Newspapers / Elon University Student Newspaper / Sept. 17, 1998, edition 1 / Page 7
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mews |Elon*s finances in the hands of students September 17,1998 Hi’ 01 Amy Medders ed Contributing Reporter if ^ I Seniors lucky enough to be ^gl^^volved with the Jefferson-Pilot ’ investment program get to play with Elon’s money. Thirty thousand dol- ^lars worth of Elon’s money, to be ' .exact. Qj The class of fifteen seniors iWas chosen last spring to partici- ^pate in the yearlong program that allows them to invest Elon’s money any way they choose. Designed to be a hands-on peiexperiment which aligns itself with j})(Elon’s goal of experiential learn ing, the four-year-old program al- ^|lows students to become money j,gpianagers while putting their skills and knowledge to work for Elon. “This is our way of telling .gjstudents who have studied econom ics, finance and business for three j^ears, this is your chance to use Igjyour experience. This is real -jyrnoney, Gerald Francis, provost, ,repaid. ini Students involved are respon sible for tracking the six stocks cur- jjfently owned and evaluating them ^^^nd other potential purchases, refi the class' goals this gj^year is to diversify the stock portfo- ^yjio without losing money. 2l “We are trying to predict the ^gjjTiarket and how our stocks will ^jjrare,” senior John Harrison said. Throughout the semester j^jlTiembers are responsible for assess- ,^j(ng the current stocks for their long- ;erm potential and to make several presentations. In their final presentation to the Board of Trustees, the students will present their portfolio, how it has changed and why the changes occured. At this stage, the class is just beginning to evaluate stocks and make preliminary decisions. Harrison and partner Michael Cody, who are responsible for evalu ating thg Halliburton stock at a high price, said that what was a bad move on their part. “We expect the price to in crease and will keep it for a while longer,” Harrison said. The original $30,0Q0 for the program was part of a half million dollar grant to Elon College’s En dowment Fund by the Jefferson- Pilot Corporation. The program’s earnings go back into the fund and help pay the salaries of Jefferson-Pilot Profes sors such as Thottias Tiemann. Francis said the program earn ings have been as good or better than the college's other endowment investments. Tiemann, director of general studies, was instrumental in getting the investment program started with the business schools portion of the grant. He also helped plan the Jefferson-Pilot Fellows program that was started this school year for freshmen. “There are about 20 fresh men fellows who will participate in this program (during) their four years at Elon,” Tiemann said. “It is sort of a m?ni honors program for business.” IS ERRIC 8 Huffman Mill Shopping Center (Next to Wal-Mart) 538-0805 We deliver with a $10 minimum purchase! Italian Restaurant & Pizzeria New York Style Pizza, Subs & Pasta Authentic Italian Southern Cuisine Monday Special; Slice of cheese pizza with the purchase of a mug of beer —$1.68 I* Thursday Special: Purchase of a basket of 8 wings with a cool ^ pitcher of beer —$6.99 Sunday Special: Large pizza With topping and a cool pitcher of beer—$12.99 Come watch your favorite teams on T.V. while eating at Errichiello's! Part time jobs available. Grants allow AHA to serve 1 Photo Submitted/The Pendulum Alpha Xi Delta members and staff of Little Andrews Nursery with a check recieved for a Choose Children grant. L-R Bonita Brow and April Bradsheer of Little Andrew's and Jessica Chatham and Lisa LaRosa of Alpha Xi Delta. Lisa McChristian The Pendulum The Alpha Xi Delta sorority is reaping the benefits of two $500 grants it recently received. One grant was awarded to the Elon College chapter and the other was awarded to AHA mem ber and PanHellenic president Sh annon Russell. AHA has given the money from its grant to Little Andrews Daycare. The sorority's philanthropy is “Choose Children.” A5A participates at Little Andrews throughout the year with events such as Easter egg hunts and by helping with Halloween activi ties. This is the first philanthropy grant for which AHA has applied. President Lisa Larosa said she feels that getting this first grant is “giving the chapter incentive to ap ply for different grants.” Russell was awarded the Dor othy Clarkson Dodd Educational PanHellenic Grant. This grant will be used to bring nationally-renowned speaker Katie Koestner to Elon’s campus for “Break the Silence Week.” Koestner is a date-rape survi vor and sexual-assault prevention educator. In 1993 she worked with HBO to create the docudrama “No Visible Bruises: the Katie Koestner Story.” She has presented programs to hundreds of thousands of stu dents at more than 500 colleges, high schools and military institu tions. Koestner will be working with Brett Sokolow, a sexual assault awareness peer educator who has worked for six years with college men all over the country. Together Koestner and Sokolow have worked on the development of federal sexual assault legislation and co-authored two books. They will present a program called “He Said-She Said.” Daily Drink & Food Specials Monday Night - Football - Plantalioii Dr. *■ SW.«|V.NWW. The NFL Ticket 2 Satellites 10 TV's OS • Monday- $.25 wings $1.00 Draft •Tuesday-$2.50 Margaritas $2.00 chips n* salsa Wednesday-Karaoke 8:30 pm- 12:30am $3.00 Kamikazees ♦Thursday-ALL YOU CAN EAT CRAB LEGS $10.95 6-1 0pm • Friday-Karaoke 9pm-1am $2.50 Well Drinks • Saturday- Ladies Nights-$50 door prize $4.75 Long Island Iced Teas -s hooters/special s- ALL YOU CAN EAT CRAB LEGS $10.95 • Sunday-$1.00 Nachos, Chili, & Hotdogs $4.00 Pitchers
Elon University Student Newspaper
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Sept. 17, 1998, edition 1
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