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[sharechat] Stock Guru 2003, Feb Results Out

From:	"tennyson@caverock.net.nz" <tennyson@caverock.net.nz>
Date:	Sat, 1 Mar 2003 00:30:47 +0000


Results to the end of February 2003, representing five weeks of the 
competition have been posted on the 'Competitions Message Board' and 
it is not a pretty picture.  All competitors and all brokers are 
showing red ink which must be a kind of nasty first for any Stock 
Guru competition I can remember.

Our competition leader is 'Johna' with his positive selections of 
Contact Energy and Sky City Entertainment group not having quite 
enough pull to haul his entire portfolio above the waterline.

The number one performing share out of the 59 selected over all 
competitors was Vertex (+10.9%), after bouncing back from all time 
lows to be part of a corporate share play.

Special mention must go to brokers Forsyth Barr who have the second 
best overall performance behind 'Johna'.  Albeit they are still just 
in the red, but are ahead of all other sharechatters.  The Forsyth 
Barr portfolio of AIA, FBU, FPA, HLB and WAM doesn't have any big 
winners in it, but neither does it have any big losers.

Perhaps a surprise number two amongst sharechatters is 'People's 
Picks' (AIR, CEN, GPG, SKC, TWR) which is the combined wisdom of all 
who entered.  I say 'perhaps a surprise' because those who recall the 
competition from year 2000 will know that Peoples Picks did very well 
then too, at least for a couple of months, before it went into a 
nosedive.   One way of explaining this is to say that the collective 
wisdom of sharechatters is very good at predicting what might happen 
in the next two to three months but not so good after that.  It will 
be interesting to see if People's Picks follows that same pattern 
this year.

Five weeks down, but still a long way to go!

SNOOPY



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Message posted by Harry Tennyson
 using Pegasus Mail 2.55
I have Word 97 to read attachments
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