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PETER LYNCH GOES ONLINE WITH INVESTMENT ADVICE

 WHITE PLAINS, N.Y., June 1 /PRNewswire/ -- Peter Lynch, the investment whiz who guided Fidelity's Magellan Fund and wrote the number-one bestseller "Beating the Street," is pioneering a new medium. On June 7, Lynch will go online to answer questions from some of the hundreds of thousands of investors who are members of the Prodigy service.
 Lynch will participate on the home computer service's Money Talk Bulletin Board, where members are being invited to submit electronic questions on any topic, from the best stock to buy this week to how long to stay with a particular fund. Lynch will pick the ones that interest him most and reply online.
 Money Talk offers an online forum for Prodigy service members to discuss all aspects of investing. The thousands of notes posted there each day are read by tens of thousands of members. Some of the topics include which direction the market is headed, the relative merits of blue chip stocks and what penny stocks are a good buy.
 Lynch will be the next in a continuing series of Prodigy service online guests that has included comedian and TV star Jerry Seinfeld, mystery author Sue Grafton, and NBC Tonight Show host Jay Leno. Lynch will be the first financial expert making a special appearance on the Prodigy service. Other financial experts participate on the Prodigy service regularly, including Brendan Boyd, Robert Bruss, and Julian Block.
 One of the best-known mutual fund managers ever, Lynch was portfolio manager of the Fidelity Magellan Fund from May 1977 to May 1990. During his tenure the fund rose 28-fold per share to make it the best performing fund in the world.
 Since retiring from the Magellan Fund in 1990, Lynch has devoted himself primarily to nonprofit work and increased time with his family. he recently returned to Fidelity part-time to coach the firm's younger analysts, and he remains a member of the board of trustees of Fidelity Group of Funds. He also writes an exclusive column for Worth magazine.
 Lynch's first book, "One Up on Wall Street," a New York Times bestseller, sold more than 600,000 copies in hardcover and paperback. "Beating the Street," his guide to picking stocks and developing a winning mutual fund strategy, was published by Simon and Schuster earlier this year.
 -0- 6/1/93
 /CONTACT: Steve Hein of Prodigy, 914-993-8789/


CO: Prodigy Services Company ST: New York IN: CPR SU:

WB-LR -- NY045 -- 3928 06/01/93 11:58 EDT
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Publication:PR Newswire
Date:Jun 1, 1993
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