The
CARDIGAN CHRONICLE Winter 1992
Bringing Real Life to the Classroom:
The Revival of the Eastern Ski Program
Math Classes Participate in Simulation Stock Market Often students wonder about the relevancy of their studies to the real world in which they will be working in a few short years. For example, they sometimes question the importance of having to "solve for x" or of learning weights and measures. At Cardigan, however, the faculty work hard to relate theory and information to practical application as much as is possible within the context of classroom learning. Steve Fenton, a Cardigan math teacher, has involved his seventh and eighth grade students in a special simulation learning experience by having them participate in The Stock Market Game, sponsored by The Boston Globe. Their participation in this activity has given these boys a "taste of real life," and at the same time utilized their math skills. Approximately 75 schools throughout New Hampshire (high schools included) took part in this educational activity. On the regional level, 43 New Hampshire middle sch09ls Were involved. Each of Fenton's math classes was divided into-two teams this fall, and each of those fourteams received a $100,000 mock bank roll at the start. The teams individually chose a portfolio of stocks from the three exchanges (NYSE, AMEX, and NASDQ), reported their choices to the game's headquarters once a week, and then watched and waited as their "investments" were affected by the market. Everything in this game is based on the actual prices of the stock market, bringing the game that much closer to "real life."
The scan sheets upon which the teams' choices were reported showed any buying and selling the team had carried out, as well as any price limits they_may have decided to set. They were sent on a weekly basis to Kansas State University where they were handled by the Regional Processing Center. Decisions made by the teams could become further complicated if they chose to bhy "on margin" orto "short sell." In an interest to have his students stick to the basics and learn them well, Fenton encouraged his students to avoid either of these somewhat risky strategies, but, at one point, a team inadvertently bought "on margin" (exceeding its bank roll limit), and the results were mixed. Just how realistic is the game? Fenton asserts that it's "as realistic as you can get without actually doing it." And he ought to know . Fenton is familiar with the ins and outs of investments, having worked three years for Scudder, Stevens, and Clark, an investment company in Boston, before joining the faculty here. Not only were the game's prices based on actual prices, he says, but teams had to ·account for "broker's fees" each time they made a transaction. The students could trade on a daily basis if they so chose, but Fenton's advice was to buy and hold. In general, this was the course each Cardigan team followed, and the stocks they invested in were, for the most part, Dow Jones ("Blue Chip") type stocks such as Nike, Mobil Oil; AT&T, Delta, and Pepsi. The teams only sold some of their stocks.
Eastern Skiing's beautiful views
On a weekly basis, the teams received their state and regional rankings as well as a listing of their market activity for the week. The report showed what the team had bought and sold, the prices at which each transaction was rriade, whether the team had gained or lost over the week, the broker's fees, and the total value of the portfolio. The teams also received a weekly newsletter, In the News, which reported real-life market news and activity. Fenton's reasons for playing the game were several. Primarily, he wanted the students to learn how various aspects of the economy, such as interest rates and the money supply, are affecting the stock market. Basic tactics he encouraged were: to buy the stocks of companies that were fairly solid, and "hold," and to "buy low and sell high ." Incidentally, one of the lessons that the participants learned through experience was that it is not always beneficial to sell a stock that is not doing well and buy another that is; in that case, one would
continued, p. 2
Reaching out to the Elderly and Ill
Cardigan students Todd Norton and Chris Simons enjoy a moment with Mr. William Seeber at McKerley Health Center
Cardigan Volunteers Serve Upper Valley and Cardigan Communities Student volunteerism is strong at Cardigan, and the School's Club Program provides numerous opportunities for students to contribute valuable services for the betterment of the Cardigan and Upper Valley communities. Neil Brier, Head of the Cardigan Club Program, has emphasized the importance of helping students understand the concepts of outreach and service. For example, clubs provide services to the ill and needy in the Upper Valley and are active on campus in the recycling proGrandparents' Weekend May 2-3 gram and campus environmental cleanup. Commencement May 30
Dates to Remember
Students who opt to reach out to those outside of CMS might find themselves in either Mr. Clark's or Mr. Macdonald's van on Thursday afternoons. Mr. Clark takes boys to the McKerley Health Care Center in Lebanon to visit with elderly residents, and Mr. Macdonald's club members volunteer at the new Dartmouth Hitchcock Medical Center. Students in both clubs find the experience extremely rewarding and worthwhile. "Working with the elderly was an enjoyable and memorable experience. We hope other students will follow in our footsteps," say Todd Norton and Chris Simons, both seniors, of their visits to the nursing home. Of his Hospital Club Mr. Macdonald says, "Any activity which makes a person aware of his or her social responsibility to help others is a worth while ven lure. The boys improve the quality of life forthe people they work with." And Ladi Oguntoyinbo '92, who participates in this club, feels the same. Heis aware that he is a bright spot in the life of the person with whom he works, and he feels responsiblefor showing up as expected every time.
continued, p. 2
Under the guidance of Coaches Stew Richmond and Bob Gregg, Cardigan's Eastern Ski Program has been reestablished. Cardigan Mountain Ski Ciub, one component of Cardigan's Alpine Team, is once again competing in the Eastern Division of the United States Ski Association. The Eastern program is a series of alpine races for skiers of different ages and abilities. Most ski areas in New England sponsor U.S.S.A. ski clubs whose racers compete in this weekend race series, and Cardigan, too, sponsors such a club. The program is designed to introduce young skiers to competitive skiing and to help teach racing skills. In addition to the new Eastern program, Cardigan continues to compete in the Junior Varsity and Third Team meets of the region's prep schools and, periodically, races against ski clubs oflocal public schools. These races take place on Wednesdays, and all of our racers compete'in this series. Coach Gregg feels that one of the berwfi.te, 0fh:ivirig lhf" F./JSIP. rn Pm~ram_ as well as the regular Alpine team is that these boys benefit from the introduction to high quality, competitive skiing. In tum, it broadens · "the geographic base from which Cardigan attracts its students. " People from all over the Eastern United States become aware of Cardigan's existence when these boys compete; the school receives a lot of exposure. Coach Richmond and Coach Gregg were instrumental in reestablishing the Eastern program at Cardigan. Mr. Richmond, in his third year here, has many years of experience in competitive and instructional skiing from his days at St. Paul's School, Colby College, and from his years with the Sugarloaf Mountain Ski School. Many of his racers, who have graduated in the past two years, are . now enjoying considerable success this season on the home slopes of skiing power houses such as Holderness School and Gould Academy. Coach Gregg, a graduate of Holderness School and the University of New Hampshire, has five years of instructional skiing experience, in addition to eight years of Eastern skiing experience. Both coaches look forward to the continued development of the whole
continued, p. 2
INSIDE: Alumni Spotlight:·
pg. 6
Serenity House
Parents Weekend:
4
Auction Action!
Sports Update
5
Faculty Profile
2