HDTenEightyP/NetNews huggingface dataset:
From: berger@atropa (Mike Berger)
Subject: Re: vending machines
Organization: University of Illinois at Urbana
Date: Fri, 24 Jul 1992 19:09:49 GMT

lynch@ils.nwu.edu (Richard Lynch) writes:
>In article <1992Jul17.195024.14876@ms.uky.edu> uk09365@nx16.mik.uky.edu (robert i kesten) writes:
>>working on a 28-unit property near campus.  If the deal goes
>>his way he is considering the installation of some vending
>>machines in the complex lobby to boost revenues.  Coin-op
>>laundy facilities are already installed; but he'd like to
>>add candy, soda, and cigarette machines plus maybe a pay
>>phone.

>I don't know about the lobby of an apartment building, but I'm relatively
>certain that in bars and such-like it is very easy to get a third-party to
>install, maintain, service, fill, etc machines like this for half the dough.
>As I understand it, you don't have to put anything up front or do anything.

>Since all your dad will have to do is call them when it's broken, this will be
>a good deal.  Even if it's a minimal amount of cash, it's still pretty easy
>money.
*----
In general, operators won't stock a location like a small laundry
or vending room in an apartment complex.  They'll probably want
to sell or lease the machines.  Around here, the soda bottlers
will rent a pop machine for just a few dollars a week - but you
have to buy 5 cases of pop in that time.  Considering the
vandalism potential and maintenance problems, this isn't a good
bet for a small operator.
--
	Mike Berger
	Department of Statistics, University of Illinois
	AT&TNET     217-244-6067
	Internet    berger@atropa.stat.uiuc.edu
From: ben@bailey.UUCP (Ben Bailey)
Subject: ira investing in mortgages
Newsgroups: misc.invest.real-estate
Date: 21 Jul 92 02:12:41 GMT
Distribution: world
Organization: Ben Bailey's Home..Tampa Fl.

Anyone out there found any good firms that will let you invest your
ira in self directed mortgages?  If so, what are their rates, cost,
etc.

Thanks,

Ben
--
Ben Bailey                 ben@bailey.uucp -- bailey!ben@uunet.uu.net
12210 Shady Forest Dr.     ben@bailey.tscs.com
Riverview, Fl. 33569       -- A programmer without his computer is like a 
813-677-5021                  boy without his dog.
Xref: sparky misc.invest.real-estate:314 talk.politics.misc:36103 ca.politics:6034
From: asylvain@felix.filenet.com (The Chipmunk)
Newsgroups: misc.invest.real-estate,talk.politics.misc,ca.politics
Subject: Re: Real Estate News Summary, Part 108
Date: 25 Jul 92 01:27:54 GMT
Reply-To: asylvain@fritz.filenet.com (The Chipmunk)
Followup-To: talk.politics.misc
Distribution: usa
Organization: Foundation for the Increased Wealth of Chipmunks

Written in article <1992Jul23.002508.6386@adobe.com>
 by hamachi@adobe.com (Gordon Hamachi):

: The Bush administration and many in Congress want to tighten controls on
: Fannie Mae and Freddie Mac.  The reason:  The billions in mortgage
: securities the 2 companies have issued represent a potential liability to
: the U.S. taxpayer of more than $800 billion.  But the profits from the 2
: companies go to private investors.  The volume of mortgage-backed
: securities has grown explosively, from $100 billion a decade ago to $1
: trillion today. [Wall Street Journal]

Sounds like we're waiting for another S&L crisis to hit!

Thinking about it, this IS a rather interesting situation ... the risk
is burdened by the US taxpayer, but the profits go to private investors.
Wouldn't it be more "fair" to either let the private investors shoulder
the risk, or take some of that profit as a means of reducing the budget
deficit, and/or reducing taxes?

I'm sure somebody can explain to me why I'm full of it.

-- 
The Chipmunk.
Opinions are mine, batteries not included, void where prohibited.
If two men agree on everything, you may be sure that one of them is
doing the thinking.  -- Lyndon Baines Johnson
From: aa536@cleveland.Freenet.Edu (Alayne M. Whaley)
Subject: Dow Jones Investment Strategy
Reply-To: aa536@cleveland.Freenet.Edu (Alayne M. Whaley)
Organization: Case Western Reserve University, Cleveland, OH (USA)
Date: Thu, 30 Jul 92 15:44:00 GMT


A while back, I read a tidbit of information about an investment 
strategy that involved the stocks on the DJIA...

I believe I read a Jane Bryant Quinn article and there is a book 
out that outlines the strategy.  Seems you pick the 5 lowest 
stocks (just price wise or taking other things into consideration, 
I dunno.) and buy into them.  And then every so often (every year or
two?) reevaluating the stocks and buying those instead.  

Any information about the book or strategy would be greatly appreciated.

Thanks!
-- 
Alayne M. Whaley            ! "She's always lived for tomorrow. She's never 
aa536@cleveland.freenet.edu ! learned how to live for today. She's dying to 
ae919@yfn.ysu.edu           ! try something foolish. Something for herself for
----------------------------- a change"-Is There Life Out There-Reba McEntire
Newsgroups: misc.invest
From: lib@cbnews.cb.att.com (Lib)
Subject: Re: Morningstar HELP!
Organization: AT&T
Date: Thu, 30 Jul 1992 14:40:33 GMT

In article <1992Jul29.205629.5592@panix.com> eck@panix.com (Mark Eckenwiler) writes:
>In <5243@transfer.stratus.com>, halpin@sw.stratus.com sez:
>>	Which way does the scale go? Is a '1' better than a '5' rating? Or
>>the other way arround?
>
>While I don't know anything about these ratings, the fact that
>Steadman Oceanographic gets a 1 is a pretty good indicator that 5 is
>more desirable.
>
>      I am George Bush, miwwionaire.  I own a mansion and a yacht.

Well I obviously have a bad attitude this morning 'cuz it seemed to  me
all those people  asking which was better are just lazy. Since Magellan
has a 5 and the Berger funds 4's that might tell ya.
   
P.S. About Bush, in an hour I'm off for Kennebunk beach. I'll wave
to him for everybody. (Actually he left yesterday to campaign I guess.)

Newsgroups: misc.invest
From: okuyama@pioneer.arc.nasa.gov (Darin Okuyama YR)
Subject: McClellan Oscilator
Keywords: McClellan Oscilator
Organization: NASA Ames Res. Ctr. Mtn Vw CA 94035
Date: Fri, 31 Jul 92 15:58:54 GMT

The McClellan Oscilator was over 80 on Thursday.  Some people
use 80 as a sell signal, others use 100.  Some questions:

  1. What is the highest it's ever been?

  2. What happens when the Oscilator goes very high?

  3. How is the Summation Index doing?  Where do we
     need to get to, to signal continued upside move-
     ment?

  4. How long can we remain above 80 before the
     market gets tired?  How long could we remain
     above 100?

Darin Okuyama
From: manoj@i88.isc.com (Manoj Dalmia (STG))
Newsgroups: misc.invest
Subject: Symbol Technologies (SBL)
Summary: anybody know why it's down ?
Date: 31 Jul 92 14:13:32 GMT
Followup-To: misc.invest
Distribution: usa
Organization: INTERACTIVE Systems Corporation, Naperville, IL


Anybody follow Symbol Technologies, Inc (SBL on NYSE) ?
I noticed the other day that it was down around the $14/- range.
About a month or so ago, it was around $20/- !

Anyone know why it's going down ?


Manoj
Newsgroups: misc.invest
From: scott@truevision.com (Scott Stevens)
Subject: Re: Charles J. Givens
Organization: Truevision Inc., Indianapolis, IN
Date: Mon, 27 Jul 1992 14:08:10 GMT

In <BrwKoJ.M46@oryx.com> xcpslf@decsrv.NoSubdomain.NoDomain (stephen l favor) writes:

> Many of my friends carry $1000 deductables if they've put
> any thought into it.  If you don't have a lien against the
> car, this is probably the best choice.

Why do you qualify this with "if you don't have a lien against
the car"?  How would that change things?


-- 
Scott Stevens (scott@truevision.com)  | The views expressed are my own,
Truevision Inc., Indianapolis, IN     | not Truevision's.
------------------------------------------------------------------------------
Newsgroups: misc.invest,sci.econ
From: jwales@copper.ucs.indiana.edu (jimmy donal wales)
Subject: Re: Should we limit the shorts life time.
Organization: Indiana University
Date: Sun, 26 Jul 1992 23:58:35 GMT


Babak Sehari seems to be seriously confused about the nature of
price movements in the stock market.  Further, he is using a rather
vague measure of the 'good' or 'bad' involved with short selling.

Suffice to say: it is relatively easy to see that _any_ restriction
on the flow of information to market (i.e. short sale restrictions) 
will involve some very serious consequences (costs) for market efficiency
relative to some information set.

It always amazes me that while your average clueless citizen knows
that he or she would be foolish to discuss the technical details of
(say) theoretical chemistry as if he knows it all.... that same citizen
has no qualms whatsoever about spouting forth on complex issues of
market efficiency.

--Jimbo
Newsgroups: misc.invest
From: singer@uwovax.uwo.ca
Subject: Mortgage Mutual Funds
Organization: University of Western Ont, London
Date: Mon, 27 Jul 1992 11:58:31 GMT

I recently added to my mortgage mutual funds, currently paying around 8.5%
return (Canadian). Some funds have better portfolios of mortgages (longer term,
higher rates) than others, and the downside risk is somewhat limited. I wonder
if the U.S. mortgage funds are doing as well, and whether there has been any
recent publications analysing these kinds of securities for this kind of time.--
From: stephen@lsil.com (Stephen Lee 8941)
Newsgroups: misc.invest
Subject: Cypress Semi
Date: 24 Jul 92 20:54:38 GMT
Reply-To: stephen@lsil.com
Organization: LSI Logic Microprocessor Group

Can someone tell me what's the reason for this week's
change in Cypress Semiconductor's stock price ?
Last week it was still around 7.75 and today when I checked
with my broker, it was 9 7/8 !
So, do they have a good earning report or is someone 
ordering a lot of HyperSPARC (Pinnacle) lately ?

Thanks in advance.

---
---- Stephen Lee	Tel (408) 433-8941	Email:stephen@lsil.com
---- Cubicle 18, 2nd floor, Bld. 1525
Newsgroups: misc.invest
From: slansky_doug@macn15.rtsg.mot.com
Subject: Re: When to buy a Mutual Fund
Organization: CSG Group
Distribution: na
Date: Mon, 27 Jul 1992 14:35:44 GMT

A couple of netters have e-mailed to me asking where I get the data to plot
Mutual Fund performance.  Unfortunately, it is easier to get mail into my
system than out.  I tried unsuccessfully to mail the following response to 
ylu@doc.helios.nd.edu.  The mail was returned to me as undeliverable.  If there
are more e-mail responses, please include a personal address so that I can US
mail any unsuccessful reply attempts.  I assume that the initial poster
received my e-mail response.  If not, mail me back!

Sorry to waste public bandwidth.

Doug


To: Slansky Doug

    -------------- Special condition follows --------------
Unable to deliver mail after 1 days. Returned to sender.

    -------------- Message follows --------------
Date: 25 Jul 92 13:05:53 U
From: "Slansky Doug" <slansky_doug@macmail1.rtsg.mot.com>
Subject: RE: When to buy a mutual fund shares...
To: ylu@doc.helios.nd.edu

Y.N.L.,

Well, I use the data base that comes with the Macintosh (Also available on IBM)
program Wealthbuilder.  It has a data base of 5000 stocks, 6000 bonds, and 1400
Mutual funds.  Data that is included:

Current NAV (updatable by user)
Fund Name
Fund Family
Fund Operators 
Telephone #
Loads
Fee Schedule
Total Assets
Beta
10,5,3 year cumulative returns
current yield
plots of historical annualized returns
plots of historical cumulative return (using annualized returns)

and much more.

The basic program is about $100 (I got mine for $80 with a $20 refund).  The
basic data base covers 600 Funds, 1000 Stocks and 1500 bonds.  They send a free
($5 Shipping) upgrade to the larger data base (as above) that updates to the
last quarter (In my case, 1Q92).  Then, for $100/year they will update the
funds and basic economic #s (inflation, T-bills, etc) every quarter.  Or for
$100 they will update the stocks and bonds.  Or, for $175, they will update the
whole enchilada every quarter.  Now, $175 seems a lot, but this is a really
useful portfolio management (keep track of all purchases, sales, dividends,
interest, capital gains, etc) program that has some nice features (tax
estimator, etc).  It does have some limitations (limited ability to print
stuff, doesn't calculate basics like portfolio beta, etc.) but this is the
first issue, and I look for discounted upgrade offers to improve what I think
is a pretty useful program. 

Especially useful is the data base.  You can sort by alphabetical, by fees, by
returns, by betas, etc.  You can set up a filter (only show funds with betas
between 1 and 1.2 for example) to select what you want.

Good Luck and Happy Investing!

Doug S.
Newsgroups: misc.invest
From: xcpslf@decsrv.NoSubdomain.NoDomain (stephen l favor)
Subject: Re: Buying stock w/o a broker
Reply-To: xcpslf@decsrv.oryx.com
Organization: Oryx Energy Co., Dallas, Texas.
Distribution: usa
Date: Fri, 24 Jul 1992 14:42:36 GMT

In article <1992Jul22.134243.1632@oswego.Oswego.EDU>, colburn@oswego.Oswego.EDU writes:
|> I'm looking for a list of companies that allow you to buy stock directly from
|> them, including your first share.  I'll post the results if I get any replies.
|> The companies I currently know of are:
|> 	Exxon	800-252-1800
|> 	Proctor & Gamble	800-742-6253
|> 	Texaco	800-283-9785
|> 

I found a book entitled _Dividend_Reinvestment_Programs_ in a university library.  I
don't have the publisher, but I'm pretty sure the names right, so you could
look it up in a title list.  Seems like there were around 250 companies that have
such programs.  Off-hand, I remeber Bank One and CitiCorp being in the list.
From: rbp@investor.pgh.pa.us (Bob Peirce #305)
Newsgroups: misc.invest
Subject: Re: over 200% return??
Date: 21 Jul 92 11:49:05 GMT
Reply-To: rbp@investor.pgh.pa.us (Bob Peirce #305)
Organization: Cookson, Peirce & Co., Pittsburgh, PA

In article <1992Jul16.233946.27904@pony.Ingres.COM> rion@Ingres.COM (Rion Cassidy) writes:
>
>One is called the Mutual Fund Strategist; it's a newletter that suggests 
>switches between different mutual funds.  The other is called the Hirsch 
>Organization and suggests various "ground floor" opportunities as common 
>stock investments.  Both claim the 200+% annual rate of return as a track 
>record from the last couple of years.
>
Although I have never done it, I am sure some people have done 200% in
one year, maybe in a couple of years in a row.  Nobody can do this over
a long time period.  By the time you find out about it the streak
probably will be over.  Think about it.  If you could do 200% a year you
would own the world in a few years.  Before that happened you would get
to the point where your own trading started to affect price.  We only
manage $100MM and have to watch our trading to avoid affecting prices.

Realistically, the best managers who do not use leverage and stay fully
invested; ie stock pickers, have been able to do 3-5 percentage points
better than the averages over long periods -- 10 to 20 years.  Long term
market timers who do about as well as the market when they are in, can
do about the same.  A few people are good selectors AND good timers and
they MIGHT be able to bump that up a couple of points, but amnybody who
does 3-5 is doing an exceptionally good job for you.

You can probably do better than that by taking greater risk or using
unconventional methods.  Some hedge fund managers, for example, have
done 10-15 points over the averages over long periods, but that still is
ONLY 20-25% per year.  I would be very happy to get that!
-- 
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]
Newsgroups: misc.invest
From: keith@iscp.Bellcore.COM (Keith Hawkins)
Subject: Re: listing change
Reply-To: keith@iscp.Bellcore.COM (Keith Hawkins)
Organization: Bell Communications Research (Bellcore)
Distribution: usa
Date: Wed, 22 Jul 92 18:58:28 GMT

In article <1992Jul22.173541.10196@cbnews.cb.att.com>,
ask@cbnews.cb.att.com (Arthur S. Kamlet) writes:
|> In article <91618@bu.edu> merritt@macro.bu.edu (Sean Merritt)
|> writes:
|> >	A NASDAQ stock I have been following just went
|> >	from being listed in the small cap issues to 
|> >	national market area. How does this happen?
|> >	Is this a good sign?
|> >
|> >	The stock is Transmedia Network TMNI
|> >
|> >	EPS=61 RS=92 p/e=28 52 w Hi=13 1/4 low =6 1/16
|> >
|> >	12 3/4 + 3/8 7/21/92.
|> >
|> >	WSJ article 4/23/91.
|> 
|> It may still be a small cap stock, but if it meets the NASDAQ
|> requirements for listing on their National Market System, then it
|> can apply to be listed there.  These req'ts include a minimum
|> capitalization figure, number of shares outstanding, and filing of
|> timely reports with NASDAQ.  I understand that most companies
|> delisted by NASDAQ are officially delisted for failing to file.
|> (The assumption is if they did file, they would be delisted anyway,
|> and would give away financial information they wantr to keep
|> private.)
|> 
|> 
|> I'm not sure I understand the figures you show above.
|> 
|> If P/E=28 and EPS=61 and Price= 12 3/4, then I'm not sure how to
|> combine those numbers.



I believe the original poster was referring to the EPS rank (1-99) and
Relative Strength Rank (1-99) that Inv. Business Daily assigns to
each listed stock as a basis for comparison against other stocks



|> 
|> Is P/E=28 considered high for that industry/market segment?
|> 
|> Sounds high to me, but I don't have enough information to evaluate.
|> 
|> There are really many questions to ask"
|> 
|> How has it performed over the last few years? What are the value
|> line ratings?  Have insiders been buying?  Been selling?  What's the
|> Debt ratio?
|> 
|> However, I personally ask a question that usually is the deal
|> breaker for me:  What are the names of the market makers?  If the
|> answer is less than 4 market makers, and if at least one of them
|> isn't a company I trust, the I don't care about the financials -- I
|> run the other way.
|> 
|> This is a very unscientific/un-economic method to use for OTC
|> stocks,
|> but one that is part of my own criteria.
|> 


How do you acquire information regarding the market makers?  How
does one come by such a list of firms???



|> Your mileage may vary.  
|> -- 
|> Art Kamlet  a_s_kamlet@att.com  AT&T Bell Laboratories, Columbus
Newsgroups: misc.invest
From: ed@odi.com (Ed Schwalenberg)
Subject: Re: Buying gold
Organization: Object Design, Inc.
Date: Thu, 23 Jul 92 15:16:59 GMT

In article <Brt21D.Fs7@news.cso.uiuc.edu> atkinson@symcom.math.uiuc.edu (David Atkinson) writes:
  What is the best way to buy gold (actual gold that I can hold in my
  hands)?  I have thought about American Eagle gold coins, but it seems
  that a large part of their selling price is due to numismatic value.
  I'm not looking to get into coin collecting; I just want gold.

There are several popular gold bullion coins: the American Eagle,
the Canadian Maple Leaf, the Krugerrand, the Australian Koala.
These are all 1oz coins (some are also available in fractional sizes).
There's a Mexican coin (I forget the name) which about 1.2 oz, and
an Austrian 100 corona coin which is not quite an ounce.  There may
be others I've forgotten.

All these coins trade close to the "spot" price (multiplied by the gold
content of the coin, of course), but the premium (or, sometimes, discount)
from spot reflects the current popularity of the coin.  I think that the
Austrian coins historically have been cheaper than the others, perhaps
because Austria doesn't spend money on slick brochures touting their coins.
Krugerrands are an interesting case; they once bore the highest premium,
then went to a significant discount.  I don't know the current status of
any of these.  You might consider diversifying: buy one of each coin
instead of all Eagles, for example.

  How closely can I expect the price I pay for an ounce of gold to match
  the price I read in the papers for gold?

A given dealer changes his prices in sync with the spot price.  Typically,
there's a bid-ask spread of a few percent, and/or a "commission" of 1-5%
to be paid on a transaction.  If a dealer's material isn't perfectly clear,
ask him how much it would cost to buy a given coin or coins (there are often
quantity discounts), then ask how much you'd get back if you sold it right
back to him.  (If you're interested in trading as opposed to holding gold,
your interest should wane at this point.  Investigate gold mutual funds
instead.)

  Basically, I want to buy a few ounces of gold that no one will question
  the value of, at a price as close as possible to the quoted daily price
  for an ounce of gold.  Any suggestions on how this can be done?

Assuming you're interested in holding the gold, find several dealers in your
area and talk to them.  You should also investigate mail-order dealers;
Certified Mint in Phoenix, AZ is a reputable one.  You can probably find
names of more dealers in the Yellow Pages, your local newspaper's financial
section, and in financial magazines like Money or the Wall Street Journal.

I've never purchased gold or silver; I just know someone who works for
Certified Mint and I get their newsletter.
Newsgroups: misc.invest
From: frankb@willow41.cray.com (Frank Barriuso)
Subject: Re: Charles J. Givens
Originator: frankb@willow41
Organization: Cray Research, Inc.
Date: 25 Jul 92 11:21:39 CDT


In article <2170@tivoli.UUCP>, dfavor@logan.tivoli.com (David Favor) writes:
> 
> I always take the maximum deductible on a vehicle. the reason for this is
> that most insurance companies have an unwritten policy of dropping any client
> that makes 2 claims in less than 3 years. this policy is enforced by software
> and includes all claims.
> 
> I take the maximum deductible and NEVER-NEVER-NEVER file claims. I reserve
> insurance to cover large $1000+, or total loss, situations. in this manner
> I always insure I have the lowest premiums and remain insurable.
> 

  This is sound advice. Several years ago, just after my wife and I married,
she had her radio stolen from her car. She carried a very low deductible and
so filed a claim which was paid. However, at renewal time, her rates were
raised. I calculated that in a handful of months, the difference between the
new rate and old rate would cover the cost of the radio. It wouldn't be long
before the insurance company would actually be making more money because we
filed the claim. After this realization, I went in and raised all of our
deductibles. The simple rule is, you should only get insurance for things
that you cannot afford.

  This reminds me of a conversation that I had with the finance officer
at the car dealership where I purchase my last car. He began to tell me about
their extended service warranty plan:

Him: Would you like to sign up for our extended service warrenty plan? It is
     an exceptional value and...
Me:  Excuse me. I don't want the extended coverage.
Him: Sir, I think that you should think more about this. If anything major
     should go wrong with the car...
Me:  Excuse me. I've thought about it and I don't want your extended coverage.
Him: Why not?
Me:  I only get insurance for things I can't afford. I can afford to fix
     the type of things covered by the warranty. Besides, the odds are against
     any of these major things breaking within the warranty period. If they
     weren't, you wouldn't be offering me this coverage.
Him: You only get insurance for things you can't afford? I've never heard of
     that logic before.
Me:  Hmmmm. No doubt. Can we press on now?


  He got all flustered and excused himself from the room. When he returned,
we just continued filling out the rest of the paperwork without another
mention of the extended service coverage.


      Frank

----------------------------------------------------------------------
Frank Barriuso
Cray Research, Inc.
Multiprocessing Software Section
655F Lone Oak Drive                  ARPA: frankb@cray.com
Eagan, MN 55121                      UUCP: uunet!cray!frankb
----------------------------------------------------------------------