the dealer.  Then, to rebuild your
investment, you'd make regular payments back into the investment
account, including perhaps a little bit extra to make up for the fact
that the prinicipal is not earning as much as it used to.

This is, in fact, exactly what a 401(k) loan is, since the interest is
repaid into the account rather than just evaporating.

Now, it may make sense to take out a regular car loan if your 401(k) is
appreciating faster than the interest in a regular car loan of the same
size, but that's risky, since any 401(k) that's going up fast can come
down just as fast
--
-- Christophe

"Black is the color of non-conformity.  Everyone has to have it."
	T-shirt company executive
From: chedley@carthago.intel.com (CHEDLEY_AOURIRI)
Newsgroups: misc.invest
Subject: Re: Short selling - can someone explain it?
Date: 5 Oct 92 18:21:49 GMT
Reply-To: chedley@carthago.intel.com (CHEDLEY_AOURIRI)
Distribution: usa
Organization: Intel-Corp,_Hillsboro,_Oregon

In article <Dmerrill-021092101847@47.140.3.192>, Dmerrill@bnr.ca (Dana Merrill) writes:
|> ...[about short selling]... 
|> 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?
|> 

YES, you have $1000 (minus commisions) credited in your account.

NO, you do'nt earn interest on those $1000, the broker does. 
    Unless you are a big fish with an account worth $1-Million +, 
    then you may be able to negotiate with the broker and split 
    the interest on the short sale proceeds.

YES, you owe the broker 100 shares of XYZ stock.

NO, you can't cash out those $1000 until you close the short position,
    and return to the broker the 100 shares of XYZ.

YES, the broker requires a "collateral" of at least $500 (in cash, or 
     marketable securities such as stocks or bonds) in your account
     before you can borrow the 100 shares of XYZ and sell them short.

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

Newsgroups: misc.invest
From: bill@dewey.edsci.wisc.edu (Bill Roth)
Subject: Motorola?
Reply-To: bill@dewey.edsci.wisc.edu
Organization: Physical Sciences Lab, UW-Madison
Date: Thu, 1 Oct 92 18:57:00 GMT



What do people think about the long term financial prospects of  
Motorola?

br
From: v070q285@ubvmsd.cc.buffalo.edu (Jacob L Goldman)
Newsgroups: misc.invest
Subject: Zenith Electronics (ZE)
Date: 6 Oct 92 16:27:00 GMT
Organization: University at Buffalo
News-Software: VAX/VMS VNEWS 1.41


Could someone tell me why Zenith is trading so low.  Is it in financial
difficulties?  I always though it was a strong American contender in the
TV market.  Would any one recommend investing in Zenith now at its low?  
Please post or mail replies.


Thank You,

Jacob
From: myllynen@klaava.Helsinki.FI (Olli-Pekka Myllynen)
Newsgroups: misc.invest
Subject: Formula for prediction?
Date: 6 Oct 92 10:26:36 GMT
Organization: University of Helsinki

I have seen some software, which can give you predictions of development of a
stock based on some ( unknown to me) figures of previous days.
I have to admit I got interested.

Does any of you know any book considering this subject?

Or the better, can anyone give me the formula which is commonly used to predict
stock behaviour in ( near) future - with some short explanation of the formula?

Thank you
Olli-Pekka Myllynen
myllynen@cc.helsinki.fi
Newsgroups: misc.invest
From: ff76@vaxb.acs.unt.edu
Subject: Tax free bond funds: Are capital gains tax free as well?
Organization: University of North Texas
Date: Tue, 6 Oct 1992 22:40:20 GMT

If I buy shares of a tax free (municipal) bond fund, am I liable for taxes on
the capital gains (appreciation of net asset value), while the income
distribution is free of tax?  Or, are both capital gains and income
distributions tax free?

Thanks, in advance, for your for your response.

- Jhinuk -

Jhinuk Chowdhury

FF76@VAXB.ACS.UNT.EDU
University of North Texas
From: dbk@pslu1.psl.wisc.edu (Don Katz)
Newsgroups: misc.invest
Subject: Re: Brokerage stocks?
Date: 1 Oct 92 14:25:29 GMT
Organization: Physical Sciences Lab, University of Wisconsin

In article <1426500269@igc.apc.org> McAldon International Inc. <mcaldon@igc.apc.org> writes:
>
>Can someone explain why brokerage stocks are doing so poorly?  For
>example, Paine-Webber has a PE of 4, yields 2.7%, and is rated by
>IBD in the middle 90s for EPS.  And others, discount, semi-discount, 
>and full service aren't doing much better.  Seems like a case of
>old-fashioned values going begging.  DMcKenzie

Brokerage stocks are cyclical. Because of the 1991 bull run there are
a lot of public offerings bringing in revenues. In addition, low
interest rates cause investors to move money into stocks and bonds
from money market funds, CD's, and banks. So the stocks are now at the
peak of their cyclical earning cycle. When interest rates rise again,
and/or the market declines substantially, their earnings will go down.


-- 
-----------------------------------------------------------------------------
Don Katz                                .         Physical
                                       .- / \ -.      Sciences
University of Wisconsin - Madison   ./'  /+-+\  `\.       Laboratory   E-MAIL
Newsgroups: misc.invest
From: acheng@ncsa.uiuc.edu (Albert Cheng)
Subject: Re: New Treasury Bill Auction system
Originator: acheng@shalom.ncsa.uiuc.edu
Organization: Nat'l Ctr for Supercomp App (NCSA) @ University of Illinois
Date: Mon, 28 Sep 1992 20:34:12 GMT


In article <28SEP199211421627@mars.lerc.nasa.gov>, ioguo@mars.lerc.nasa.gov (OA Guo) writes:
>	Suppose in a T-bill's auction government wanted to raise $100 millions
>	of 1 year note with 3.75% interest, received the following bids.
>
>	Firm A:	3.5%	$40 millions
>	Firm B: 3.75%	$40 millions
>	Firm C: 4.0%	$50 millions
>	Firm D: 4.25%	$30 millions
>
>	For the cueent system, Firm A gets $40M notes in 3.5% interest, 
>	Firm B gets $40M notes in 3.75% interest, Firm C gets 
>	remaining $20M notes for 4.0%, and Firm D gets nothing.
>
>	The new system prposed, will have same distribution to these firms,
>	however, every get 4.0% notes.

Looks like the government pays more (+0.5% on $40M, +0.25% on $40M)
on the new system.  Why?

>
>	The real difference is on the strategy of bidding, since there is no
>	penality on underbidding (on the interest) in the new system, you
>	can go ahead and bid 0% and still get whatever the best rate in
>	the final bids.  

What if I gang up with another firm say, ABC.  I bid $100 million at 3%
(lower than everyone) and ABC bids 5% 50 million.  I got all $100
million at 5%, split, uh, sell, $50 million to ABC.  Next time I switch
roles with ABC.   So, we have jackup the interest rates and monopolized
the market.  Or is this illegal?  Did Solomon Brothers try this?
From: Bill.Koppelmann@p0.f809.n104.z1.fidonet.org (Bill Koppelmann)
Newsgroups: misc.handicap
Subject: free braille-grams
Date: 3 Oct 92 03:07:17 GMT
Reply-To: Bill.Koppelmann@p0.f809.n104.z1.fidonet.org
Organization: FidoNet node 1:104/809.0 - Fantasy Mountain, Golden CO
X-Fidonet: Blink Talk Conference
Originator: wtm@sheldev.shel.isc-br.com

Index Number: 24606

[This is from the Blink Talk Conference]

I wonder if any of you are aware of something I just learned
yesterday.  I just found out that if you wish to send a braille
telegram to someone that you can do so now for free.  Just call
Western Union's toll free number which is 800 325-6000 and check it
out.  As is becoming more and more true these days, you'll need a
touchtone phone.

                        Bolder Bill
                      going to the dogs

... IF I WANTED WINDOWS, I'D LIVE IN A GREENHOUSE

--
Uucp: ..!uunet!bunker!hcap!hnews!104!809.0!Bill.Koppelmann
Internet: Bill.Koppelmann@p0.f809.n104.z1.fidonet.org
From: jhs@druhi.ATT.COM (Jeffrey Shore)
Newsgroups: misc.handicap
Subject: Another Hand Control Question
Keywords: hand controls, automobile, manual transmission, clutch, MS
Date: 6 Oct 92 20:53:24 GMT
Reply-To: jhs@druhi.ATT.COM (Jeffrey Shore)
Organization: Olivetti AFD
X-Fidonet: Spinal Injury Conference
Originator: wtm@sheldev.shel.isc-br.com

Index Number: 24629

in article <24545@handicap.news>, dnmiller@magnus.acs.ohio-state.edu
(David Neal Miller) says:
>
> Index Number: 24545
>
> My wife would welcome any suggestions for automobile hand controls.
>
> She's currently using a sturdy but clunky twist-to-accellerate,
> push-to-brake hand control by Wells-Engberg which has served her
> well over the years. It's rugged and uncomplicated, both positives.
> ...
> Has anyone a hand control which he or she would especially
> recommend? or a brand to avoid?  ...

A follow-up to that for related advice needed:

I currently have a Bronco II with manual shift and clutch. My
difficulty is that my left leg (the clutch foot) is getting weaker,
fatigues very easily, and I have a hard time controlling
lateral/rotational movement of my foot notwithstanding the leg
brace I wear for "drop foot syndrome" (all a result of MS). It
continues to get worse and I have almost nailed other vehicles or
pedestrians when my foot slips off the clutch.

These days, when I come to a stop for more than 15 sec., I shift to
neutral to preclude accidents and to let my leg rest a bit. Friends
and medicos alike have said I should get a vehicle with automatic.
Reasonable but not practical. My Bronco is paid off and I just
bought a house with a monster monthly payment so I really can't
afford to buy something else right now. Since I have a
chronic-progressive form of MS, it ain't likely that it'll will get
better in this lifetime.

I thought that I could get a single hand control just for the
clutch that could be mounted on the gear shift, perhaps a
servo-controlled clutch, but have been told that no one makes one
(!?!).  I've also wondered about a straight mechanical linkage I
could use my left hand with, but (a) I haven't been clever enough
to figure one out, and (b) my hand and arm are weaker now as well
so that might only be an interim solution anyway.

Suggestions? E-mail or a posting would be swell (others might be
interested, too). I'll post any pertinent e-mail I get. And I'll
pass on any good advice to my support group and 2 MS centers in
this area (Denver).

Thanx group(s).

Jeff Shore
From: rrandolp@magnus.acs.ohio-state.edu (Rich Randolph)
Newsgroups: misc.handicap
Subject: Software/Hardware for the Blind
Date: 6 Oct 92 20:19:48 GMT
Reply-To: rrandolp@magnus.acs.ohio-state.edu (Rich Randolph)
Organization: Olivetti AFD
X-Fidonet: Blink Talk Conference
Originator: wtm@sheldev.shel.isc-br.com

Index Number: 24619

I need help in locating software and hardware that could be useful
to a computer programmer with rapidly failing sight. This person hopes
to remain productive. Surely there are products out there to do just
that, but I have no idea where to look. Any recommendations or
suggestions would be greatly appreciated.

Thanks in advance!!!
From: galaxy.nsc.com!pad@voder.pa.dec.com (Paul Denny)
Newsgroups: misc.handicap
Subject: sign language
Keywords: in England
Date: 29 Sep 92 02:44:01 GMT
Reply-To: galaxy.nsc.com!pad@voder.pa.dec.com (Paul Denny)
Organization: National Semiconductor, Santa Clara
X-Fidonet: Silent Talk Conference
Originator: wtm@sheldev.shel.isc-br.com

Index Number: 24546

Does anyone know what sign language is used
in England? My wife is taking a course in
the US which says that Europe uses a version
which spells out words with letters but from
what we saw on tv when we lived there this
didn't seem to be the case.

Many thanks in advance

 - paul

PS please email I will summarise if anyone
asks me to.
From: William.Wilson@p0.f89.n129.z1.fidonet.org (William Wilson)
Newsgroups: misc.handicap
Subject: Re: what is a team player
Date: 3 Oct 92 03:05:43 GMT
Reply-To: William.Wilson@p0.f89.n129.z1.fidonet.org
Organization: FidoNet node 1:129/89.0 - BlinkLink, Pittsburgh PA
X-Fidonet: Blink Talk Conference
Originator: wtm@sheldev.shel.isc-br.com

Index Number: 24593

[This is from the Blink Talk Conference]

 DC> Well put.  I think the people Kenneth Jernigan really has
 DC> control over are those who hate him so much.

Doug,
    Oh no...you're not going to get away that easy! <grin>

     I'm just curious as to what prompted you to say this?  That is, I
have had the feeling for a long time now that those members of the NFB
that show blatant adoration of the director are those who, for reasons I
can only guess at, are most at odds with a primarily sighted world!  I
am in no way trying to be offensive to anyone here, but in the past, the
same people who supported NFB policy to the end, seemingly to ignore any
argument to the contrary, showed in their messages, at least in the mind
of this layman psychologist, alot of resentment towards sighted people!
Don't get me wrong, for in fact, I too exhibit a little resentment on
occasion, as I'm sure many of my sighted friends would tell you, but for
some reason, I have just found the most avid Dr. J supporters in this
echo to also be some of the more vocal expressors of disgust with the
sighted world in general.

     Ironically, most of the people I'm thinking about as I type this
have departed for calmer waters, and in my humble opinion, the
discussion of the NFB has never been conducted on such an intellectual
level for the most part before.  Frankly though, although it has been
suggested that there was nothing but foundless bashing going on in the
past, it most definitely wasn't the one way street one may have been
lead to believe!  True, the flames hurled at the NFB were at times
nothing but brainless attacks, but likewise, the people I saw defending
NFB policy, and Mr. Jernigan for that matter, seemed to show more
bitterness towards a world of mainly sighted people than anything else!

     I just can't believe that it is mere coincidence that those avid
NFB members still in attendance here, or even those who have joined us
recently, don't show the Jernigan adoration syndrome we've witnessed in
the past!  I think idolatry is a very dangerous thing, as it most
definitely disables free thought and looking at things from another
perspective.  Obviously, not all NFB members fall under the Jernigan
mystique, and from what I see now, it appears as if those with important
positions within the organization by and large don't fall under the
spell, but denying that it exists, or attributing it to those who
actually hate Dr. J just doesn't seem to be the case to me!
                                        Willie

... BlinkTalk - Voice of the disorganized blind@

--
Uucp: ..!uunet!bunker!hcap!hnews!129!89.0!William.Wilson
Internet: William.Wilson@p0.f89.n129.z1.fidonet.org
From: Linda.Cummings@f22.n375.z1.fidonet.org (Linda Cummings)
Newsgroups: misc.handicap
Subject: Re: PAIN
Date: 6 Oct 92 21:04:10 GMT
Reply-To: Linda.Cummings@f22.n375.z1.fidonet.org
Organization: FidoNet node 1:375/22 - Ken's BBS, Montgomery AL
Originator: wtm@sheldev.shel.isc-br.com

Index Number: 24670

[This is from the Chronic Pain Conference]

In a message to Cindy Barnes:

 >As for more surgery, it was ruled out because they felt that part of the
 >pain was coming from the scar tissue that was already there and more
 >surgery would mean more scar tissue.

That sure sounds familiar to me...same here.  During the second surgery
(after the re-rupture), the doc tried to get out as much scar tissue as he
could, though.  But, I came out of that one worse off than when I went in.
I guess I'm just one of those people [sigh].

 >All in all, I'd say keep swimming, be very careful with the bowling (I
 >haven't even thought of trying that, but I'm going to try x-country skiing
 >this winter, Dr. said OK), and LIFT CORRECTLY!!!!!!!!!  I can't stress that
 >one enough.

I'm going to be able to keep an eye on her...Eddie's going to be bowling
with them this season and I'm taking pillows to get myself comfortable and
I'll surely yell at her if I think she's overdoing it with a heavier bowling
ball than she should be using, or if she's starting to throw the ball wrong.
I'll be a great "backseat bowler!"  }:-)

Linda

--
Uucp: ..!uunet!bunker!hcap!hnews!375!22!Linda.Cummings
Internet: Linda.Cummings@f22.n375.z1.fidonet.org
From: Greg.Pike@f49.n272.z1.fidonet.org (Greg Pike)
Newsgroups: misc.handicap
Subject: Screen Reader/2 pricing
Date: 3 Oct 92 03:06:21 GMT
Reply-To: Greg.Pike@f49.n272.z1.fidonet.org
Organization: FidoNet node 1:272/49 - Calliope's Den, Garrison NY
X-Fidonet: Blink Talk Conference
Originator: wtm@sheldev.shel.isc-br.com

Index Number: 24598

[This is from the Blink Talk Conference]

David,

According to an IBM order center, Screen Reader/2 will cost $600
for the software only.  The keypad will cost an extra $100, and
there's some question as to whether that includes the keypad cable
or not.  I expect that it doesn't, which would explain the total
price I've heard of $723 or $733.  The order center will take
orders now, even though the software won't ship until next month.
I can't tell you what to do, but I know what I'd do if it were my
money.  Unfortunately, I can't tell you that either, but I'll bet
you can guess!  <grin>

/Greg

--
Uucp: ..!uunet!bunker!hcap!hnews!272!49!Greg.Pike
Internet: Greg.Pike@f49.n272.z1.fidonet.org
From: gately@pilot.njin.net (Brian Gately)
Newsgroups: misc.handicap
Subject: steriod withdrawl
Date: 29 Sep 92 12:55:57 GMT
Reply-To: gately@pilot.njin.net (Brian Gately)
Organization: Rutgers Univ., New Brunswick, N.J.
Originator: wtm@sheldev.shel.isc-br.com

Index Number: 24555

My wife has been taking steriods for 10 years as a treatment for
Crohn's Disease.  Her condition has improved to the point that
her doctor has recommended withdrawing from steriods.

It hasn't been easy and we're interested in hearing from anyone
who has dealt with this before.  Right now, she takes 8 mg. per
day and it's been difficult to go any lower.

Her endocrinologist has recommended 20 minutes of exercise a day
as an initial goal to help her regain her strength and my wife finds
that very challenging.

We'd appreciate hearing from anyone who has gone through this before
and perhaps has some tips as to how to best manage this change.

Thanks in advance,

Brian
From: peter@eml3.wrc.xerox.com (Peter Torpey)
Newsgroups: misc.handicap
Subject: Opticon II Quesitons
Date: 6 Oct 92 20:21:34 GMT
Reply-To: peter@eml3.wrc.xerox.com (Peter Torpey)
Organization: Xerox
X-Fidonet: Blink Talk Conference
Originator: wtm@sheldev.shel.isc-br.com

Index Number: 24621

I am a blind physicist and thinking about purchasing an Opticon II
+ Opticon PC software to assist me at work.  Has anyone
had any experience using the Opticon for technical/scientific work?  Would it,
for example, help me fill in equations where my Kurwiel reader
will only do text?  How about graphs, tables, PC manuals, etc.?

If you send your phone number, I would like to talk
with any user in person about using/learning the
Opticon.

Thanks in advance.

Pete Torpey
XEROX CORP.
Rochester, N.Y.
716-422-0470

--

peter@eml3.wrc.xerox.com