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Show The Salt Lake Tribune BUSINESSSunday F7 uly 30, 1995 AnyValue in OldGames? Baby Boomer Book Offers Estimates Q. I found some old games from the early 1950s last weekend while cleaning my garage. How can I find outif they are valuable? — W.W., Daytona Beach, Fila. A. An expert in the field of gamecollectibles is Rick Polizzi. In his book, ‘‘Baby Boomer Games, Identification and Value Guide” (3400 Greenfield Ave., #7, Los Angeles, Calif., 90034, $28 signed, sealed and delivered), helists thousands of games from the 50s, 60s and 70s and their current values. These prices were compiled from a survey of dealers, trade magazines and collectors. a Q. If I buy a piece of property, fix it up and agree to rent it to elderly tenants, would I he en- titled to an investmenttax credit under the Internal Revenue Code? — D.H., Draper, Utah. A. The IRS doesnot allow a tax eredit for residential property rented to elderly tenants. You are ing of the low incredit determined underSection 42 of the IRS Code Manyelderly peopie have small, fixed incomes and sometimesreside in low income housing projects Therules that apply to low income housing projects are extremely complicated and vary depending on the typeof building, improvements and incomeof tenants. Several qualifying factors determine whether a property can be considered a low incomehousing project. For further information and criteria that apply to low income housingcredits, consult a tax professional who is familiar with IRS Code Section 42 a Q. I'm interested in a list of companies that offer dividend reinvestmentplansandsell stockdirectly to the public without charg- MONEYWATCH 2692), the following companies allow investors to purchaseinitial shares direct: American Recreation Centers, Arrow Financial Corporation, Atlantic Energy, Atmos Energy, Barnett Banks, Inc., Bob Evans Farms. inc., COMSAT ed, time consuming approval pro cess to begin a DRIP Underthe new rules, a compa JAY GOLDINGER ing a commission. Can you help me? — G.F., Reno, Nev A. Many companiesare offering dividend reinvestment plans (also known as DRIPS) that allow the public to purchase initial shares of stock directly from the companyand thereby avoid paying a brokerage commission. Occasionally, these companies apply a small administrative fee. According io the July 1995 is- sue of DRIP Investors (7412 Calumet Ave., Hammond,Ind., 46234- ment a direct stock purchasepro gram simply by devising a plan modeled after a pre-approved “blueprint” developed by the SEC. This allows a company to have a programin placewithin a few weeks Evergreen Enterprises publish es a directory of companiesoffer ing dividend reinvestment plans ata cost of $29.95 plus $2.50shipping and handling (P.O. Box 763 This list of companies offering DRIPs recently expanded because the Securities & Exchange Laurel, Md., 20725-0763). Standard & Poor's rporation (25 Broadway, New York, N.Y 10604) also offers an annual directory of dividend reinvestment plansfor $39 95. Commission madeit easier to set up direct stock purchase programs effective December 1, 1994. Before this ruling, a companyhadto go through a complicat- on whether stock market movementpatterns are different prior Q. Haveanystudies been made Building Memories. Creating Futures. Ai of us at Micron Technology are pleased that we will soon be neighbors. As with any newarrival, you'd probably like to know something about us. Micron was founded in 1978 as a semiconductor designfirm and began manufacturing dynamic random access memory (DRAMs) in 1981. Now, we also manufacture static random access memory (SRAMs) and Our chips are used in personal computers, fax machines, cellular telephones, cars and otherproducts that store memoryelectronically. As demand for these products continues to increase, so does the demand for Micron’s memorychips. Our new facility in Utah Countywill help us to better meet our customers’ needs for more memory. Our competitiveness and Micron Technclogy manufacture other semiconductor memory success depend on our team semiconductor memory products chips. members’ ability to continue Micronis the 7th largest DRAM developing leading edge products and manufacturer in the world, providing manufacturing those products efficiently. such as DRAMs and SRAMs. semiconductors to customers in 42 In Utah, welook forward to a suc countries. Last year, the company had cessful relationship that will create more record sales of $1.63billion and made over $400 million in profits. than random access memories. MICRON TECHNOLOGY,INC If you have questions about Micron call this toll free number 1-800-9 ASK MICRON (1-800-927-5642) Looking for Micron on the Internet? Set your WWWbrowser to hitp:/ www.micron.com oper on which party uitimately wins the White House?--R.J., ton, N.M Farming- A. It appears that, over time, a Republicanvictory is precedec nyor its transfer agen Corp., Dial Corp., DQE, Inc., Ex- xon, Houston Industries, First Alabama Bancshares, Interchange Financial Services, Johnson Controls, Kellwood Company, KerMcGee Corp., Mobile Corp., Morton International, NorAm Energy, Pinnacle West Capital, Portland General, Procter & Gamble, Regions Financial, SCANA, Tenneco, Texaco, U.S. West, Utilicorp United and Wisconsin Energy to the presidential election based uptrend Excellent research on y termed the has been conducted by Sh m Me- Clellan, editor of The McClellan Market Report (P.O. Box 4126 Glendale, Calif., 91222-0126). In the July 21 issue, for example, he says that recent marketaction in- dicates that the Republican market pattern is currently dominant more Jay Goldinger is Chief Invest- ment Strategist for Capital Insight, Inc. and author of “Keys ta f ting in Government Securihes. Fora personal reply, please limit your question(s} to one printedor typewritten page. Send to P.O. Box 4092, Beverly Hills, Calif, 90213. Besure to include yourtelephone number |
