'94 Dow forecasting contest begins

The Ticker

January 11, 1994|By Julius Westheimer

Speaking of the stock market, how would you like to have dinner for two as guests of Mr. and Mrs. Ticker at your favorite Maryland restaurant? If you would, try to win our 1994 Dow Jones forecasting contest.

And if you're the runner-up, you will have lunch with us as our guests. The next 10 closest crystal ball gazers will receive best-seller financial books, average price $25.

To enter, send your prediction on a postcard (no letters accepted) for the 1994 year-end Dow Jones closing average. Mail the card to Julius Westheimer, Ticker Contest, Business News Department, 5th floor, The Baltimore Sun, 501 N. Calvert St., Baltimore 21278.

Print your whole number (no decimals), name, address and home phone number. Give reasons if you wish, but they are not required. Only one prediction per person, and a coin flip breaks ties. Your postcard must be postmarked by midnight Jan. 30.

Don't be afraid to try. Several years ago a man who never heard of the Dow Jones average mailed in the winning forecast.

To guide you, here are 1994 year-end predictions, ranked by optimism, by local bankers, brokers, investment advisers, civic leaders, corporate chief executive officers, media stars, etc.:

Bob Lopez, 98 Rock .. .. .. .. .. .. .. ....4,549

Ron Smith, WBAL talk host .. .. .. .. .. ...4,457

Keith Girard, Warfield's ed. .. .. .. .. .. 4,400

G. Collins, CEO T.R. Price .. .. .. .. .. ..4,333

Craig Lewis, Inv. Couns. Md .. .. .. .. .. .4,314

Gail Dudack, closest in '93 .. .. .. .. .. .4,250

Eddie Brown, inv. adviser .. .. .. .. .. .. 4,230

Morry Zolet, Certif. Fin. Pl .. .. .. .. .. 4,224

Nate Chapman, Chapman Co .. .. .. .. .. .. .4,200

Larry Adam, Dean Witter .. .. .. .. .. .. ..4,170

Ed Hale, CEO, Bank of Balto .. .. .. .. .. .4,100

Rhoda Dorsey, pres., Goucher .. .. .. .. .. 4,100

David Clogg, Chapin, Davis .. .. .. .. .. ..4,092

John Saxton, CEO, Noxell, P/G .. .. .. .. ..4,080

Chris Poindexter, CEO, BG&E .. .. .. .. .. .4,050

James Hardesty, Merc. Safe .. .. .. .. .. ..4,049

Tom Marr, WCBM talk host .. .. .. .. .. .. .4,044

Jos. Sterne, Sun edit. chief .. .. .. .. .. 4,021

"Pete" Colhoun, inv. couns .. .. .. .. .. ..4,015

Allan Prell, WBAL talk host .. .. .. .. .. .4,001

B. Thomas, CEO McCormick .. .. .. .. .. .. .3,995

Carter Randall, Wall St. Week .. .. .. .. ..3,995

Mark Dyer, Ferris Baker Watts .. .. .. .. ..3,980

Bruce Elliott, WBAL talk host .. .. .. .. ..3,950

Manuele Wasserman, P-Bache .. .. .. .. .. ..3,950

Mike Meredith, Merrill Lynch .. .. .. .. .. 3,939

R. Barbarita, PaineWebber .. .. .. .. .. .. 3,920

Frank Cappiello, fund CEO .. .. .. .. .. .. 3,920

Rich Palmer, Alex Brown .. .. .. .. .. .. ..3,912

Robert G. Wood, inv. couns .. .. .. .. .. ..3,900

Louis Goldstein, Md. Comptr .. .. .. .. .. .3,900

Dorrit Westheimer, Mrs. Ticker .. .. .. .. .3,870

M. Oppenheimer, Sec. Trust .. .. .. .. .. ..3,842

Fortune Teller, Pulaski Hwy .. .. .. .. .. .3,777

Mr. Ticker, (too low in '93) .. .. .. .. .. 3,750

Liz O'Neill, WBAL-TV anchor .. .. .. .. .. .3,721

Dr. Jeffrey Schein, my dentist .. .. .. .. .3,650

Martin Zweig, newsletter ed. .. .. .. .. .. 3,625

Barry Salzman, Gruntal mgr .. .. .. .. .. ..3,620

Mary Junck, Sun publisher .. .. .. .. .. .. 3,600

Mathias DeVito, CEO Rouse .. .. .. .. .. .. 3,600

Jack Wasserman, RE exec .. .. .. .. .. .. ..3,581

Gerald Merrell, Sun bus. ed. .. .. .. .. .. 3,580

George Pinsch, my barber .. .. .. ... .. .. 3,500

Carolyn Walpert, my sec'y .. .. .. .. .. .. 3,450

Rich Dubroff, Wall St. Week .. .. ... .. .. 3,413

Andy Barth, WMAR-TV .. .. .. .. .. .. .. .. 3,333

M. Shattuck, CEO A. Brown .. .. .. .. .. .. 3,300

Robert Fisher, Legg Mason .. .. .. .. .. .. 3,300

Denise Koch, WJZ-TV anchor .. .. .. . .. .. 3,250

Rob Brown, inv. analyst .. .. .. .. . .. .. 2,907

TO HELP YOU: The closest "expert" forecasters last year were, in order, Gail Dudack, Barry Salzman, Frank Cappiello, Carter Randall and Allan Prell. Their '94 predictions are included in the list above. . . . For more guidance, watch "Wall Street Week With Louis Rukeyser" and Lou Dobbs' "Moneyline." Also, read Barron's, Money, Kiplinger's Personal Finance magazine and Forbes . . . Several excellent books are "The Intelligent Investor" by Benjamin Graham, "A Fool and His Money" by Jon Rothchild and "One Up on Wall Street" and "Beating The Street" by Peter Lynch . . . Reminder: Your fourth-quarter estimated 1993 income tax returns and payments must be postmarked by midnight Tuesday, Jan 18. In view of higher 1993 rates, you may wish to amend your estimate; see your accountant or tax preparer.

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