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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
COPYRIGHT 1999 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Article Type:Statistical Data Included
Geographic Code:1USA
Date:Jul 19, 1999
Words:433
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