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From: merrill@5424.DEC (Rick - Font Mgr. for Hardcopy Engineering)
Newsgroups: net.invest
Subject: Zero Cupon Bonds
Message-ID: <3245@decwrl.UUCP>
Date: Tue, 23-Jul-85 13:28:24 EDT
Article-I.D.: decwrl.3245
Posted: Tue Jul 23 13:28:24 1985
Date-Received: Thu, 25-Jul-85 20:52:30 EDT
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These are great for an IRA (tax deferred) and for "poor" children who do 
not make enough to have to pay taxes.  Otherwise they are terrible because
you have to pay the taxes year to year but the money is tied up for term.

Zeros are a good way to *attempt* to pay for college for a child who will
be going (you hope) in 10 yrs.

RMM