Re: CNBC Student Stock Tourney

[TRaffertu@xxxxxxx]

In a message dated 98-02-20 16:06:46 EST, JamesinLA@xxxxxxx writes:

<< Did anyone follow the CNBC Student Stock contest?  The best school turned
10
 grand into over 1 million in a few months!  I have been wondering big time
how
 those high school kids did that.  Anyone inside info or ideas anybody? >>

         Hi Jim,

          I followed to some extent and found some (many?) of the top schools
of the day to be making INCREDABLY accurate trades.  For example buying XYZ
the exact day a takeover was announced.  While other schools that where just
doing average where into the typical things kids would know (MacDonalds,
Matell, etc.)  As we all know it is much easier to paper trade than Real
Trade(rs), especially if you fudge the timing a bit.  Where they required to
enter the exact time of the trade?  Heavens knows the little darlings wouldn't
cheat, but...

          If I'm wrong about this, and I hope I am (we don't need to be
raising a generation of Ivan Boskie's), I apologize.

                                          Good luck and good trading,
                                                    Ray Raffurty