admin dynamic sleect box

ok…relatively new to wordpres plugin development…and php dev for that matter. making a little since of this stuff tho…

not having any luck with getting a <select box to populate from values in a table…any help would be greatly appreciate…here is code.

<table width="50%" cellpadding="10" cellspacing="10" border="0">
		<tr>
			<td>Select Tournament:</td>
			<td><select name="tournamentid"><?php
			$results = $wpdb->get_results("select * from wp_tournamentmanagertournaments");
			foreach($results as $result)
				{
			echo "<option value=\"".$results->tournamentid."\">".$results->tournamentname."</option>\n  ";
			echo "<option value='1'>1</option>";
				}
			echo "</select>";
}
?></td></tr>
	</table>

getting select box with one option per row coming out of database as well as a 1 option..but no value or text in the box or the label.

thanks in advance.