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Publication: European Stars and Stripes Monday, February 4, 1991

You are currently viewing page 20 of: European Stars and Stripes Monday, February 4, 1991

    European Stars and Stripes (Newspaper) - February 04, 1991, Darmstadt, Hesse                                Monday february 4, 1991 the stars and stripes Page 21 Money matter High tech firms looking Good analysts say that the successful use of . Military technology in the persian Gulf War bodes Well for future a governor fiend and private spending in High tech companies. The Likely beneficiaries Mutual funds that invest in science and technology stocks.  were poised for a rally even before the outbreak of hostilities with Iraq. Now their future is even brighter because enthusiasm created by the Success of the War should boost High tech spending said a. Michael Lippert president of Lipper analytical services in Summit . Source the new York times conversion rates London up fridays rates for the . Dollar to other currencies. Figures Are expressed in dollars to the British Pound other local currencies in dollars Gold was quoted at $366.55 an ounce  .$3.83, British Pound. German Mark. French franc ,.,. Dutch Guilder. Belgian franc. Italian lira. Swiss franc. Greek drachma. Turkish lira.,. Saudi arabian Riyal. Spanish peseta. Portuguese escudo. Canadian Dohar. Austrian Schilling. Norwegian Krone. Danish Krone.,., these Are unofficial rates As reported by wire service and banking sources and they Are listed to give some idea of daily currency fluctuations. A Jan. 3t feb 1 .1.9665 1.9765 .1.4845. 1.4680 .5.0440 4.9940 ,,.1,6780 1.6538 .30.59 30,25 .1,117.65 1,103.00 .1.2635 a 1.2520 .158,62 157.80 .3,033.80 3,02950 3.7503 3.7503 .93.04 92.65 .i,131,42. 13065 a a .i.i6i7 1.1618 .10 4725 10,4050 .5.8190 5,7860 .5.730 5 692 College enrolments drop by Randy Mcclain a financial writer american colleges overseas have been but hard by the War against Iraq. Several schools report plummeting enrolment by .  and their families. The decrease for the Spring semester which started in late Jau Narv. Ranges from 15 percent to 40  As the Impact its something we absorb. But if it gets much More drastic than it is it will become a difficult Fin a no i a i is l u a i Ion a s a i d d i e t e r p h i i p p i. Director of administration and finance for Boston . Boston which offers graduate level courses in business administration and Quot International relations is one of about a dozen two year and four year  the War. A a military students began dropping out in Large numbers in november a reflection of the deployment  of . Troops from Germany to saudi Arabia. This semester school officials say they have lost hundreds More students. An attempt to coax  spouses into taking courses while the War goes on has produced Only mixed results. Among schools hit hardest Jaas been the University of Maryland. It operates in 14 countries in Europe but two thirds of its students Are Servic members and their families in Germany. Or. Joe Arderi Maryland a european director said enrolment for the Jan. 21-March 15 term has dropped 30 percent from roughly 20,000 students a year ago to 14,000 today. He and other school officials said the Steep declines were caused in Large part by the timing of the War. When the attack on Iraq began Jan. 17, most universities were in the final Days of registration. Usually at least half of a school s students sign up for courses during the final three Days of registration but that did no to happen this  the timing of the War exacerbated things a Little bit a Arden  our term Hadnot begun until mid february people would have been a lot More  \ a by As it was Many would be students stayed Home to watch the War on Telvi Sion and did t Register Arden said., a when War broke out tight Security at various military bases also deterred people from registering a said George d. It easy to use san Vito Dei Normanna Italy a amps a most overseas commissaries have boxes near their entrances containing heaps of discount coupons. Taking advantage of the savings buried in those piles can take hours of sifting through the slips of paper but volunteers at san Vito air station Are making those savings easy to come by. They re taping the coupons to the appropriate products while the goods Are still on the shelves. Not Only that but volunteers Are soliciting hundreds of additional coupons from parents friends and relatives in the United states Audi us to overseas shoppers savings. A we wanted to help other base Mem a Bers especially Young airmen with Ramiv lies get savings on their food a said maj. Gilbert Pohl commander of san Vito a 7275th civil engr so. Pohls outfit originated the Coupon program which is known locally As project budget Booster. Pohl said he came up with the idea of soliciting people in the United states for extra coupons last november. It started with Squadron members writing to their o parents for help. V since then Squadron members have been sending letters to other family members and friends Back Home. Surprisingly project Bridget Booster has even received coupons from people who weren to written to Pohl added. A word of Mouth explains How some of those people heard about us Quot he said. A there seems to be a network of Coupon savers in the United states who have heard about  so far project members have collected about $5,000 Worth of coupons Pohl said and at least half of them have been taped to products on the commit Ai it shelves. A the coupons keep coming in boxes and envelopes. One lady had to pay $8 to mail us a Box full of them a said senior airman Casey Johnson the 7275th�?Ts orderly room clerk. The squadrons special projects coordinator Jelly do Alessio sorts incoming coupons by aisles in san Vito a commissary. Other volunteers then sort the coupons by products. From 8 . To 10 . Wednesdays the commissary is open for another group of volunteers who tape the coupons to the overseas College enrolments operation desert storm has caused lower than expected enrolments this term at a number of american a a \ universities in Europe. Below Are. Soine examples. Quot v i Jan. 1990 Jan 1991 University of Maryland -30%20,0001 14,000 City colleges of Chicago 7.800 -40% Boston University j1700 1415-16.7%. Is amps Wos Booher Bickford acting Dean for City colleges of Chicago. Central Texas College estimates its enrolment has dropped by 40 percent this term compared with january 1990. A number of classes have been cancelled due to Lack of students. The Impact has been Felt a across the boards in the schools four biggest programs Law enforcement applied management automotive repair Ana food service management said Fred Ostertag the College s Dean. Ostertag said the military communities hardest hit have been Nurnberg ans Bach Bamberg Hanau Frankfurt and Giessen All in Germany they represent strongholds Fot the 1st army div 2nd army Cav Reg and 3rd army div we Licor have been sent to the Middle East City colleges of Chicago also reported a loss of 40 percent of its students this semester. Total enrolment fell from 7,800 in january 1990 to roughly 5,000. Today Bickford said. A. A. A in some communities were doing of and in some we re  he said. No students signed up for courses in Paschal pc Friburg. Be Kiliany enrolment is also lagging at Ramstein a. Germany. Not because of deploy Nientsu to saudi Arabia but because serv ice members Are working extra hours to ship supplies and troops to the War one. Few people at Ramstein feel they have tune Lor school work right now Bickford said i he City colleges Deriv said his school has t Cut state because of the lower enrolments. But the situation is being  no one really knows How Long tins w ill go  lie said. A we re going to have to Woik through this and adapt to the cling  most overseas colleges have uttered at least partial scholarships to spouses of service members deployed to operation desert storm. But the relatively Tew wives and husbands on the Home Trout who have registered Tor classes Haven t made up for the thousands of absent soldiers sailors and airmen. At Boston University no More than"30 spouses registered Lor graduate level courses despite the Otter of a 75 percent discount on tuition at the University of Maryland though Arden said several Hundred spouses have signed up for courses. Maryland is uttering tuition discounts tip to 90 percent for desert storm spouses / Peter j. Petersen director of marketing and development with Troy state University in Europe said he a not sure How much Impact desert storm will have on his school Troy states next semester does no to  the end of february. A at this Point we re adhering to our regular schedule and course offerings a Petersen said. A and we re keeping our fingers  Troy state is also considering reaching out to a new Batch of americans recently arrived on the scene a National guard apr a Csc rec units. A i had a conversation recently with a National guard member from Oklahoma a medic who figures he could be Here a year or two. He a interested in courses. So we re talking about targeting our advertising to the reserves and National guard people to let them know we re Here a the Troy state official Saidi _ of for been products on the shelves. A commissary shelves Are empty the Day after we put them up a Johnson said. A a it a helping us a said commissary store manager master sgt. Earl a Hickman. A Coupon sales have gone up tremendously Quot he added. The program is too new to determine the full Impact on customers Hickman said. But he said he has noticed Many Young enlisted couples taking advantage of  a  
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