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To: Bald Man from Mars who wrote (3137)	11/3/1998 9:44:00 AM
From: Dorine Essey	Read Replies (1) \| Respond to of 8307

) Business Wire MARKETPLAYER WINNER SHORTS INTERNET STOCKS TO REALIZE 66.1% GAIN AND TO WIN HEDGEHOG COMPETITION BUSINESS EDITORS GREENWICH, CONN.--(BUSINESS WIRE)--NOV. 2, 1998-- -- MARKETPLAYER ANNOUNCES NOVEMBER GREENWICH, Conn.--(BUSINESS WIRE)--Nov. 2, 1998-- -- MarketPlayer Announces November Tournament Schedule -- Gutsy shorting of Internet stocks enabled grad student Jacob Eliosoff to win the Money$earch HedgeHog stock market competition. Some of the stocks involved included like Ebay (NASDAQ: EBAY.O), N2K (NASDAQ: NTKI.O) , Egghead.Com (NASDAQ: EGGS.O), and RealNetworks (NASDAQ: RNWK.O), and Trump Hotels & Casino Reports (NYSE: DJT.N). Making more than 60 short sales and buys, Mr. Eliosoff was able to realize a 66.1% gain from September 25 to October 23. In that same time, the S&P 500 index was -2.6 percent. MarketPlayer is the one of the most real life stock market competitions, which allows players to short stocks. Shorting stocks is the selling of securities that are not actually owned by the seller. In making the short sale, the seller looks to cover by buying back the sold items at a lower price and earn a profit. "My all-short portfolio shot up during the market plunge early in the month and then Applied Graphics (NASDAQ: AGTX.O) dropped 47% the day after I shorted it," said winner Elisofoff. "My approach is to pick a strategy, usually a screen, and stick rigorously to it for a while. If it seems to do well I try to make it a bit better. Sometimes it does really badly, so I reverse it!" MarketPlayer also announced the schedule for its three upcoming contests. The Money$earch competition is set for November 6. Following that will be the invest-o-rama contest which is set for November 20, followed by the Investor Guide contest, which starts December 4. Headquartered in Greenwich, Connecticut, Paradigm Investment Services, Inc. owns and operates www.MarketPlayer.com, a leading provider of analytical equity market research products and services targeted to all levels of individual investors. MarketPlayer.com helps individual investors to build, track, and test their quantitative investment strategies through the use of its stock screening, charting and MarketWatch quote services, and through active participation in its monthly HedgeHog stock competition, a simulated stock trading game widely recognized as the best stock competition application on the Web. --30--eb/ny* CONTACT: Peter Collins Rubenstein Associates (212) 843-8050 or Richard Wada Paradigm Investment Services (203) 869-5789 -