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July 02, 1993 - Image 34

Resource type:
Text
Publication:
The Detroit Jewish News, 1993-07-02

Disclaimer: Computer generated plain text may have errors. Read more about this.

ATTENTION HOME BUYERS

WANT TO PAY
ZERO POINTS?

CEOs Under 17
Is Productive

There's nothing to it

RUTH LITTMANN STAFF WRITER

he waiting list for
CEOs Under Seven-
teen is lengthy.
Children consider
it a cool thing to do,
according to one teen-ager
who is creating a business
plan for her own health-
care service.
Some sponsors wish
government regulators
also would come to this
conclusion and abolish
laws that restrict youth
from entering the busi-
ness world. Complex tax
forms and licensing laws
get in the way of keeping
youth off the street, they
say.
A recent Wall Street
Journal editorial reported
the dilemma of a Kansas
City teen-ager who started
a hair styling service
through that area's chap-
ter of CEOs Under
Seventeen. Local salons
heard of her accomplish-
ment and complained to
the State Cosmetology
Licensing Board, which
ordered the girl to cease

T

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operations until she
obtained a license.
"I appeal to you to help
me deregulate, especially
in the inner city, where
it's a matter of life or
death," said Steve.
Mariotti, founder of the
National Foundation for
Teaching Entrepreneur-
ship. Mr. Mariotti
addressed a group of DBI
and Joy of Jesus benefac-
tors in Detroit in May.
For Kinda Anderson,
who started her own
sewing company in
Detroit, involvement in
CEOs .Under Seventeen
might have made this
vital difference.
"I could've probably
been out at a party and
shot or something," she
said. "But this keeps me
out of trouble. It makes
me more mature. If you
want to make money, you
have to apply youtself. I
think now about what I
want to do with my
future." ❑

Leading Israeli Stocks
Traded On U.S.
Exchanges

Symbol Name

Exchange June 18 June 25 Change

SCIXF

Scitex

NASDAQ

8

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'37.25

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ECILF

ECI Telecom

NASDAQ

'35.50

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TEVIY

Teva Pharm

NASDAQ

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IEC

PEC Israel

NYSE

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ELBTF

Elbit Computers NASDAQ

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'44.25

-50.75

ELT

Elscint LTD

5. 25

-s025

ELRNF

Elron Electronics NASDAQ

'20.25

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TAD

Tad i ran

NYSE

'30.38

'30.38

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CMVT

Comverse

NASDAQ

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-50.12

LANTF

Lannet Data

NASDAQ

'14.00

'12.63

.91.37

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'5.50

5

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Source: Allen Olender, Prudential Securities,
West Bloomfield.

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