Bernie Schaeffer, 2002 BusinessWeek Market Forecast Winner, to Appear Live on Corporate Strategies with Tim Connolly" January 5th at 9:10PM EST

Mr. Schaeffer recently won the 2002 BusinessWeek Market Forecast for most accurately forecasting year-end levels for the Dow Jones Industrial Average, the NASDAQ Composite and the S&P 500.

HOUSTON, TEXAS --Friday, January 3, 2002
Bernie Schaffer, Chairman and CEO of Schaeffers Investment Research, Inc. and author of The Option Advisor: Wealth-Building Techniques Using Equity and Index Options will appear live on Corporate Strategies with Tim Connolly" this Sunday night at 9:10 PM EST. Mr. Schaeffer recently won the 2002 BusinessWeek Market Forecast for most accurately forecasting year-end levels for the Dow Jones Industrial Average, the NASDAQ Composite and the S&P 500. The interview can be heard live on www.businesstalkradio.net or on over 275 local affiliates nationwide. Listeners may call Mr. Schaeffer toll free at 1-877-266-7469 with questions or comments. This hour of Corporate Strategies with Tim Connolly" is hosted by Tim Connolly of Corporate Strategies Merchant Bankers and Senior Vice Presidents Scott Eisler and Michael Kravitz of Wachovia Securities.

About Bernie Schaeffer
Timer Digest ranks Mr. Schaeffer as the #1 Long-term Market Timer for the last three years and the #5 intermediate Market Timer for the last decade among more than 100 of the nations top market timers. He is also rated as the #1 Gold Timer for the last 10 years. Mr. Schaefer is a CNBC Market Maven and regularly appears on CNN, The Nightly Business Report, Bloomberg Television, Fox News Channel and has also been interviewed on Wall Street Week with Fortune and ABCs World News Now. His views on the stock market and the economy are regularly quoted in The Wall Street Journal, The New York Times, Business Week, Investors Business Daily, and USA Today. Mr. Schaeffers award-winning website, SchaefferResearch.com, provides daily market analysis and commentary, sentiment research and education, and trading tools for stock and option investors. Both Forbes magazine and Barrons has recognized the site as the top options website.

Corporate Strategies with Tim Connolly" is live talk radio...with the Titans of Business who move financial markets! The show is hosted by Tim Connolly, CEO of Merchant Banker Corporate Strategies, Inc. The Executive Producer of Corporate Strategies with Tim Connolly" is broadcast news veteran Jan Carson, an award winning journalist with more than 20 years experience as a top rated television news anchor and reporter for NBC, ABC and CBS network affiliates. Corporate Strategies with Tim Connolly" features financial experts from across the nation providing the latest intelligence on equities, income investments, and a variety of risk, equity and option strategies. Noted Economist Mike King of Princeton Research provides live technical analysis for the show.

About Wachovia Corporation, Scott Eisler and Michael Kravitz
Co-hosts Scott Eisler and Michael Kravitz are Senior Vice Presidents of Wachovia Securities. Wachovia Corporation (NYSE:WB), created through the September 1, 2001, merger of First Union and Wachovia, is a leading provider of financial services to 20 million retail, brokerage and corporate customers throughout the East Coast and the nation. Its four core businesses are: the General Bank, Capital Management Group, Wealth Management Group and the Corporate and Investment Bank. As of June 30, 2002, Wachovia had $325 billion in assets, a market capitalization of $52 billion, and stockholders equity of $30 billion Wachovia Corporation is the fourth largest bank holding company based on assets and Wachovia Securities is the fifth largest broker-dealer in the United States.