HDTenEightyP/NetNews huggingface dataset:
From: pag@aurora.hao.ucar.edu (Peter Gross)
Subject: Re: Food Lion A/B
Organization: Malco Partners
Distribution: usa
Date: Sun, 24 Jan 1993 02:47:06 GMT

In article <1993Jan15.004057.11792@cbfsb.cb.att.com> lance@cbnewsf.cb.att.com (lance.r.ogasawara) writes:
>I would like to know the difference(s) between the Food Lion A and
>Food Lion B stocks. Any information that people can provide would be
>greatly appreciated.

I believe one is voting and the other non-voting stock, but forget which.
An S&P guide will tell you.
--
--peter gross
pag@scg.boulder.co.us
(303)-447-1374
From: mbk@lyapunov.ucsd.edu (Matt Kennel)
Newsgroups: misc.invest
Subject: Re: Your Picks
Date: 27 Jan 1993 00:38:07 GMT
Organization: Institute For Nonlinear Science, UCSD
NNTP-Posting-Host: lyapunov.ucsd.edu
X-Newsreader: Tin 1.1 PL3

gt@fc.sde.hp.com (George Tatge) writes:
: long- Sun Micro

Given your email address this is slightly humorous.

I use a nearly all Sun network, and I'd be more inclined to
long HP.  

: gt

the brush is always browner on your own side, I guess.



--
-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: raman@translab.its.uci.edu (Balaji V. Ramanathan)
Subject: Foreign Currency accounts
Newsgroups: misc.invest
Organization: University of California, Irvine
Date: 23 Jan 93 22:28:13 GMT
Distribution: usa

Hi all,
	I am new to this group and hope my querry is not an FAQ.
I am interested in knowing whether any banks allow one to have
accounts in foreign currencies (european currencies).  I have
heard that european banks typically allow one to hold money
in various currencies with them.  But, I don't want to take
the trouble of dealing with a bank outside the country.  If
someone could point me towards an American bank that allows this
kind of investment, I would be very grateful.

Thanks a lot in advance.
--
----------------->8      Cut here for Signature!       8<---------------------
Balaji Ramanathan,                   | 
Institute of Transportation Studies, |         I don't believe in luck!
University of California, Irvine.    |              I RELY on it!!
Newsgroups: misc.invest
From: etpeters@dal.mobil.com (E. T. Peterson(Eric))
Subject: Re: ibm dividend -- specu
Organization: Mobil Exploration & Producing Technical Center(MEPTEC), Dallas. 
Distribution: misc
Date: Mon, 25 Jan 1993 14:49:26 GMT

In article <1993Jan23.4136.20634@dosgate>, "john ogilvie" <john.ogilvie@canrem.com> writes:
|> JJ>    The stock price has been hovering around 46 1/2 for the last few
|> JJ>    days, but IBM option prices and open volume are way up.  Looks like
|> JJ>    a lot of people are "placing their bets."
|> 
|>      Yes, I bought both the Feb 50 calls and the Feb 45 puts.  So, I'm
|>      looking for a move in either direction.

The premium on these options must be pretty large right now?  I'm curious as
to your break even points on the upside and downside (including commissions).
Around 40 and 55?

*********************************************************************
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: lib@cbnews.cb.att.com (Lib)
Subject: Re: predictions
Organization: AT&T
Date: Mon, 25 Jan 1993 14:06:48 GMT

In article <1jq9d9INNpdn@lynx.unm.edu> scc26mf@centauri.unm.edu (Mark Fleharty) writes:
>
>I have recieved many requests for my program.  I can not (unfortunately) give
>it out to anyone.  I am however working on version 2 which I will be able to
>give out to the public.  I expect to have it out sometime during the summer.
>
>I will also be posting predictions about every other day.  If you watch my
>predictions long enough and think that they are good enough I encourage you
>trade.  Also if you decide to make trades I would like to know because that
>would just make me feel great knowing that someone is using something that
>I wrote.
>
>P.S.  If you have any thing that you would like to ask me feel free to contact
>me.  But keep in mind my response may take a long time. 

  
Can you post some general info about how your method works? E.g. recent
price movement for the stock, the market, company earnings, cash flow, etc.

Newsgroups: misc.invest
From: stgprao@st.unocal.COM (Richard Ottolini)
Subject: Re: How to determine one's tax bracket?
Organization: Unocal Corporation
Distribution: usa
Date: Wed, 27 Jan 1993 16:12:06 GMT

In article <1993Jan26.185800.15718@leland.Stanford.EDU> kmh@leland.Stanford.EDU (khanhmy hoang) writes:
>	Could someone kindly explain how this percentage is calculated?
>	Thanks.
>


(1) Earn money.
(2) Fill out your income tax.
(3) When you get to the line about computing your tax, lookup the formula
    rather than the tax table.  The highest entry you pay is your bracket.

Most people start doing this as teenagers.
Newsgroups: misc.invest
From: dbk@pslu1.psl.wisc.edu (Don Katz)
Subject: Re: Covered Calls:  Less Risk - High Returns.
Organization: Physical Sciences Lab, University of Wisconsin
Distribution: usa
Date: Thu, 21 Jan 93 15:22:39 GMT

In article <1993Jan20.192644.13834@mobil.com> etpeters@dal.mobil.com (E. T. Peterson(Eric)) writes:
>In article <1993Jan18.230334.26026@novell.com>, anand@novell.com writes:
>|> I friend told me about the covered calls.  This looks like very low
>|> risk but good return to me.
>In summary, doing covered calls may increase your income on individual stocks,
>but does not improve the performance of diversified portfolios.  It gives you
>a little protection in bear markets, but greatly underperforms in strong
>bull markets.

I did some spreadsheet modelling of covered calls (out-of-the money
calls, to be precise) a couple of years ago. I concluded that if the
probability distribution of returns for holding stocks was balanced
(equal probability of gains and losses, and expected return of 0), the
premium received for selling the call exactly balanced the gains given
up, so that the expected return of a covered call strategy was also 0.

If the probability distibution was skewed to the right (rising market,
or effective stock picking, or both) so that the expected return was >
0 for holding stocks, a covered call strategy had a lower expected
return than just holding stocks, since there was a higher probability
of stock price increases above the strike price.

In a declining market, covered calls did a little better than stocks.

Given that stock price returns, over the long haul, are biased
upwards, I would argue that selling calls is a poor strategy. In
addition, I would argue that if you don't believe you can pick stocks
that will do better than the market, I think an investor is better off
in mutual funds. And if you *do* believe you can pick winning stocks,
why give up the upside by selling calls?

In defense of covered calls, they do reduce the variability of
returns. But so does holding part of your portfolio in cash, and it's
a lot less work.

Don


-- 
-----------------------------------------------------------------------------
Don Katz                                .         Physical
                                       .- / \ -.      Sciences
University of Wisconsin - Madison   ./'  /+-+\  `\.       Laboratory   E-MAIL
From: V-JOHN@UMINN1.BITNET
Newsgroups: misc.invest
Subject: FIDEILITY DISCIPLINED EQUITY
Date: 25 Jan 93 16:22:14 GMT
Organization: University of Minnesota - Computer & Information Services

I've been thinking about investing some $$ in Fidelity Disciplined Equity
mutual fund.  Do you think it would be a good choice?  Thanks for your
tips....
Newsgroups: misc.invest
From: uhegde@walrus.encore.com (Uday Hegde)
Subject: Re: Sequoia
Organization: Encore Computer Corp.
Date: Wed, 27 Jan 1993 15:58:33 GMT

In article <1k1s64INNppq@grapevine.EBay.Sun.COM> kimf@amaryllis.EBay.Sun.COM (Kim Foster) writes:
>Does anyone on the net know anything about this company.  Its
>stock used to be in the $16 - $18 price range.  I believe
>the stock now drop to $1.50 $1.75.  If you have any information
>about this company or its product(s), please let me know.    

Confirm the information below before acting on your investment.
I might be mistaken:

I recall reading an article sometime (roughly 6 months) back about
Sequoia being in trouble with the SEC. I don't remember all the details
but I'll let you know if I can find the article.

More recently, I heard rumors that Sequoia's share-holders are
suing the company for misreporting earnings. These are probably share
holders that purchased the shares based on the incorrect earnings that
were reported. 

Uday.
(uhegde@encore.com)
From: klug@Software.Mitel.COM (Peter Klug)
Newsgroups: misc.invest
Subject: REQUEST: Rate of return in a mutual fund
Date: 22 Jan 93 13:46:44 GMT
Distribution: na
Organization: Mitel Corporation; Kanata, Ontario, Canada


Could someone explain how to calculate the rate of return on a mutual
fund investment?

I know how to calculate the rate of return for a simple stock purchase
and subsequent sale.  It's pretty straightforward since there is only
a single amount and a single time frame to deal with.

However, in a mutual fund or even if you split your stock purchase
into a couple of sales at different times, all of a sudden the
solution is not obvious to me.  So far all I've been able to come up
with is to calculate a weighted average.  Can anyone clarify this?
Thank you.

--
*        Peter Klug         *  Peter_Klug@Software.Mitel.COM
*     Mitel Corporation     *  
*  Kanata, Ontario, Canada  *  Nostalgia ain't what it used to be.
Newsgroups: misc.invest
From: pag@aurora.hao.ucar.edu (Peter Gross)
Subject: Re: Short Squeeze on Federated Dept. Stores
Organization: Malco Partners
Distribution: usa
Date: Tue, 26 Jan 1993 06:06:43 GMT

In article <1993Jan25.150351.5842@mobil.com> etpeters@dal.mobil.com (E. T. Peterson(Eric)) writes:
>In article <1993Jan24.030207.3168@ncar.ucar.edu>, pag@aurora.hao.ucar.edu (Peter Gross) writes:
>|> Sorry, Larry, your broker is feeding you BS.  There is no rule against shorting
>|> a stock under $5.
>
>Are you sure?  I have been told this by two separate brokerages, and several
>other posters have made the same statement.

I am sure.  The supposed "rule" is one imposed by your broker, not the SEC
or exchanges.
--
--peter gross
pag@scg.boulder.co.us
(303)-447-1374
Newsgroups: misc.invest
From: john@amc.com (John Sambrook)
Subject: Interest rates on US Savings Bonds ... 
Organization: Applied Microsystems, Redmond, WA
Distribution: na
Date: Tue, 26 Jan 1993 06:55:30 GMT

Howdy :-)

I'm working my way through the (excellent!) book "Computer Aided
Financial Analysis" by Ross M. Miller, and I thought I would go ahead
and try my hand at creating some valuation models.  For this first
attempt, I'm working on creating a valuation model for Series EE US
Savings Bonds.  

If I understand correctly Savings Bonds pay interest as follows:

    1.  The normal interest rate is 85% of the average five-year
        Treasury rate, for the period the bonds were held.

    2.  If the bonds are held for five years, the interest rate
       	is guaranteed to be at least 6.0%.  

    3.  Interest is credited monthly for the first 30 months, and
    	every six months thereafter.

    4.  After 30 years no more interest payments are made.

My questions are as follows:

    1.  Are the statements above correct?

    2.  How is the "average five-year Treasury rate" computed?
    	In particular, I don't know what Treasury instruments 
    	participate in the computation and how often the interest
    	rate is sampled.  Also, I would like to know where I can
    	get historical data for these five-year interest rates, 
    	since it seems my model will need to have a database of 
    	these values over the years.  

    3.  Concerning the 6.0% guaranteed minimum for bonds held for
    	at least five years, I would like to know how long this 
    	rate has been in effect, and again, where I can get 
    	historical data for how it has changed over the years.

BTW, I'm working in Common Lisp and CLOS, but I would be happy to 
share anything I can with anyone who wants it.



-- 
John Sambrook                             DNS: john@amc.com
Applied Microsystems Corporation	 UUCP: amc-gw!john
Redmond, Washington  98073               Dial: (206) 882-2000 ext. 630

Organization: Doctoral student, English, Carnegie Mellon, Pittsburgh, PA
Newsgroups: misc.invest
Date: Mon, 25 Jan 1993 11:50:13 -0500 
From: Joel Bloch <jb6k+@andrew.cmu.edu>
Subject: Re: Covered Calls: Less Risk - High Returns.
Distribution: usa

Can you close out the position in the position in the put so that the
loss in the put position is offset by the gain in the short position
(unless the stock turns around and goes back up)
Newsgroups: misc.invest
From: hamachi@adobe.com (Gordon Hamachi)
Subject: Re: Act Now to Fight the Deficit
Organization: Adobe Systems Incorporated
Distribution: usa
Date: Tue, 26 Jan 1993 19:18:59 GMT

Chris Long writes
> 
> If Figgie didn't say something like this, he wouldn't sell any books,
> would he?

You're making the bad assumption that Figgie is in this to make a lot of money  
from book sales.

In fact, all of the proceeds have been assigned to charity.  Figgie runs a very  
large corporation, and doesn't need any book profits.  And as a member of the  
Grace Commission, his credentials are well in order.

You would know all of this if you had read the book.  Obviously, you don't know  
what you're talking about.  Read the book!  You don't have to buy it.  I got it  
out of my local public library.
Newsgroups: misc.invest
From: yuming@cs.sfu.ca (Yuming Hu)
Subject: Re Vista Capital Growth
Keywords: telephone number
Organization: CSS, Simon Fraser University, Burnaby, B.C., Canada
Date: Mon, 25 Jan 1993 20:10:31 GMT

The telephone number of Vista funds (there are
8 vista funds in Vista) is 1-800-34-vista. 
Newsgroups: misc.invest
From: frankw@tc.fluke.COM (Frank Wang)
Subject: Download many stock quotes from Prodigy
Keywords: stock quotes
Organization: John Fluke Mfg. Co., Inc., Everett, WA
Date: Fri, 29 Jan 1993 01:01:12 GMT


I have noticed somebody said that there is a shareware which allows
one to download large amount of stock quotes daily from Prodigy.  I
have been tring to find the shareware without success.  Could anybody
who knows about the sofware point me where to get it?  I have tried
Compuserve and bunch of Internet FTP places.  Thanks in advance!


-- 
Frank Wang @ John Fluke Mfg. Co., Inc.
frankw@tc.fluke.com
frankw@u.washington.edu

Newsgroups: misc.invest
From: lib@cbnews.cb.att.com (Lib)
Subject: Re: YOUR stock picks
Organization: AT&T
Date: Mon, 25 Jan 1993 14:03:30 GMT

In article <1993Jan22.163942.19832@spectrum.xerox.com> root@vinevalley.mc.xerox.com writes:
>
>	PLEASE  post your picks ... I doubt anyone will use them without 
>their own investigation and I beleive I have found some interesting stocks with 
>your assistance already. We aren't like the full time brockerages with research 
>teams that can watch every stock so this may help us all. Maybe a free flow of 
>information and opinions is what we want.
>
>Some I've been watching :
>
>Rio Hotel & Casino ( NASDAQ, RIO )
>The Gap ( NTSE, GAP )
   
Body Shop 


Newsgroups: misc.invest
From: lxfogel@srv.PacBell.COM (Lee Fogel)
Subject: Re: YOUR stock picks
Organization: Pacific * Bell
Date: Tue, 26 Jan 1993 22:51:27 GMT

I got Apertus Technologies at 1 3/8 a few months ago.  It had
undergone a major restructuring (was part of Lee Data).  They
recently showed a profit, and in the last few weeks has soared
to 5 3/8, and still seems to be going strong.

-- 
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Lee Fogel/\/\/\/\/\eVerything/\Is/\possiBlE/\/\/\/\/\lxfogel@srv.pacbell.com
____________________________________________________________________________
Newsgroups: misc.invest
From: nfs@volkl (Norbert Schlenker)
Subject: The End of the Bull Market
Originator: news@nimaster
Organization: Department of Computer Science, Princeton University
Date: Fri, 22 Jan 1993 15:37:05 GMT

For years, I've been warning readers of this newsgroup that the party
just couldn't keep going much longer.  I believe that I must be one of
the last bears here.  Chedley seems to have given up on short selling.
Gordon Hamachi, having moved to another group, now posts a mix of
articles not uniformly bearish.  Broward Horne doesn't post here any
more.

I give up.  All you bulls were right.  Bill and Hillary will save the
country.  After pooh-poohing Chris Long last week regarding his IBM
purchase, I have changed my mind.  I bought IBM yesterday, and am also
looking for a bounce to 55.  After pointing out the ridiculous
valuation levels on the Dow and S&P, I bought an index fund yesterday.
After repeatedly decrying the frothy speculation on the Nasdaq, only
to see it march up 30% in 3 months, I bought Ultra yesterday.

Hear ye, hear ye.  All the bears are in.

I stand ready to be crucified.  (By Good Friday would be appropriate.)

Norbert
nfs@cs.princeton.edu
From: clong@remus.rutgers.edu (Chris Long)
Newsgroups: misc.invest
Subject: Re: The End of the Bull Market
Date: 26 Jan 93 06:47:45 GMT
Organization: Rutgers Univ., New Brunswick, N.J.

In article <C1DHx2.DIr@constellation.ecn.uoknor.edu>, Keith Brewster writes:

> To me, the capitulation of bears, especially jumping into volitile 
> stocks and funds in the hopes of "not missing out any further" is the
> sure sign of a top.

I disagree; the only way to predict a top is post facto.  With the
economy slowly improving I'm expecting a weak bull market for quite
some time, perhaps several years.  It won't be spectacular, but it'll
be a bull market.
-- 
Chris Long, 265 Old York Rd., Bridgewater, NJ 08807-2618

Score: 0, Diff: 1, clong killed by a Harvard Math Team on  1
Newsgroups: misc.invest
From: lash@tellabs.com (Bill Lash)
Subject: Re: YOUR stock picks
Organization: Tellabs, Lisle, IL
Date: Tue, 26 Jan 1993 00:03:27 GMT

In article <1993Jan22.163942.19832@spectrum.xerox.com> root@vinevalley.mc.xerox.com writes:
>
>	Many people on this newsgroup are investors that do their own 
>investigation of companies looking for a good buy. Lynn West has stated that she
> would post some 8 -10 stocks that she's been watching to see if she can beat
> some mutual funds.
>
>	PLEASE  post your picks ... I doubt anyone will use them without 
>their own investigation and I beleive I have found some interesting stocks with 
>your assistance already. We aren't like the full time brockerages with research 
>teams that can watch every stock so this may help us all. Maybe a free flow of 
>information and opinions is what we want.
>
>Some I've been watching :
>
>Rio Hotel & Casino ( NASDAQ, RIO )
>The Gap ( NTSE, GAP )

Ok, I am following:

Pride Co. (NYSE, PRF)
Westinghouse (NYSE, WX)
and just for fun:
National Tech. Team (OTC,TEAM)


				Bill Lash
				lash@tellabs.com
				...!uunet!tellab5!lash


-- 
Newsgroups: misc.invest
From: tony2@prefect.cc.bellcore.com (gozdz,antoni s)
Subject: Re: how good is investor business daily ?
Organization: Bellcore, Livingston, NJ
Distribution: usa
Date: Tue, 26 Jan 93 00:58:18 GMT

In article <1993Jan25.154243.63176@cc.usu.edu> fajack@cc.usu.edu writes:
>	Anyone out there subscribe to the Investor Business Daily ?  How is it
>compare to the Wall Street Journal ?  
>	I have access to the Wall Street Journal, and thinking maybe one
>additional source of information may help.
>
>	Any information is appreciated.  
>
>Jack Teh
>

Gee, excuse my asking, but wouldn't it be simpler to go to a
nearby store and buy it (unless stores in Utah don't carry it)?

Tony
tony2@cc.bellcore.com
Newsgroups: misc.invest
From: meyers@lorenz.ocean.fsu.edu (Steve Meyers)
Subject: Hills. Bros. Dept. Stores
Organization: Florida State University
Date: Thu, 21 Jan 93 17:27:26 GMT


I saw some of the discussion on the problem with Ames Dept. 
Stores. I was wondering if anyone who follows the retail stores 
knows anything about Hills Brothers Dept. Stores (HDS). It is 
also trying to emerge from Chapter 11. That's about all I know.
If anyone has more info on their restructuring plans please 
contact me.

Thanks in advance.

Steve
From: tcbd@cbnews.cb.att.com (tom.c.b.davison)
Newsgroups: misc.invest
Subject: Re: Vista Capital Growth
Summary: info provided
Date: 24 Jan 93 15:36:51 GMT
Distribution: na
Organization: AT&T

In article <1426500341@igc.apc.org>, mcaldon@igc.apc.org (McAldon International Inc.) writes:
> 
> |Do you have any experience with the mutual fund Vista Capital Growth? I 
> |haven't tracked it for very long, but it seems to do very well.  The 
> |Mutual Fund Forecaster doesn't  follow this one.  Also, I'd like to call for
> |a prospectus, but I need the phone number.  Can you help?

vista is offered by chase manhattan bank.  1-800-348-4782
$2500 initial min purchase, 4.5% load fee, .25% b fee, 0.10%A fee.
ticker symbol vcagx.  morningstar back in october rated them
5 stars (tops) with high return and above average risk.  
total return 88-91 was 23%, 44%, -6%, 71%.  fund only started in late 87,
got a new manager in 91, so no indication of how they 
would do in a down maraket.  small cap orientation.
From: rheinze@lrc.edu
Newsgroups: misc.invest
Subject: Good Guys
Date: 22 Jan 93 21:05:48 EST
Organization: Lenoir-Rhyne College, Hickory, NC

Can anyone give me any information or insight into
Good Guys?
I have committed to buying this stock and would like
any additional information anyone has.
Thanks
From: bhjelle@carina.unm.edu ()
Newsgroups: misc.invest
Subject: Hot Funds for `93
Date: 27 Jan 1993 17:07:08 GMT
Organization: University of New Mexico, Albuquerque
Distribution: na
NNTP-Posting-Host: carina.unm.edu

Although I should know better from past experience, I have
an almost uncontrollable urge to buy into one of the hot
funds (mainly small-cap or low-priced stock funds) that
did well in `92. Examples: Kaufmann, Fidelity Low-Priced
Stock. 

Is this crazy? Please talk me out of it, and suggest
better alternatives. I'd like to stick to stock mutual
funds, something a little risky if possible.

Brian

Newsgroups: misc.invest
From: tony2@prefect.cc.bellcore.com (gozdz,antoni s)
Subject: Re: Dreyfus Funds
Organization: Bellcore, Livingston, NJ
Distribution: usa
Date: Thu, 21 Jan 93 16:25:00 GMT

In article <C17Kp4.4Io@usenet.ucs.indiana.edu> msingh@silver.ucs.indiana.edu (The Supreme Commander) writes:
>
>Stay away from the Appreciation Fund. I invested $5,000 last
>September, and the fund is way below my purchase price at present.
>
>This fund operates in the following manner:
>
>Market is up by n% - Appreciation is up by .n%
>Market is down by n% - Appreciation is down by 3n%
>
>In short, when it goes down, it goes down, and when it goes up it
>never fully recovers. I'm waiting for the time when it gets just above
>my initial purchase price, and will then pulll out.
>

Well, if the fund operates the way you describe, why do
expect it to ever reach your purchase price ;-)? It's a
sure way to lose even more...

On the other hand, the highest Sept 92 NAV for this
fund was $15.16 (9/14/92) compared to $14.66 yesterday which
represents a loss of 2.36% of your investment. Hardly a
significant loss for a fund held for 4 months, although
its decline since 12/21/92 (-5.72%) may cause some concern.
It's also true that the SP-500 has gained 1.90% in the same period
(9/14/92 - 1/20/93), but over time, the fund performs
better than this index (total ret. 75% since 1/1/89 vs.
56 % (SP not adjusted for dividends)). In fact, it is
very similar to Vanguard's Index Trust-500.

In a word, you may be worrying too much.

Tony
tony2@cc.bellcore.com