RELEASE ON RECEIPT





INVESTMENT CLUB SUCCESS LETS STUDENTS GIVE BACK TO U.VA.
EVEN BEFORE THEY GET REAL JOBS

        CHARLOTTESVILLE, Va., Oct. 15 -- University of Virginia students 
learning how to manage money gave a $25,000 check recently to the McIntire 
School of Commerce's scholarship fund, returning part of the profits from 
their successful securities investments to the school.
        Through the McIntire Investment Institute, established in 1995 with 
a $100,000 gift from U.Va. alumnus John Griffin ('85, Commerce), 
undergraduates at the Commerce School have been able to study the ins and 
outs of financial investment by managing real money. And the results have 
been good. Over the past two years, their initial investment of $100,000 has 
grown to $180,000.
        It was part of this money that fourth-year Commerce student David 
Hang, the investment club president, handed to Carl Zeithaml, dean of the 
McIntire School, at the McIntire Investment Institute's Third Annual Round 
Table Discussion, held recently on Grounds.
        The McIntire Institute is one of many such programs at business 
schools around the country where students manage money as part of their 
education. Some students act as security analysts, researching companies, 
markets and products. They present the fruits of their research to a board of 
fund managers, also students, who make the investment decisions.
        The McIntire portfolio currently has 16 stocks, including such 
well-known corporate names as Intel Corp., the Travelers Group and Cisco 
Systems Inc.
        Participating in the Round Table Discussion, and offering advice to 
the students, were a small group of successful investors: Ted Weschler, 
partner, Quad-C Capital Inc.; Tom Humphreys, portfolio manager, Shadwell 
Partners; Rick Gerson, analyst, Blue Ridge Capital L.L.C.; and Griffin, 
president, Blue Ridge Capital.

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                                                          October 14, 1997

        For more information about the McIntire School, call Denise Forster 
at (804) 924-7005. For more information about the McIntire Investment 
Institute, call faculty advisor Richard F. DeMong at (804) 924-3227.  
Television reporters should contact our TV News Office at (804) 924-7550.