Business Services Industry

Christmas Storybook Ending at Investors Forecast Web Site

Business Wire, Dec 24, 1998

LAKE FOREST, Ill.--(BUSINESS WIRE)--Dec. 24, 1998-- "You know it is Christmas when an online investor named Rudolph wins the $200 prize in the weekly market forecast contest," says John Dick, Publisher, of Investors Forecast, a new web site for online investors. "This coincidence is just a wonderful way to end the year."

On Dec. 14th, Mr. Rudolph Gerhman of New York (State) made a market forecast at the site for the Dow Jones Industrial Average to close on Dec. 24th at 9217.56. He was the closest of all the 13,000 online investors who visit Investors Forecast, and missed the actual Dow by just .43 of a point. His forecast was made ten days prior, at the new web site (http://www.investorsforecast.com) which provides individual investors with week-forward forecast reports of the market and 20 selected stocks. Investors Forecast is the first Internet based community where visitors enter their individual forecasts for free and the web site publishes them as collective forecasts in free graph reports at the site.

The Dow Jones closed officially at 9217.99 on Christmas Eve.

Another $200 prize was won by Bill Crosby of California who submitted the prior week's earliest, most accurate forecast for Intel (Nasdaq:INTC) stock which closed Christmas Eve at his forecast price of $125.00. Names of winners and near winners are posted at the web site.

Twenty, week-forward collective stock forecasts are continuously published at the site in graph form for:

3Com (Nasdaq:COMS)                          Excite (Nasdaq:XCIT)

Amazon (Nasdaq:AMZN)                        Gateway 2000 (NYSE:GTW)
America Online (NYSE:AOL)                   GE (NYSE:GE)
Apple (Nasdaq:AAPL)                         IBM (NYSE:IBM)
Cisco (Nasdaq:CSCO)                         Intel (Nasdaq:INTC)
Coke (NYSE:KO)                              Lucent (NYSE:LU)
Compaq (NYSE:CPQ)                           Merck (NYSE:MRK)
Citigroup (NYSE:C)                          Microsoft (Nasdaq:MSFT)
Dell (Nasdaq:DELL)                          Schwab (NYSE:SCH)
E-Trade (Nasdaq:EGRP)                       Yahoo (Nasdaq:YHOO)

About Investors Forecast

Investors Forecast is the foremost collective forecasting site which aggregates and publishes real-time, number specific, stock and market forecasts. Investors Forecast is free and open to all online investors at http://www.investorsforecast.com.

SOURCE: Investors Forecast http://www.investorsforecast.com

COPYRIGHT 1998 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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