🚀 go-pugleaf

RetroBBS NetNews Server

Inspired by RockSolid Light RIP Retro Guy

Thread View: alt.internet.media-coverage
1 messages
1 total messages Started by Lawrence Cotter Mon, 04 Aug 1997 00:00
Favre, Griffey Traded!
#145
Author: Lawrence Cotter
Date: Mon, 04 Aug 1997 00:00
89 lines
4798 bytes
FOR IMMEDIATE RELEASE

EDITORIAL CONTACT:

Lawrence M. Cotter
Wall Street Sports
Phone: 	864.281.9432
E-mail: 	LMCotter@worldnet.att.net
URL:	http://www.wallstreetsports.com


Favre, Griffey Traded!

Trading Officially Begins on the Newly Created Wall Street Sports� Stock
Market

Simulated Sports Stock Market Allows Sports Fans to Build and Manage Stock
Portfolios by Trading Shares of Their Favorite 
Professional Athletes


Mauldin, SC, August 4,, 1997 �� Wall Street Sports� announced today that
active trading has begun on the newly created Wall Street Sports Stock
Market.  A first-of-its-kind, all-sports stock market, Wall Street Sports�
provides members a full-service platform to build and manage dynamic stock
portfolios by trading shares of their favorite athletes.  

"Wall Street Sports is a unique and innovative sports stock market which
combines the exciting mixture of professional sports with the challenge of
Wall Street,"  said William Carey, Vice President and Chief Operating
Officer of Wall Street Sports.   "Currently, members have the ability to
set up a diversified portfolio of athletes competing in football,
basketball, baseball, hockey, and golf, with future expansion into other
sports planned."  

"We are enthusiastic about the completion of the Wall Street Sports Stock
Market Model and web site," stated Lawrence Cotter, President and CEO of
Wall Street Sports. "We officially launched on-line stock trading on July
1, 1997 and to nobody's surprise, Ken Griffey Jr. (WSS: GRIF) and Michael
Jordan (WSS: JORD) were among the most actively traded stocks." 

Griffey's stock price soared to $69.25 from his Initial Public Offering
price of $47.00 due to market speculation that he would break Roger Maris'
home run record.   His stock price has recently dropped back to $64.00 as
members sell-off shares to realize gains.     

Favre's stock price rose to an all-time high of $61.50, a $6.50 (11.8%)
gain from his $55.00 Initial Public Offering price, as he signed a contract
extension that will keep him in Green Bay for some time to come.    

"Wall Street Sports members take their sports very seriously.  The near
real-time aspects of Wall Street Sports are essential," added Cotter. 
"Accordingly, on July 10th we introduced the Wall Street Sports Daily�, an
on-line publication that provides members with all of the sports news and
information needed to make informed investment decisions."

Features and Member Benefits
Wall Street Sports members have a variety of unique tools available to them
through the web site including:

�	Free subscription to the Wall Street Sports Daily� on-line periodical 
�	Scouting reports for all athletes listed on the Wall Street Sports Stock
Market 
�	On-line trading desk with real-time confirmation
�	Automated portfolio management and member standings 
�	Competition and interaction with other Wall Street Sports members
�	Prizes consisting of cash, sports memorabilia and other sports related
items
�	Free registration and trading for a limited time.  

In August 1997, Wall Street Sports will introduce its first promotional
partner who will provide members with discounts on all types of sports
related merchandise.  �We are also looking to enhance membership benefits
through additional strategic partnerships. Product or service partners who
complement Wall Street Sports will add value for our members,� added Carey.

About Wall Street Sports
WSS operates a simulated sports stock market where athletes have been
transformed into securities. A member's objective is to build and manage a
successful portfolio by buying and selling shares of professional athletes.
 By managing a successful portfolio, members win money, prizes, and
recognition. Wall Street Sports also publishes an on-line sports
periodical.  Registration and trading are free for a limited time.  For
more information, contact Wall Street Sports via e-mail at
WSS@wallstreetsports.com or via the World Wide Web at
http://www.wallstreetsports.com.  

#  #  #
Thread Navigation

This is a paginated view of messages in the thread with full content displayed inline.

Messages are displayed in chronological order, with the original post highlighted in green.

Use pagination controls to navigate through all messages in large threads.

Back to All Threads