From: utzoo!decvax!pur-ee!davy
Newsgroups: net.invest
Title: Re: Treasury Bonds/Notes - (nf)
Article-I.D.: pur-ee.549
Posted: Fri Sep 17 18:26:20 1982
Received: Wed Sep 22 09:21:16 1982

#R:pur-ee:14900001:pur-ee:14900002:000:1354
pur-ee!davy    Sep 17 11:53:00 1982


	Well, I only got two responses to my note on Treasury Bonds, 
	just for anyone interested, here they are:


    From decvax!cca!ima!johnl Fri Sep 10 06:05:14 1982
    Date: Thu Sep  9 23:12:36 1982
    Subject: Treasury notes
    To: cca!decvax!pur-ee!davy

    Sure, you can buy them or sell them, but they're not much of a speculative
    play.  Since about as risk-free an investment as there is, the price just
    reflects prevailing interest rates.  The best thing you can say about them
    is that the income is free of state (not Federal) income taxes.

    If you want security, hold on to them.  If you're brave, sell them and buy
    Chrysler bonds, which are very cheap and will be quite profitable if they
    stay in business long enough to pay you back.

    John Levine, decvax!cca!ima!johnl.



    From decvax!utzoo!watmath!padpowell Fri Sep 10 07:13:21 1982
    Date: Thu Sep  9 09:13:49 1982
    To: utzoo!decvax!pur-ee!davy
    Subject: Trash disguised as US treasury bonds

    My personal feeling it to sell the fool things and invest the money
    in medium and short term paper.  Also,  my friendly (for the amount I
    pay him he should be) broker/analyst says the amount you get is going to
    be a lot lower than you think,  as the US treasury notes market is really
    screwed up.  Dither dither dither

--Dave Curry