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CONTACT: GEORGE MCCRORY
100 Old Public Library
Iowa City IA 52242
(319) 384-0012; fax (319) 384-0024
e-mail: george-mccrory@uiowa.edu

Release: Oct. 18, 1999

HENRY B. TIPPIE COLLEGE OF BUSINESS NOTES

PAPPAJOJHN LECTURE ON ICN - The UI John Pappajohn Entrepreneurial Center will host the 1999 Bacon Ethics Lecture by John Pappajohn, president of Equity Dynamics, Inc. and founder of the Pappajohn Capital Resources venture capital fund, on Oct. 22 at 2 p.m., via the Iowa Communications Network (ICN).

"Ethics in Financing Start-up Companies" presented by Iowa State University’s Murray G. Bacon Center for Ethics, will be shown in UI’s North Hall, Room 107. The lecture will be broadcast from Iowa State via the ICN to all four Pappajohn Entrepreneurial Center locations across the state.

Named Iowa Business Leader of the Year in 1992, Pappajohn entered the Iowa Business Hall of Fame in 1996. He founded the Pappajohn Capitol Resources venture capital fund and has served on the board of directors for more than 40 public companies and many private firms. He is a member of The Society of Financial Analysts and the Association for Investment Management and Research. Pappajohn also serves on the National Committee of the Performing Arts, Kennedy Center Board.

Seating is very limited at North Hall, and reservations are required. Call Carolyn Norton, (319) 335-1022 to make reservations.

DATA MINING SEMINAR— A seminar series on adaptive computer systems continues Oct. 22 with a look at the latest advances in data mining and its use in securities trading.

The seminar is from 2:30 p.m. to 5 p.m. Friday, Oct 22, Room W401 in the John Pappajohn Business Building. Speakers will discuss the expanding field of data mining, where computer programs search through a large volume of data to find valid and potentially useful patterns of information.

Charles Elkan, associate in the department of computer science and engineering at the University of California, San Diego will focus on how genetic algorithms, a computer search method inspired by the principle of survival of the fittest, can be used to develop trading strategies. These methods look for the best examples in a population of data while discarding poor examples, and can be used to sort through huge amounts of past trades data about securities to predict what securities should be traded in the future and how often to trade.

Nick Street, an assistant professor in the UI management sciences department, will look at how genetic algorithms can improve data mining programs and expand the number of solutions.

The seminar is part of a semester-long series "Complex Adaptive Systems and Their Business Applications" in the University of Iowa Henry B. Tippie College of Business. Filippo Menczer, UI assistant professor of management sciences, is coordinating the series, which is sponsored by the Santa Fe Institute’s 1999 Fellows-At-Large program and by the NCS Corporate Lecture Series.

A complete seminar schedule is at http://www.biz.uiowa.edu/class/6K299_menczer/. For more information, contact Menczer at (319) 335-0884.

BIOINFORMATICS SEMINAR — Scientists from Pioneer Hi-Bred and Sandia National Labs will speak at the UI Tippie College of Business Oct. 29 about bioinformatics, which uses adaptive computer systems as a tool in DNA structure research.

The seminar is from 2:30 p.m. to 5 p.m., Room S401 in the John Pappajohn Business Building.

Jim Golden, computational biology coordinator at Pioneer Hi-Bred International, will review some of the algorithms (computational procedures) researchers are using in computer systems to model DNA sequences and discuss alternative ways of understanding DNA. William Hart of Sandia National Labs will discuss how evolutionary algorithms, based on the principle of natural selection, can be used to predict DNA structures and identify promising new drugs.

The seminar is part of a semester-long series "Complex Adaptive Systems and Their Business Applications" coordinated by Filippo Menczer, UI assistant professor of management sciences and sponsored by the Santa Fe Institute’s 1999 Fellows-At-Large program and by the NCS Corporate Lecture Series.

A complete seminar schedule is at http://www.biz.uiowa.edu/class/6K299_menczer/. For more information, contact Menczer at (319) 335-0884.

SMALL BUSINESS TAX EXPO — The UI Small Business Development Center (SBDC) is hosting a Small Business Tax Expo Nov. 1 focusing on federal tax issues.

The UI SDBC, the Internal Revenue Service and the UI John Pappajohn Entrepreneurial Center are sponsoring the program, which is from 8 a.m. to 5:30 p.m. Nov. 1 in the Iowa Memorial Union.

Participants can find out when to withhold employee taxes, the difference between employees and independent contractors, tax implications for different kinds of businesses and how to prevent tax problems. In addition, several certified public accountants will be available during the afternoon session to answer questions.

Registration fee is $35 and includes a continental breakfast, but lunch is on your own. To register or for more information, call the UI SBDC at (319) 335-3742.