Trippi,
Here is some Magic 25 News.
Tuesday December 16, 5:39 pm Eastern Time
Company Press Release
SOURCE: Individual Investor Group, Inc.
Individual Investor Magazine Announces Five 'INDI' Winners From 1997
Record Number of 100% Stock Gainers Cap Stellar Year; 'Magic 25' Index rises 32.1%
NEW YORK, Dec. 16 /PRNewswire/ -- Individual Investor magazine, one of the fastest growing personal finance magazines and a subsidiary of the Individual Investor Group, Inc. (Nasdaq: INDI - news) today announced its five ''INDI'' winners for 1997. Now in its third year, the ''INDI'' award was created to recognize the few select companies picked in Individual Investor's special ''Magic 25'' list which demonstrated 100+% returns in their stock value during the 12-month period. Representing the most winners in a single year, the ''INDI'' awards will be presented during a December 16th ceremony to be held at Individual Investor's offices.
This year's roster of winners include:
-- BioTime (Nasdaq: BTIM
-
news) - A Berkeley, California-based biotech firm
that produces Hextend, a blood-substitute transfusion fluid: 291.1%
rise.
-- Lone Star Technologies (Nasdaq: LSST
-
news) - A Dallas-based holding
company that produces oil-field and industrial products: 102.3% rise.
-- Nice Systems (Nasdaq: NICEY
-
news) - A Tel Aviv, Israel-based digital
communications manufacturer: 109.5% rise.
-- Theragenics (Nasdaq: THRX
-
news) - A Norcross, Georgia-based biotech company
that produces TheraSeeds, a prostate-cancer fighting substance: 120.5%
rise.
-- THQ (Nasdaq: TOYH
-
news) - A Calabasas, California-based video game
manufacturer: 157.3% rise.
Overall the ''Magic 25'' index rose 32.1% for the year. During the same time period, the S&P 500 index rose 28.4% and the Russell 2000 index rose 25.9%. Over the past six years Individual Investor's ''Magic 25'' group of stocks has averaged annual returns of 27.3% more than doubling the S&P 500 average over the same period.
''The 'INDI' was created for the purpose of recognizing companies which have demonstrated exceptional financial growth and rewarded their investors as well,'' said Jonathan Steinberg, editor-in-chief of Individual Investor. ''We are very excited to be presenting this award to five companies this year, the most ever for any 12-month period.''
Individual Investor Group, Inc. is an information services company that publishes and markets Individual Investor magazine (circulation 500,000), Individual Investor Online (http://www.iionline.com), Individual Investor's Special Situations Report and Ticker magazine.
SOURCE: Individual Investor Group, Inc. |
