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October

“How to” Presentations on Publishing, Stock Tips to be Held at UF
Friday, October 28, 2005

Oct. 28, 2005, Findlay, Ohio – Two business professors at The University of Findlay will address book publishing and Internet stock tips Wednesday, Nov. 9 at 3 p.m. in Winebrenner Theological Seminary, TLB Convocation Center.

Dr. Quentin R. Skrabec, Jr., assistant professor of business, will present “A Look at Publishing Books for Academia.” His presentation will cover the necessary steps for publishing a successful book and gaining from the experience. Skrabec has published four books on business and management, two books on industrial history and one on literature and religion. In March 2006, his biography on Mike Owens and the glass industry will be published, along with a textbook on operations management in June 2006.

Dr. Joon-Young Song, assistant professor of finance, will present his paper, “A Computational Algorithm for the Joint Behavior of Stock Prices and Volume: The Case of Internet-Posted Recommendations.” According to Song, Internet-posted stock recommendations from websites such as Yahoo! Finance appear to initiate significant abnormal returns for at least five weeks after the announcement. Song developed a conceptual algorithm, called Selling Pressure, to fully exploit market information by combining both past price changes and volume. “Empirical test results show that stocks selected by the model appear to perform on average capital gain of 4.28 percent to 9.28 percent for five weeks,” Song explained.

For more information on this free, public event, call 419-434-4539.