12—The Daily Collegian Friday, Dec. 17, 1982
conomics students play stock market game
By GERARD SHIELDS
Collegian Staff Writer
Most professors just hand out copies of their syllabus on
the first day of class. But, economics professor Raymond
Lombra gives each of his students $lOO,OOO.
That's $lOO,OOO on paper.
Lombra uses "the stock market game," a new method
of teaching students about the stock market and the
nation's financial system, in his Economics 351 class,
"Money and Banking."
Students are hypothetically given $lOO,OOO and told to
make transactions in the real stock market. These are
made on a computer that records all transactions and
allows students to analyze their decisions.
Participating in the game makes Wall Street and the
stock market more real to students, Lombra said.
One reason the game is so beneficial is that "students
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often argue that their classes aren't relevant and that
there is too much theory," he said.
Lombra said the game forces students to read newspa
pers, such as. the Wall Street Journal, and makes them
aware of economic developments in the country.
"Students forget the graphs very quickly, but they won't
forget the logic —that's what I want them to hold on to,".
he said.
Lombra is the only professor in the economics depart
ment using the game in his class. He said the other
professors may start adopting'the game 'after they see its
effects.
He added that the department was looking for a better
way to balance the idea of theory, institution and policy.
The "stock market game" was originally developed at
Wilfred Laurier University in Waterloo, Ontario, Canada.
The,game is used at a number of universities in the United
States.
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Lombra said the most difficult task associated with the
game is installing the computer system. The class con
tains 200 students, who are able to make as many trans
actions as they wish, five'days a week.
The economics department receives a computer tape
every week that contains the closing stock prices in the
New York and American Stock Exchange for that week.
The tape is fed' into a computer along with the students'
transaction cards. The result is a printout of the students'
gains and losses for the one-week period. The game lasts
six weeks.
Students must make at least four transactions baged
on actual stock market prices during the term. Students
may buy and sell until 5 p.m. each day by turning in
computerized transaction cards.
Performance in the game is worth 10 percent of the
students' final grade, Lombra said. Because he wants the
students to enjoy the learning process, the game does not
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carry more grade weight in the class.
"It's not a stress or strain thing," Lombra said. "It can
help a student out in the margin, but it cannot hurt them."
The initial grant for the installation of the game came
from several contributors including the University, the
economics department and the College of The Liberal
Arts. The University now provides the funds for additional
booklets and computer cards.
In some schools brokerage firms also help subsidize the
game. The firms want the public to understand the
financial market, Lombra said.
Lombra also said students who took his course when it
was first offered last fall have written him to tell him how
much the class has helped them understand the business
world. *
Scott Krebs (Bth-accounting) said the game is helpful
because it allows students to get a taste of the real stock
market.
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sports
Icers face 2 familiar opponents
Penn State
By STEVE TOW '
Collegian Sport ' s Writer
If you should travel to the Indoor
Sports Complex tonight to watch the
ice hockey club in action, you might
think you stepped into the wrong
place.
Just who are those guys wearing
the familiar orange and black uni
forms with ' the wing logo? You
might ask yourself Is this the
Spectrum? Is Penn State going to
play the Flyers?
Well, you would be wrong on both
counts. The Lions are actually going
to play the Junior Flyers, a junior
"A" club.
Things should become more fa
miliar with the average hockey fan
tomorrow night when Penn State
takes on Division II powerhouse
Cortland State. Tonight's starting
time is 9:15 and tomorrow's game is
set to begin at 7 p.m.
The Lions defeated Cortland State
nearly two months ago in New York
7-2, only to see Cortland rebound the
following night to win 4-1. •
"As far as Cortland's concerned,"
Penn State Coach Jon Shellington
said, "we were up there (and) we
played them twice and split with
them. So it's a rubber match there
we're gonn?_ have to see what
happens."
Although the Junior Flyers are a
very young team ages 16-19
their experience with Junior "A"
clubs across the country has given
them a measure of respectability.
"They've got a pretty good coach
this year (Penn graduate 'Bruce
Craig)," Shellington said. "He's a
classy guy . . . he won't put up with
a lot of rinky-clink stuff. He's going
.to stress playing fast; 'dean, hard
hockey."
The Lions' power play is one as
pect that Shellington has worked on
this week in practice. Although it
has been improving, much im
provement is still needed. Center
Glenn DeStefano will be moved
back to play defense with John
Holland to spark the advantage on
the power play.
"If I put in Toby Ritner's line or
Clark Dexter's line 'in front and
have Johnny, who's an offensive
minded defensemen, we're going to
have a true offensive set up there,"
Shellington said.
How does DeStefano feel about it?
"l like it," he said. "I'm a better
playmaker (and being on defense)
keeps the play in front of me. When
I'm on the front line, I'm just wait
ing for things to happen back at
the point I make things happen."
DeStefano will also have to adjust
to another change when Norm Ja
cobs makes an appearance on his
Lions by 3? Dooley not surprised
By RON GARDNER
Collegian Sports Writer
After labeling Penn State "the best offen
sive team we have ever faced," Georgia
Head Football Coach Vince Dooley said
yesterday that he wasn't surprised that the.
No. 2 Nittany Lions had been made a three
point favorite over his top-ranked Bulldogs
in the Sugar Bowl New Year's night.
"I think what you're getting down to is two
obviously good teams and one that has a
much better-balanced attack than we do,"
said Dooley,.who has compiled a 151-58-6 in
19 years as Georgia's head coach. "They're
the one that really has a great offense.
"In studying the teams we have played at
Georgia in the last 19 years, (there) is one
offensive team similar to Penn State and
that is the Pittsburgh team of 1976 where
(Tony) Dorsett was the tailback and (Matt)
Cavanaugh was the quarterback. There has
not been a football team with that balance
as an offensive team other than (that) Pitt
team." •
Those Panthers overwhelmed the No. 5
Bulldogs 27-3 in the 1977 Sugar Bowl to
capture the national championship as Heis
man Trophy winner Dorsett rambled for 202
yards and the Pitt offense rung up 480 yards
total offense.
But Dooley said the Lions have a lot more
than just a balanced attack in their favor.
"I was amazed as we went back and
noticed the long tradition of winning 44
consecutive winning seasons," he said.
"Like any good football team, they have all
the intangibles of a great team and tradi
tionally have had. They're well conditioned,
they're well coached, they're well disci
plined and they have every intangible to be
great." •
Dooley, however, is obviously not going
into battle completely Uhprepared. With
Heisman Trophy winner Herschel Walker,
holder of 10 National Collegiate Athletic
Association, 15 Southeastern Conference
and 30 school records, Dooley's team can
hardly be taken lightly.
"We will try to find a way to win," Dooley
hosts Philadelphia Junior Flyers,
io,
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Penn State's John Holland (21) stickhandles around a Buffalo State defender last weekend at the Indoor Sports
Complex. The ice hockey club will be In action at home again this weekend against the Philadelphia Jr. Flyers
tonight and Cortland State tomorrow night.
line this weekend due to winger
Brad Rush's sudden outbreak of
mononucleosis. Although Jacobs is
not as smooth a skater as Rush, he
nearly makes up for it with his
hustling style of play.
"Norman hasn't scored that
many goals, but Norman hasn't
been playing that much," Shelling
ton said. "Frankly, the last couple
of weeks I've been trying to shift the
lines around to find a place that
Norman would fit in because he's a
hustler and he makes things hap-
said. "It may not be the classical way, but
we're going to try to find a way, whatever
way we can. Suffice to say, we're not going
to win the game by dominating the game. Of
course, we haven't done that very often
anyway.
"We certainly didn't do it in the Sugar
Bowl two years ago and last year we cer
tainly didn't do it. So we'll have try to find a
No rookie at improvising, Dooley has
certainly found ways to keep his Bulldogs,
near at the peak of college football promi-
4 t s
' •
Two years ago with Walker, then a mere
freshman, rushing for 150 yards and two
touchdowns, Georgia captured its first-ever
national championship by holding off Notre
Dame for a 17-10 win. Then last New Year's
night, Georgia was denied a second straight
national title when Pitt quarterback Dan
Marino connected on a 33-yard, fourth-down
touchdown pass to tight end John Brown
with 35 seconds remaining, to give the
Panthers a 24-20 come-from-behind victory.
And Dooley pointed to many differences
between this year's team and the unit that
won the national championship in 'BO.
"There's certainly some comparison," he
said. "We're not an overpowering football
team and the 'BO team was not overpower
ing. We're pretty sound in everything we do,
every phase of our game is good except one
or two that's not too good. But the 'BO team
had a little better balance. They could throw
the ball better than this team."
The principal reason for this loss of bal
ance was the graduation of three-year start
er Buck Belue at quarterback. In Belue's
.i
.. ,'.;~~iis,
The loss of Rush, however, will
hurt the Lions offensiVely.
"It's going to take away some of
the scoring punch that we had," the
Lions' Coach said. "Brad was No. 3
in the scoring."
Penn State soundly defeated the
Junior
. Flyers last year, but this
year equipped with different
players the club should pose a
tough challenge.
"This year they have a goalie
that's already been offered a schol-
place, Dooley has relied on junior John
Lastinger, who has completed under 50
percent of his passes for just 907 yards. That
inability to move the ball throw the air, as
compared to Penn State quarterback Todd
Blackledge's sparkling season (161 of 292
passes for 2,218 yards and 22 TDs), will be
the key to the game, Dooley said.
- "I saw where somebody said the differ
ence is the quarterback," he said. "That's
true. Somebody says compare Lastinger to
Blackledge. It's like John will tell you,
there's no comparison. How are you going to
compare one to the other based on what's
happened statistically throwing the football
and all the things you use to compare.
"The'only thing I can say for John is that .
he's the quarterback of a team that hasn't
lost a game. And then all the other things, it
would be hard to say a lot of good things
about him."
' ~ ~ ~ /
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Dooley can still turn to Walker, whose 5,-
259 yards ranks third on the NCAA's career :
rushing list, behind only Southern Cal's
Charles White and Pitt's Dorsett. But every
one expects that.
"It doesn't take a stroke of genius to know
what they're going to do," Dooley said.
"They're going to go after Herschel, attack
him with all 11 players."
Even with Walker, perhaps the greatest
player ever to play college football, the
Bulldogs will remain the underdog a role
Dooley doesn't particularily relish.
"As far as being the underdog, I antic
ipated that," Dooley said. "It's certainly
something that's motivating about being in
that position. However, on the other hand, in
a game like this I think I'd rather be the
favorite because being the underdog isn't ,
going to make you any more motivated than
Penn State, who is going for a national
championship. They could care less whether
they're an underdog or favorite.
"Secondly, the concern is that normally
whoever makes those decisons about who's
the underdog and who's not I don't know
what they know about football, but they
know something. They'Ve got a track record
that's pretty good and that worries me."
Cortland State
arship, so they have a good goalie,"
DeStefano said. "It's always been
their tradition to play like the old
Flyers (Stanley Cup Championship
teams). We're looking for them to
be aggresive."
"(Last year) they had a couple of
chippy guys," Shellington said. "All
they wanted to do was push and
shove. For these guys to come out
and get too chippy and pushy . . .
it's really kind of ridiculous. College
guys are stronger, more mature,
(and) smarter."
F~ /t
Photo by David Gwen
Lion
high
By PAUL ALEXANDER
Collegian Sports Writer
The men's basketball team will
be furthering its committment to
life in the "fast lane" at 8 tonight
when it faces Hardin Simmons in
the first game of the SMU-Dallas
Morning News Classic at Reunion
Arena in Dallas, Tex.
Life in the "fast lane" not only
refers to the Lions' fast break, but
it also refers to the inordinate
amount of time the Lions will be
spending in airports and airplanes
over the next couple of weeks.
Penn State (5-1) will fly out of
Dallas on Sunday and arrive in
Tampa, Fla. to meet South Florida
Monday night. And if that's not
enough jet lag for the Lions, they'll
be back in State College for only
four days to leave for Florida
again on the 26th to compete in the
Gator Bowl Tournament against
the likes of Florida, Jacksonville,
and lowa State.
The Morning News Classic could
quite conceivably be the first tour
nament captured by the Lions
since the 1974 Gator Bowl Tour
ney. Hardin Simmons is 0-4 and if
Southern Methodist, the host
team, is like most other hosts in
tournaments, it will almost assu
redly be playing in the "money"
game tomorrow night.
The Mustangs were handled rel
atively easily by Alabama and if
Penn State gets by Hardin Sim
mons, SMU should be the team to
beat in the tourney.
Penn State will again be without
the services of high-scoring for
ward Tom McCluskey. He went
down in the seventh minute of the
Alabama game with a sprained
right knee and will not be avail
able for either tournament game.
McCluskey may be ready for some
light work in Monday's game
against South Florida, according
to team trainer John Isforwig.
McCluskey, who was leading the
Lions in scoring going into the
Alabama game, has been the early
scoring spark for Penn State and
without him in the lineup against
St. Joseph's, the Lions' outside
shooting was a question mark.
David Griffin was the answer,
according to Head Coach Dick
Harter. The 6-6 forward made
good on his first five shots and
finished the game with a career
high 22 points on a nine of 13
shooting performance against the
Hawks. It was the second time
Griffin has led the Lions in scoring
after he was inserted into the
starting lineup three games ago
against Philadelphia Textile.
Vince Dooley
The Daily Collegian
cagers flying
in 'fast lane'
One player that shouldn't be
affected by the rigors of a de
manding road trip is center Mike
Lang. The 6-9 center has not
missed a game in his four years at
Penn State. Tonight will be Lang's
90th consecutive game for the Li
ons. His durablity as well as his
skills are making Lang a regular
in the Penn State record book.
Lang currently ranks sixth in
career rebounding (692), needing
only nine more to surpass Randy
Meister to move into fifth place.
He also ranks fifth in career shoot
ing percentage (50.3) and fifth in
assists (223).
The muscular center is leading
the Lions in both scoring (12.8
points per game) and rebounding
(8.5) and against St. Joseph's, his
12 points and 10 rebounds marked
the 13th time that he has scored
and rebounded in double figures.
Aside from Lang's personal ac
colades, the Lions are starting to
make believers out of the most
skeptical of fans. Penn State is
averaging 80.5 points per game,
which is far above any previous
average of a Harter-coached
team. Last year the Lions only
averaged 61.3 per game.
One . of the Lions' biggest
strengths is their depth. Eight
players are averaging over half a
game and non-starters have been
major contributers in crucial situ
ations. Freshman guard Alex Agu
dio made a pair of clutch free
throws to preserve the win at the .
Palestra against St. Joseph's and
6-11 center Dick Mumma canned
three jumpers in a row to bring the
Lions out of a brief scoring slump ,
in the same game.
Depth and tenacious defense
have vaulted Penn State into a
position where the Lions might
very well do something unheard
for Penn State basketball, like
crackirig the top2o. Now that Penn
State is again involved in confer
ence basketball via the Atlantic - 10;
the National Collegiate Athletic
Association Tournament is a very
realistic goal come March.
Already this season has been a
season of firsts. Starting off the
season at with four wins was the
first time since 1972 that Penn
State was 4-0, the win in the Pales
tra was the first win by a Penn
State team in Philadelphia since
1973 and that same win, was the
first conference win since 1977.
Two wins at the Morning News
Classic this weekend would mean
the Lions would win their first
tournament since 1974.
Maybe the best is yet to come for
the Lions.
Photo courtesy Georgia Sport's Information
Friday, Dec. 17