Bearish funds rare as mutuals chase down markets
The piece contrasts mutual fund bias toward rising markets with the scarce few funds aiming to profit from declines through short selling or put options. It notes higher risk, limited legality, and complex costs, while hedge funds and private partnerships routinely employ bearish tactics.
MENTIONED IN THIS ARTICLE
Robertson, Stephens & Co
San Francisco
James Stack
InvesTech Mutual Fund
Whitefish
Mont
Robertson Stephens Contrarian
Stack
AT&T taps video future with desktop telemedia
AT&T official Brian Deep demonstrates desktop telemedia at a traveling exhibit in Lawrence, touting cost reductions as technology from AT&T Global Information Solutions aims to bring videophone style communication to homes within three years. He notes 30 frames per second video, business focus, and potential for shared computer applications during calls.
MENTIONED IN THIS ARTICLE
George Jetson
Elroy
Flash Gordon
Ming the Merciless
Lt. Uhuru
Captain Kir
Khan
Jetson
Brian Deep
At&t
Deep
Lawrence
At&t Global Information Solutions
PC Magazine
Atlanta
Mike
Yoen
Journalsworld
Local Stocks and Market Update Teased
Local stocks section noted with phone line details and a forthcoming market wrapup in Saturday's Journal-World. The notice directs readers to dial a number for local stock updates and references a stock market update number for quick access.
MENTIONED IN THIS ARTICLE
Journal-World
Daily commodity and livestock price roundup
Market quotes from Midland Elevator list wheat at 3.72, corn 2.23, milo 3.46, soybeans 5.46 per bushel. Omaha and St Joseph report Friday hog receipts near 1,000 with lean hog values up to 1.50, cattle quiet, and meat prices varying by weight. Nonferrous metals in New York show copper around 1.21 per lb and zinc near 0.5025, with other metals noted and banking rates provided.
MENTIONED IN THIS ARTICLE
Midland
London
U.S
Comex
Handy & Harman
N.Y
Clearwater firm offers better pay to hire 60 by Oct
IntelliSell Corp. in Clearwater plans to add 60 employees by October 14 as it struggles after losing half its staff when college students return. The telemarketing center, near Wichita, offers $5 an hour base with paid vacations and holidays for those working 35 hours weekly plus a 401(k) plan to attract workers.
MENTIONED IN THIS ARTICLE
Clearwater
IntelliSell Corp
Clearwater Company
Tanya Shryock
Wichita
IntelliSell
Patty Kousgaard
Hurmian Resources
Kmart to close five Kansas stores in February
More than 200 Kansans will lose their jobs as five Kmart stores in Hays Liberal Arkansas City Wichita and Great Bend shut within February 1995. Officials say operations at distribution centers will not be affected and nationwide closures total 110 stores with about 6 000 jobs eliminated.
MENTIONED IN THIS ARTICLE
Kmart
Lawrence
Michael Virgilio
Kmart Corp
Hays
Liberal
Arkansas City
Wichita
Great Bend
Kansas
Joy Corneliussen
Troy
Mich
Dee Chandler
Joseph Onijala
Roseline
AT&T Debuts Portable Office Tech in Lawrence Exhibit
AT&T showcased a "virtual office" laptop with a modem and cellular phone in downtown Lawrence. The device lets a user dial a computer bulletin board service or fax remotely from a briefcase. Also demonstrated was a radio frequency network product that removes the need for coaxial cable.
MENTIONED IN THIS ARTICLE
At&t
Lawrence
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