The Behrend beacon. (Erie, Pa.) 1998-current, September 22, 2000, Image 7

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FRIDAY, SEPTEMBER 22, 2000
Penn State student
arrested for assaulting
sleeping female students
by Matthew McGuire
September 14, 2000
TMS Campus
Penn State University police ar
rested a 21-year-old student
Wednesday, Sept. 13, after he al
legedly entered the dorm rooms of
13 female freshmen and groped six
of them as they slept.
Hung Truong, of Harrisburg, Pa.,
was charged with five counts of
burglary, 13 counts of trespass, one
count of aggravated indecent as
sault, six counts of indecent assault
and 12 counts of harassment. A cash
bond has been set at $50,000 and
Truong is currently being held in
Centre County Prison. He faces a
Sept. 20 court date.
Truong entered the unlocked
rooms of the students before 4 a.m.
Sunday, Sept. 10, and indecently
touched six sleeping women and
verbally harassed seven women
who were awake, said Campus Po-
Whiz kid
program
starting at
by Anne Rochell Konigsmark
September 12, 2000
Knight-Ridder Newspapers
SAN JOSE, Calif. - Kids going away
to college for the first time often take
something precious from home.
Steve Lu is bringing his mom.
But his graduate school classmates
at Stanford probably will notice
something else unusual about him.
Like, that he's 15 years old.
As one of the youngest kids ever
to enter a graduate program, Steve
couldn't have expected to move alone
from his family's home in Torrance,
Calif. So his mom, Nancy Lu, ar
ranged for the two of them to live in
an apartment in Escondido Village, a
graduate housing complex. They
move in Sept. 25. Steve will be study
ing for a master's degree in computer
science.
"It's okay, I guess," Steve said of
his roomie. With his mom standing
nearby, he quickly added, "No, it's
great that she's coming."
There are some advantages to hav
ing a parent on-site. The laundry will
get done, and he won't have to eat
cereal for dinner every night. But
what about the keg parties? What
about girls?
College vices aren't really a temp
tation for Steve, who can't drive and
only dreams of dating, but has a
double degree in math and computer
science from Cal State Dominguez
Hills. Summa cum laude. With a mi
nor in physics.
At 10, he was the youngest person
ever to enroll in the Cal State sys
tem, and he's one of the youngest
graduate students ever at Stanford.
"To me, I am normal," Steve says
in a written profile. "I am mature and
dedicated to my education."
Steve seemed above average as a
baby, Nancy said, but she really took
notice when at 5, he scored 194 on
an IQ test.
"That's off the charts somewhere,"
said Peter Rosenstein, executive di
rector of the National Association for
Gifted Children. Although there are
no national statistics on how many
children begin college before they hit
puberty, Rosenstein said the numbers
are probably in "the dozens."
Nancy Lu said Steve is mature
enough to go it alone. But she's not.
"He's ready to be by himself," she
said. "It's harder for me to leave him
there. But I think next year, he'll kick
me out."
Steve's dad, Simon, will stay home
in Torrance with Steve's sister, Mary.
Mary, by the way, is starting Har
bor Community College this fall, and
is a nationally ranked gymnast. She's
12.
What is Nancy feeding these kids?
"Pizza," she said.
lice Lt. Clifford Lutz. The donn
room doors use a deadbolt and do
not automatically lock when
closed
Many of the victims informed
their resident life coordinator, who
in turn called campus police. Dur
ing the subsequent investigation,
several of the victims identified
Truong in a police lineup.
Truong, who had been asked to
move out of the dorms Sunday un
til the investigation was complete,
was served notice Monday night
that he has been evicted from his
university housing, Lutz said.
Truong was also a resident of
Snyder Hall, a co-ed dorm, which
is generally one of the safest and
quietest living areas, Lutz said.
"This series of events is defi
nitely an isolated incident," Lutz
said. "The co-ed dorms, because of
the special screening process, are
some of the safest housing we have
on campus."
starts grad
at 15, after
Steve chose Stanford because he
loved the trees on campus, and he
wanted to be near Silicon Valley. He
plans to study artificial intelligence.
"Robots are fun to build, but I'm
going to be concentrating on logic
and autonomy," Steve said. Au
tonomy is the concept of software or
computers that think for themselves.
One day, he hopes to give some
thing back to society by becoming a
math professor.
But that's AFTER he makes his
"He's ready to be by himself,
...It's harder for me to leave
him there. But I think next
year, he'll kick me out."
-Nancy Lu,
mother of Steve Lu
first billion in Silicon Valley on a big
idea, he said. He couldn't name his
hero, but said it would be "one of
those billionaire dot-com people."
Steve spends his free time in tame
pursuits like computer programming
and working out at the gym, so Nancy
probably won't have to do much
chaperoning. Asked if he dates, Steve
said,
"Oh boy, I wish! But those people
over at Stanford, they're much older
than me. Maybe a freshman."
He said he hopes to meet Chelsea
Clinton, the president's daughter, who
is taking time off this fall but is sched
uled to return to campus next year.
Nancy believes she and Simon,
who are both from Taiwan, were
gifted children. But at the time, Tai
wan had no accelerated programs for
gifted kids. Both parents have held
jobs in the computer industry; Simon
is CIO of a construction company.
Nancy spends most of her time
shuttling her Wunderkinds to class
and gymnastics practices, but she has
written three self-published books on
raising gifted children. She plans to
work on a fourth book while in Palo
Alto.
"Steve will be chaperoning me,"
she said. "He already told me I wasn't
allowed to go out and socialize."
The federal government estimates
that 3 million kids, or 5 percent of
students, are in some way gifted.
"But Steve is on the far-out end of
these kids," Rosenstein said.
So just what was Stanford's new
president, John Hennessy, who is a
computer scientist, doing at age 15?
"I was working on building my
first computer," he said. "It was a tic
tac-toe game, made entirely of sur
plus relays."
NATIONAL CAMP US NEWS
University of Houston helps business
students put theory into practice
by Shannon Buggs
September 14, 2000
Knight-Ridder Tribune
The University of Houston wants
future money managers who gradu
ate from its business school to have
learned more than just theories about
investing other people's money.
To that end, the school plans to
introduce this spring a student-man
aged mutual fund to give its MBAs
experience in making and losing
money for real investors.
Students "will be running, I hope,
a $3 million portfolio and, instead of
learning how to do that on the job,
they will be learning about it at the
university," says Michael Cemo, the
UH alumnus instrumental in getting
the fund started.
He heads a division of Aim Man
agement Group, the Houston-based
mutual fund company that has pro
vided seed money for the project cre
ated to increase the local investment
talent.
For over a decade, other univer
sities have started similar student
managed funds, including those at the
University of Texas at Austin and
Texas Christian University. But the
projects typically only use money
from the school's endowment, says
Bob Casey, assistant dean at Ull's
U. Of Alabama-Huntsville tennis player
suspended for posing
by Matthew McGuire
September 12, 2000
TMS Campus
University of Alabama-Hunts
ville suspended a tennis player af
ter it discovered Playboy maga
zine paid her to pose for photo
graphs, a violation of NCAA
rules.
Roseleena Blair, a 19-year-old
sophomore from Hawaii, did the
photo shoot over the summer in
her hometown of Honolulu for
the "Sexy Girls In Sports" issue.
Blair was not aware that the mod
eling would be a violation of
NCAA rules and based her deci
sion on "a lack of judgement,"
said Joel Lonergran, director of
university relations at UAH.
The university found out about
the photo shoot a week ago and
immediately suspended Blair.
Blair, a Gulf South Conference
honor roll recipient and UAH Sil
ver Scholar, could not be reached
for comment
Next week, Blair will partici
pate in an educational workshop
for student athletes on NCAA
rules, Lonergran said.
The university sent information
about the suspension to the
NCAA and has yet to receive
comment on the severity of the
violation. Once the NCAA re
sponds, the university will decide
on when to apply for Blair's rein
statement.
"We're going to take our lead
from the NCAA," Lonergran
said.
BAssory
ONDA
Bauer (. 'tlll
.cce of Business.
The students who will run the. UH
fund will he responsible for indi
vidual investors' money and, possi
bly, some of the school's endowment.
They will have to explain their in
vestment choices, successes and fail
ures to those shareholders.
- It's not only real money, it's the
full mutual fund experience," Casey
said.
The privately held fund will be set
up as a limited liability corporation
and will helm with S 1 million in as
sets with hopes o! increasing that to
$3 million ,
Alumni and other university sup
porters are being approached about
joining the pool of investors, which
will he limited to im shareholders.
Otliciak are looking for sophis
ticated ins c,!oi, as defined by Secu-
rities and 1 \ change Commission
ndes. 110 \‘ ant Individuals with
net worths of at least $1 million; an
annual income of at least $200,000;
or an in \ estmcnt in the fund °fat least
$150,0m, v, hick does not account for
more Ihim 't) percent of their net
worth.
Students \\ ill research stocks to
he incinded in the ,trowth fund's port
folio, determine the fund's asset mix
and decide at ‘\ hat price they want
to buy and sell securities. They, then,
The NCAA says University of Alabama-Huntsville sophomore Roseleena Blair violated NCAA
rules by getting paid for her appearance in Playboy's "Sexy Girls In Sports - issue.
,4rOialtr liAledi
K~f~i l ~~AT ~. !
present their analysis to a team of
volunteer mentors culled from
Houston's investment management
industry.
Once the mentors sign off on the
students' selections, the students di
rect the fund's broker to place the or
ders.
"This is going to be more chal
lenging than anything else we've had
in school," says Darien Ross, a se
nior in the undergraduate program
who will help to monitor and modify
the technology the fund's managers
will use.
Right now, Ross and other stu
dents are using a simulated stock fund
to practice their jobs before the real
fund gets rolling.
Undergraduates can participate in
the project if they work in technol
ogy, marketing or accounting, but the
actual stock picking will he left to the
MBA candidates.
" After a few years, we expect the
undergraduates will be helping to run
the fund," Casey said.
The mutual fund is the key aca
demic program for the new $5 mil
lion Aim Center for Investment Man
agement.
The Houston-based mutual fund
company Aim Management Group
and its executives and charitable
foundation have committed $1 mil
in Playboy
lion in cash and another $1 million
of in-kind donations to inaugurate the
center. The rest of the money is com-
Mg from an ongoing fund-raising
campaign
( 'Lino, who serves on the business
school's advisory council, is president
of Aim Distributors, the retail mar
keting arm of the fund company.
This is the second significant con
tribution Aim's management has
made to Ull. Last month, Charles T.
"Ted" Bauer. Aim's chairman and co
founder, gave $4O million to the Col
lege of Business Administration.
In appreciation of the lump-sum
gift, the UH System Board of Regents
renamed the school the C.T. Bauer
School of Business.
Hatier's largess and Aim's assis
tance in creating the mutual fund is
expected to strengthen the business
academics at IJII and help the school
boost its national reputation.
Houston's business community
Will benefit from that as well. As UN
begins to recruit marquee business
professors, the school will provide a
inure challenging education and train
ing to its students, which will make
them better job recruits.
-1 he whole goal of this is to in
crease the opportunities in the UH
business program, - Cemo said. "It's
going to he a big factor in our city."
SO C) 'VI
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