Secondary school students on par with Bay Street traders

Secondary school students across the Greater Toronto Area have put their knowledge of the stock market to the test. After competing in the bi-annual InvestYoung Online Stock Market Competition, two students from Loyola Catholic Secondary School in Mississauga, Ontario have earned first place in this competition which was launched in fall 2003 by Investors of Tomorrow.

MISSISSAUGA, Ontario (PRWEB) May 18, 2004 ---Investors of Tomorrow -- Secondary school students across the Greater Toronto Area have put their knowledge of the stock market to the test. After competing in the bi-annual InvestYoung Online Stock Market Competition, two students from Loyola Catholic Secondary School in Mississauga, Ontario have earned first place in this competition which was launched in fall 2003 by Investors of Tomorrow.

The InvestYoung Online Stock Market Competition lies on the cutting edge of technology and education, giving students hands-on experience to acquire financial literacy. Students are given the opportunity to invest $100,000 Canadian dollars in stocks on major North American exchanges over two three-month sessions in order to gain experience and knowledge about the stock market, economics, and financial literacy. Ticker Technologies Inc. of Glen Head, New York is the primary technology sponsor of the competition.

Over 200 students across the Greater Toronto Area participated in the inaugural session of the InvestYoung competition, which began on October 6, 2003 and concluded on January 16, 2004. The number of participants grew to include nearly 400 students in the second session which ran from February 16, 2004 to May 14, 2004. Among the secondary schools that had participating students were Gordon Graydon Memorial, Loyola, Streetsville, Turner Fenton, Woodlands, Erindale, John Fraser, Rick Hansen, and the Ontario Science Centre School.

The winner of the competitions first session, Timothy Chung, ended with a portfolio value of $157,363, an over 57 percent gain in only twelve weeks. Chung managed to capitalize in a bull market through carefully selected long positions in the technology and financial sectors. Chung is a grade twelve student at Loyola Catholic Secondary School and also serves as the Branch Manager of Investors of Tomorrow at his school.

Another grade twelve Loyola student and Investors of Tomorrow member, Neil Ip Fook Shing, also finished first in the second session, with a portfolio value of $165,179, the largest return in the competitions history. As the markets began to retreat from highs reached early this year, Shing implemented a strategy of numerous short positions to profit from the pullback in stock prices.

We focus on extending financial literacy to youth because we believe it is an important life skill that is often neglected," says Andrew Tai, chief executive of Investors of Tomorrow. The achievements of these students are a testament to what youth can accomplish if given the opportunity."

This years top competitors are:

Session 1 (October 6, 2003 to January 16, 2003):
1. Timothy Chung - $157,362.51 - Loyola Catholic Secondary School
2. Zeenat Haq - $148,051.77 - Streetsville Secondary School
3. Andre Diaz - $137,615.87 - Loyola Catholic Secondary School

Session 2 (February 16, 2004 to Friday, May 14, 2004):
1. Neil Ip Fook Shing -- $165,179.30 -- Loyola Catholic Secondary School
2. Siddhartha Sethi - $125,832.90 -- Gordon Graydon Memorial Secondary School
3. Greg Murphy - $117,053.60 -- Loyola Catholic Secondary School

The top competitors of the InvestYoung Online Stock Market Competition will be recognized at an Awards Presentation at Gordon Graydon Memorial Secondary School on May 19, 2004, which will be held following a keynote address by Wayne Gibson and Garry Kwan, Investment Advisors from BMO Nesbitt Burns. Gibson and Kwan will be speaking to secondary school students from grades 9 to 12 about investments, the stock market, careers in the financial sector, and the importance of financial literacy in youth.

About Investors of Tomorrow:
Investors of Tomorrow is headquartered at Gordon Graydon Memorial Secondary School in Mississauga, Ontario. The organization, a Canadian Registered Charity, was created with a vision to better inform today's youth about the world of investing and finance. Investors of Tomorrow educates students through simulated stock market competitions, guest speakers and workshops by experienced industry professionals, and online and print resources. With the launch of the organization's uniquely developed InvestYoung Online Stock Market Competition and Forum of which hundreds of students in Canada are involved, Investors of Tomorrow is on the leading edge of innovation in educating today's youth about the importance of saving and investing. Currently, our operations serve nearly 500 students in eight secondary school branches in the Greater Toronto Area. Ticker Technologies Inc. of Glen Head, New York is the primary sponsor of the InvestYoung Online Stock Market Competition. For more information, visit http://www.investyoung.org.

Contact: Andrew Tai, Chairman & CEO

Phone: (416) 889-8282
Fax: (905) 568-0699
Email: inquiries@investyoung.org
Web Site: http://www.investyoung.org

Investors of Tomorrow Main Branch
Gordon Graydon Memorial Secondary School
1490 Ogden Avenue
Mississauga, ON L5E 2H8

###