DAILY NEWS STOCK PICKING CONTEST.THE GAME: Five investment clubs Investment Club A group of people who pool their money to make investments. Usually, investment clubs are organized as partnerships and after the members study different investments, the group decides to buy or sell based on a majority vote of the members. Club meetings may be educational and each member may actively participate in investment decisions. from aound the region are managing fictitious portfolios that stood at $100,000 on Feb. 1. Contestants can buy and sell daily, but each transaction costs $50. The portfolios are limited to stocks traded on the nation's major exchanges THE PAYOFF: Whoever has the largest portfolio on Aug. 1 stands tallest. FIRST PLACE NAME: Wall Street Women STOCK PORTFOLIO: Covad 412, Digital Island 1,100 shares, Mail.com 956 shares, Portal Software 557 shares, Wit Capital 588 shares TRANSACTIONS LAST WEEK: Sold 514 shares of Cisco at $65.625, bought 1,100 shares of Digital Island for $30.5625 VALUE THIS MORNING: $133,869.76 (includes $334.83 in cash) VALUE ON JULY 9: $131,769.71 (includes $322.33 in cash) SECOND PLACE NAME: Goddesses STOCK PORTFOLIO: Goto.com 766 shares, Juno 1,435 shares, Wit Capital 1,203 shares TRANSACTIONS LAST WEEK: Sold 194 shares of America Online at $122.3125, sold 928 shares of Knight/Trimark at $55.75, sold 903 shares of Netbank at $33.3125, sold 197 shares of Priceline.com at $104.84375, bought 766 shares of Goto.com for $54.75, bought 1,507 shares of Keravision for $27.9375, bought 1,203 shares of Wit Capital for $34.875, sold 1,507 shares of Keravision at $25, bought 1,435 shares of Juno VALUE THIS MORNING: $123,861.39 (includes $100.58 in cash) VALUE ON JULY 9: $132,114.93 (includes $61.18 in cash) THIRD PLACE NAME: Divided Assets STOCK PORTFOLIO: America Online 230 shares, ExciteHome 508.3804 shares, Cisco 200 shares, DoubleClick 36 shares, Lucent 375 shares TRANSACTIONS LAST WEEK: VALUE THIS MORNING: $96,986.10 (includes $1.44 in cash) VALUE ON JULY 9: $100,950.97 (includes $1.44 in cash) FOURTH PLACE NAME: Money Hungry Investment Club STOCK PORTFOLIO: Compaq 500 shares, Dell 500 shares, Philip Morris 138 shares, Oracle 750 shares, Pfizer 300 shares TRANSACTIONS LAST WEEK: None VALUE THIS MORNING: $81,843 (includes $127 in cash) VALUE ON JULY 9: $80,840.12 (includes $127 in cash) FIFTH PLACE NAME: Fiscal Therapy STOCK PORTFOLIO: Arco 109 shares, Citigroup 199.50 shares, Home Depot 73 shares, Nextlink 208 shares, Bank One 232 shares, Priceline.com 22 shares, Time Warner 82 shares, Yahoo! 43 shares TRANSACTIONS LAST WEEK: None VALUE THIS MORNING: $73,817.73 (includes $35.11 in cash) VALUE ON JULY 9: $72,903.57 (includes $35.11 in cash) CAPTION(S): 5 photos Photo: (1) Wall Street Women (2) Fiscal Therapy (3) Divided Assets (4) Goddesses (5) Money Hungry Investment Club |
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