Giuliani Move Affects Reporter's IEM Portfolio

A reporter invested $500 in the IOWA ELECTRONIC MARKETS, hoping to learn about the stock market, become a more informed voter and make money. He bought 564 Rudy Giuliani shares, believing the candidate's strategy of skipping the early contests and emerging strongly from a crowded field coming out of Florida would work, but ended up selling his entire Giuliani stake for two-tenths of a cent per share. The reporter notes that he exchanged e-mails with GARY FETHKE, former interim president of IEM host University of Iowa, who wished him well and provided insight about how the IEM works.