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Estimated annual expenses are adjusted quarterly. 2. 1.40% is a very reasonable fee level for a typical fund, 0.40% is near, but not actually at the bottom of, the mutual fund expense ratio spectrum. • TIAA-CREF Individual and Institutional Services, Inc. distrib utes the CREF and TIAA Real Estate variable annuities. • Teachers Personal Investors Services, Inc. distributes the Personal Annuities variable annuity component, mutual funds and tuition savings agreements. • TIAA and TIAA-CREF Life Insurance Cos., New York, NY, issue insurance and annuities. • TIAA-CREF Trust Company, FSB provides trust services. • Investment products are not FDIC insured, may lose value and are not bank guaranteed. © 2000 TIAA-CREF 08/03 Lehman Brothers Lehman Brothers cordially invites you to attend a presentation on career opportunities in Finance Division WMM Thursday, September 28,2000 I Lehman Brothers is an equal opportunity employer. \ From Page One CHEATING From Page 1 by waiting until May or June for their hearings. Lea said the punishment for cheating is suspension for the remainder of the semester and an F in the course. But Trinh said he is not too worried about potential suspension, in part because computer science department Chairman Stephen Weiss is testifying. He said Weiss will speak in his defense. FEVER From Page 1 attend the events and support the ath letes is often overlooked. “There is a bit of frustration on my part, and 1 don’t feel like some people completely understood the issues,” he said. Some Carolina Fever members lent credence to the CAA’s claims that mem bers were in it just for the basketball seats. SHELTON From Page 1 submit one name, but he still must for mally approve Shelton. The Board of Trustees and the Board of Governors must then accept Shelton’s appointment Shelton also must decide whether he will accept the job if it is offered to him. He said he hopes his visit will help make that choice easier. “My goal is to gather infor mation and come to a conclusion very quickly, but at this point, I’m very favor ably impressed.” Shelton has already been to UNC once - four of the five finalists were brought to campus for open forums and meetings with University administrators. Shelton addressed issues such as enroll ment as he fielded questions from students, faculty and staff last month. But he said there are still topics he needs to explore further before making a final decision. “I want to understand the kind of working relationship the chancellor wants to have with his provost,” he said. “I also want to understand more about some of the issues UNC is facing and more about how they funnel into the provost’s office.” But Shelton said he has not told his col leagues that he might be leaving UC for UNC. “1 think that, until there’s a decision made, it’s better to keep things confiden tial,” he said. “I don’t want to get people worried or upset for no reason. But if we all come to agreement on this like we all hope, we’ll announce it to the world with great pride.” “I was invited by the defense, but I then have the questions asked, and I just give the answers,” Weiss said. He declined to disclose the content of his testimony. Coggins also is testifying at the hearings but said he cannot comment on the cases. Trinh said he decided to make his hear ing open to bring attention to the case’s injustice. “Those of us that worked in groups, none of us thought we cheated.” The University Editor can be reached at udesk@unc.edu. “I joined because last year I didn’t get to go to the Duke game, and I really want to go this year,” sophomore Kristie Wolfe said. But McGinnis hopes that students joining Carolina Fever are more like freshman Crystal Leonard. “I really wanted to join an organiza tion and express my school spirit,” she said. “I like to get crazy at the games.” The University Editor can be reached at Udesk@unc.edu. Those who know Shelton said they are not sur prised by the chance he might be looking to advance professionally. “He’s moved up a lot in the last 10 or 12 years,” said Peter Klavins, a research specialist in the UC-Davis physics depart ment. “He’s very good at organizing and directing pro- Provost finalist Robert Shelton will tour the area with his wife and meet with Chancellor James Moeser. grams, and it wouldn’t surprise me if he’s (moving) onward.” Before joining the UC system, Shelton worked at lowa State University and with Ames Laboratory, a branch of the U.S. Department of Energy. He joined the UC-Davis faculty in 1987, serving as chairman of the physics department. He then became the vice chancellor for research at UC-Davis and in 1996, became the vice provost for research for the UC system. He graduated from Stanford University in 1970 and earned his doc torate at UC-San Diego in 1975. His colleagues said UNC should count its blessings if the transition takes place. “It’s great news for you if you get him,” said Barry Klein, vice provost for academic personnel at UC-Davis. “He was a superb department chair, did an excellent job as vice chancellor (Eljp latly (Tar Hppl TUITION From Page 1 Wednesday’s video conference was called to help committee members reach a consensus on the recommenda tion, saidjeff Davies, UNC-system vice president of finance. Barnes said that accepting a small tuition increase would help students show N.C. voters that they are willing to do their part financially to support the UNC system -a particularly important point given the upcoming $3.1 billion bond referendum that will fund higher education capital improvements. But Payne called the “show of good faith" argument about the relationship between student’s acceptance of the tuition increase and the state’s passage of the bond “ridiculous.” “They’re in no way connected to each other,” he said. “Taxpayers have no idea that stu dents are paying a 4 percent increase.” The State & National Editor can be reached at stntdesk@unc.edu. for research and as the systemwide vice provost for research.” Klein said Shelton stands out as an administrator for his ability to effectively tackle problems. “One thing we learn as physics people is how to tackle very dif ficult problems,” Klein said. “He’s used to taking a very complicated problem, ana lyzing it and coming up with solutions.” Klavins also said Shelton handles issues by adopting a consultative approach. “He takes the time to listen to his stu dents and is really involved in what they’re doing. He doesn’t direct the con T versation - he sits back and listens and gives good direction once he takes in what students have to say." Both Klein and Klavins cited Shelton’s weekly meetings with graduate students at UC-Davis as evidence of his genuine concern for students. “He has a very demanding job, but he still lives in Davis and comes back every Friday to work with his research groups,” Klein said. “It’s kind of unusual for an administrator to stay so engaged with his students.” The appointment is still far from final. But, as Shelton planned his trip, he said he feels good about the prospect of becoming UNC’s next provost. “I hope it’s coming through in my voice that I am really excited about this opportuni ty,” he said! “Overall, I was so attracted by the remarkable sense of love and commitment to the University that came out from everyone.” The University Editor can be reached at udesk@unc.edu.