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The Honolulu Advertiser
Posted on: Thursday, June 12, 2008

Calif. students dominate stock-market contest

By Pablo Lopez
McClatchy-Tribune News Service

FRESNO, Calif. — Move over, Donald Trump — a group of Roeding Elementary School students in Fresno, Calif., wants to take your seat in the world of high finance.

Students in Laura MacBride's classroom recently swept the elementary division of the Stock Market Game, a simulated competition of buying and trading stocks that attracted more than 1,200 students from 22 counties in the region.

Three teams in MacBride's class invested in such companies as Google, MasterCard and Baidu.com — China's top Internet search engine — to post hypothetical net gains of $23,027, $22,551 and $19,654 in a 10-week period. Their earnings took first, second and third place in the division for fourth- through sixth-graders.

Organizers said Roeding's first- and second-place scores also were high enough to win the middle school and high school divisions.

"It was pretty exciting to see these kids put their brains to work," MacBride said. The students won gift certificates from Barnes & Noble bookstore.

The Stock Market Game is an educational program offered by the Foundation for Investor Education.

The game transports students, via the Internet, into the world of investing while they learn basic concepts in math, finance, reading and research, said Maria Suggett, SMG's western regional director.

For the contest, each team received a hypothetical $100,000 to invest. The first-place team of Annissa Hernandez, 11, Mercedes Rangel, 9, and Lynnette Lopez, 10, invested in a dozen companies, including Google, MasterCard and www.Baidu.com.