Contest to pick Dow number ending '93 is open to all, free

The Ticker

January 12, 1993|By Julius Westheimer

Reversing last week's losing streak, the Dow Jones industrial average gained 11.08 points yesterday, closing at 3,262.75. Volume remained heavy at 218 million shares.

Speaking of the Dow Jones average, would you like to have cocktails and dinner as guests of Mr. and Mrs. Ticker at your favorite Baltimore-area restaurant? If so, try to win our 1993 Dow Jones forecasting contest. It's free and fun.

And if you're the runner-up, you'll have lunch as our guests. The next five closest crystal ball gazers will receive new best-seller financial books, average price $25.

To enter, send your prediction for the Dec. 31, 1993, Dow Jones closing figure on a postcard (no letters accepted) to Julius Westheimer, Ticker Contest, Business News, 5th floor, the Baltimore Sun, 501 N. Calvert St., Baltimore 21278-0001.

Print your number (no decimals), name, address and home phone number. Give reasons if you wish, but they are not required. One prediction per person, and a coin flip unties ties. Your postcard must be postmarked by midnight Sunday, Jan. 24.

Don't be afraid to try. One recent winner told me that he neve heard of the Dow Jones average -- his mother told him to enter and he picked a number out of thin air --

and several recent winners picked grandmother's birthday, son-in-law's house number, etc., etc.

To guide you, here are 1993 year-end "expert" Dow Jones predictions, ranked by optimism:

Rich Dubroff, "Wall St. Week" producer 4016

Gail Dudack, technician .. .. .. .... 3740

Barry Salzman, Gruntal mgr. .. .. ... 3730

Frank Cappiello, inv. adviser .. .. .. 3700

Carter Randall, inv. couns. .. .. .. . 3680

Allan Prell, WBAL talk host .. .. .. . 3666

Manuele Wasserman, Prudential Securities ..3648

Larry Adam, Dean Witter .. .. .. 3636

Sig Shapiro, customs broker ... .. 3636

Eddie Brown, inv. adviser .. .. .. 3630

Bruce Elliott, WBAL Radio .. .. .. 3627

Mark Dyer, winner in 1991 .. .. .. 3610

Morry Zolet, Ferris Baker Watts .. .. .. 3576

R. Barbarita, manager, PaineWebber

brokerage .. .. .. 3575

David Clogg, manager, Chapin, Da- vis brokerage .. .. .. 3568

James Hardesty, Mercantile .. .. .. 3551

John Dessauer, newsletter pub. .. .. .. 3550

George Collins, chief executive, T. Rowe Price .. .. .. 3532

Mrs. Ticker .. .. .. 3500

Geo. Pinsch, my barber .. .. .. 3500

Alan Walden, WBAL radio newscaster .. .. .. 3500

Chris Poindexter, CEO, BG&E .. .. .. 3499

Louis Goldstein, Md. state comptroller .. .. .. 3475

Jack Wasserman, real estate devel oper .. .. .. 3456

Debbie Berenholtz, hygienist .. .. .. 3450

Mathias DeVito, CEO, Rouse .. .. .. 3450

Rich Palmer, Alex. Brown .. .. .. 3432

Myron Oppenheimer, Md. Natl. .. .. .. 3425

Tom Marr, WCBM radio, winner in 1992 .. .. .. 3422

Michael Meredith, Merrill Lynch brokers .. .. .. 3419

Robert Wood, inv. adviser .. .. .. 3412

Geo. Ferris Jr., my boss .. .. .. 3400

Dr. Jeffrey Schein, my dentist .. .. .. 3350

Andy Barth, Channel 2 .. .. .. 3333

Fortune Teller, Pratt St. ($20) .. .. .. 3333

Bob Fisher, Legg Mason .. .. .. 3311

Denise Koch, Channel 13 news an chor .. .. .. 3310

Pete Colhoun, inv. couns. .. .. .. 3300

Jos. R. L. Sterne, Sun editor .. .. .. 3221

Liz O'Neill, Channel 11 anchor .. .. .. 3178

Carolyn Walpert, my secretary for 31 years .. .. .. 3150

Mr. Ticker .. .. .. 3075

Rob Brown, inv. strategist .. .. .. 2828

Jim Grant, newsletter writer .. .. .. 2650

TO HELP YOU: Closest forecasters in our "expert" group last year were, in order, Tom Marr, Larry Adam, Barry Salzman, Andy Barth, Dick Barbarita, James Hardesty, Manuele Wasserman and Jeffrey Schein. For 1991, the closest were Mark Dyer and Dr. Schein. For their 1993 predictions, see above. . . . For more guidance, watch "Wall Street Week With Louis Rukeyser" Friday night on the topic, "What Wall Street Expects from Clinton." . . . For the best stock market magazine reading, I suggest Money magazine, Kiplinger's Personal Finance Magazine, Forbes and Barron's. . . . Several good books are "One Up On Wall Street" by Peter Lynch, "A Fool and His Money" by Jon Rothchild and "Sylvia Porter's Money Book." . . . Top TV financial shows are CNN's "Moneyline," PBS' "Nightly Business Report," CNBC's "The Money Wheel" and the above-mentioned "Wall Street Week."

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