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Stock market game workshop scheduled

A free workshop regarding the South Dakota Stock Market simulation game will be held Feb. 11 at 1 p.m. in Jonas Hall room 305 on the campus of Black Hills State University. The stock-market game will begin Monday, Feb. 14 and will run through the close of trading Friday, April 21.

The stock-market simulation is played on the internet and a current e-address is required. According to Don Altmyer, SDSMS coordinator and BHSU professor, the new homepage <sdakotasms.com> provides various data bases which provide students information about a particular company or industry. Altmyer said, "By inputting a stock symbol for a company, the students are able to instantly download and print out that company's balance sheet and income statement."

In the SDSM simulation, teams of students invest $100,000 in "play" money in a portfolio of stocks and mutual funds. By researching stocks on line and learning

 

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about the impact of current economic events on certain businesses, the students decide which stocks to buy and sell at their discretion. Students participating in the simulation are advised by a teacher in their school or by a local investment professional in their community.

The students develop skills in math, computers, economics, business and in critical thinking through the researching and group collaboration involved in the stock selection and tracking experience. The teams compete for cash and prizes in the following divisions: elementary/junior high, high school, college and an adult division. The cost to participate in the simulation is $15 per team.

If you are interested in participating, sponsoring or learning more about the simulation, visit the website or contact Altmyer at 642-6266 or the Center for Business and Entrepreneurship at 642-6091.