Brown and White Vol. 94 no. 15

              bethlehem pa tuesday october 26 1982 215)861-4184 on schedule b&w photo by steve kress students gathered around this course offering list in the university center last week as preregis tration for next semester began yesterday the preregistration period ends on friday stabler finances improving more solid events needed by suzette stoddard the financial condition of stabler athletic and convocation center is not as bleak as three consecutive years of defic its indicates according to the arena's director of events stabler's rank in supporting itself is more positive than the 93,000 deficit shows richard fritz said a financial report released by the treasurer's office showed a 93,479 loss for stabler for 1981-82 marking the third consecutive year of deficit operation for the three-year-old arena in 1979 the first year stabler was open it lost 170,000 this year it lost 93,000 in the face of inflation causing a 50 percent increase in our fuel and utility bills that is a good figure richard metz director of auxiliary services explained there has been a positive approach in management and in the number of event days but we need to have more event days of solid events that will make money fritz said within three to four years it is possible that we will be almost even he added see metz page 10 by bringing in events like concerts we saved the university about 25,000 metz said noting that deficits occur because university groups that use stabler are billed for less than what it actually costs them to use the facility if we ran stabler as just an athletic arena the deficit would be around 165,000 metz said the spectrum in philadelphia holds 30 to 40 concerts per year with about 300 event days and they lose money metz said my guess is that only 5 to 10 per cent of these type of buildings make operating costs he stated it costs over 300,000 to keep the building going we only missed by about 93,000 that means we made approxi mately 210,000 in revenues metz noted the only reason for the loss according to metz is that stabler is an expensive building to run just to turn the key in the door it costs on the average 800 adding that there are fixed costs of main taining the building and salaries to be taken into consideration 83 gift fund aims for 70 percent participation the various investment alternatives available for the class funds this com mittee will monitor the investment for the duration of the gift program in explaining the function of the invest ment committee funnell noted that after all the donation money is collected on jure 30 the committee will decide on investment opportunities for the class he indicated the investments will strike a balance between safety and return leaning much more toward safety the class will control the funds funnell said adding that money would not go to a new police car but perhaps to some thing like grace lounge the squash courts or toward scholarship money ours is a 5-year plan funnell said of the 1983 senior gift campaign in 5 years i will come back to the university see 83 gift page 11 of the class of 1983 could make solicita tion difficult the gift campaign program is com posed of three committees solicitation chaired by larry hunter 83 publicity chaired by jean werner 83 and invest ment chaired by mike crofton 83 the program is soliciting seniors to work on any of the three committees according to hunter his committee consisting of about 90 members will organize the class's solicitation program by contacting class members about the gift program he noted that some solici tors will be in charge of fraternities some of sororities and others of dormitories the publicity committee will market the class of 83s gift program through campaign manuals and posters while the investment committee will analyze funnell said that as was the case last year most of the work this semester will be in the form of publicity and solicita tion adding that the gift campaign will again be held in the spring semester funnell cited several reasons for his high goal for donations he said one fac tor is the psychological uplift among seniors from having secured lee lacocca as commencement speaker another he added is the lack of the fac tionalism that existed last year brought on by the gift campaign boycott and a contingent at sigma nu fraternity that gathered the money intended for the gift campaign fund but later diverted it to the house ironically last year's gift campaign chairman was dave fiore 82 a sigma nu brother funnell said despite the optimism funnell said that a lack of unity among the members university to bid for center in state technology program the 1982-83 senior class gift pro grarrj's goal is 70 percent participation from its class of 1,048 according to bob funnell 83 chairman of the program funnell noted that an average of 50 percent of the senior class donates to the senior gift campaign at the university compared to a national average of 18 per cent the recommended donation is 100 in installments over a 5-year period starting with a 10 deposit on the cap and gown at graduation last year about 57 percent of the class participated in the program despite a boycott that began in late winter protes ters cited what they called an unsatisfac tory commencement speaker and the sudden imposition of the new social regu lations as their rationale against a class wide fund by herb fischer shattered b&w photo by patty tripp the glass on the sign board outside packer chapel was discovered broken early sunday morning by campus police they report that the glass was shattered and several letters removed from the sign which was installed last year early august part of the partnership includes a pro vision for four technology centers each located at a pennsylvania college to help industries implement new technolo gies attract national and multi-national technology corporations attract small advanced technology firms and assist incubator or start-up companies lehigh is currently in the process of bid ding for such a center and lehigh administrators met friday with other area-college representatives in order to attempt to gain their support for lehigh's bid according to michael bolton director of development the technology center would benefit lehigh and the schools see merging page 7 by andy lehren unless we learn to do business with business we are going to be in a lot of trouble said university president peter likins friday to representatives of more than 10 area colleges his address was on the ben franklin partnership designed to promote coop eration between the academic govern mental and private sectors to expand advanced technology in the state it was proposed by gov richard thornburgh this summer to help improve pennsylva nia's ailing economy by helping the state compete effectively in one of the most promising areas of new employment re employment and economic development on the national horizon today the gov ernor said when he announced the plan in vol 94 — no 15 lehigh university brown and white