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C6 THE OAKVILLE BEAVER Wednesdsay March 24, 1999 Largest Selection of Famous European Brand Names A ll Under One Roof Amazing collection of shoes and sandals... specializing in wide widths for fashion and comfort BIRKENSTOCK German engineering for you feet of Germany SERVA$ I f||(V _ Unmika trot*" W* SALAMANDER® £0 E 0 £ M tP H lS T O ^ r o m ik a OPEN ALL YEAR ROUND - Shoes and handbags a t Discounted W arehouse Prices! Going s o u th ... Selection of sandals ava ilab le Hours: M on.-Sat. 9 to 5 Sun. 11 to 4 INGEBORG'S WAREHOUSE 1 6 8 1 F IN F A R C O U R T , / Q A C \ Q Q O 7 /1 I C M IS S IS S A U G A ( y U O ) 0 ^ 0 " / 4 1 0 (S) Calorad® N otes from M aria Kinlough o f " The Perfect B ody" Hi Everyone! Is it just me or do you feel that welcome warmth of Spring in the air as well? Winter is fun but I think that we need a change. Ah yes, summer, shorts & bathing suits. Does this sound like a scary proposition to you? Well, it doesn't have to be any longer. I know some of my clients never used to enjoy summer because they always wore slacks, the prospect of shedding their sweatshirts and long pants made them feel uncomfortable. If this sounds familiar to you why not try taking Calorad, the all Canadian product that helps you build lean muscle and shed fat while you sleep. Calorad is one of the best things that you can do for yourself. Not only do you benefit from a slimmer body but you will be taking something that is good for you. This is the easiest way to lose fat that you have ever experienced. There is no need to be worried about cost, for just $37.50 you can become a distributor and buy all your products wholesale if you wish. We have over 35 wonderful health supplements and excep­ tional beauty products beside Calorad. This is an option open to you at anytime, order direct from the company or buy through a distributor. Well, I for one am looking forward to the shorts and bathing suit season for the second summer. Why, because I take Calorad. Life is wonderful when you feel good about yourself. For more information on Calorad or any of the other products in our line please contact: "The Perfect Body" (905) 338-5593 Independent Distributor For m ore inform ation on Physical Fitness achieved with the help o f Calorad. Please contact D irk Gebhardt, D irector o f Fitness, The Women's Club 849-9696. -- travelI "rear Rental IIIH M cG O W A N Insurance Services Ltd. T h e Oa k v il l e Bea ve r S u tp e r C h i b s - B e n t le y 1 C L A R 1 N S------------ PAR I ■------------- To purchase your tickets w ith Visa, Mastercard or American Express please call Don or Julia at (905) 257-4135 • GRAND PRIZE - Caribbean Cruise with Royal Caribbean Cruise Lines. One week, two people, air from Toronto. • SECOND PRIZE - SuperClubs, Breezes Golf & Beach Resort, Runaway Bay Jamaica. One week, two people, all inclusive, air from Toronto. • THIRD PRIZE - Antigua, Royal Antiguan Beach & Tennis Resort. One week, two people, all inclusive. • FOURTH PRIZE - SuperClubs, Puntarena, Cuba. One week, two people, all inclusive, air from Toronto. • FIFTH PRIZE - SuperClubs, Breezes Nassau Bahamas. Three or four nights, two people, all inclusive, air from Toronto. EARLY BIRD DRAW! • MARCH 1 8 ,1 9 9 9 • Sun Care Gift Basket • Weekend Car Rental Number of Tickets Printed 15,000 Licence No. M555818 Draws will be held at the Burloak Canoe Club at 7:00 pm to 9:00 pm on the following dates: Early Bird -January 21, 1999 March 18, 1999 Draws - May 13,1999 Tickets $10 available from: Lions Club Members & Community Partners Business Successful Investing with Patrick McKeough TIP OF THE WEEK: "Promises of huge returns should signal danger, rather than a bargain." How to spot a Ponzi game The Ponzi gam e is nam ed after Charles Ponzi, a Boston swindler who bilked investors out of $9.5 million in the sum m er of 1920. KEY E L E M E N T S 1. Promises of high returns, often 15% to 30% yearly. (Ponzi offered 50% interest every 45 days.) 2. A common-sense explanation. The swindler says his business is so ingenious or politically unacceptable that banks won't finance it. 3. Pressure to keep investment in the "business" and reinvest profits. The scheme continues so long as cash coming in exceeds cash outflow. How it worked: Ponzi claimed to profit in international postal coupons. You can buy these coupons and include them in a letter to a foreign country. The receiver can exchange them for local postage to reply to your letter. Coupons were the same around the world. But prices were fixed in the local currency, and currency markets were volatile. Ponzi claimed to buy coupons in weak-currency countries like Bulgaria, and sell them in the U.S. T H E T A R G E T S Ponzi operators often target industries that are in the news and have a "gold rush' aura. Recently, one individual raised money to speculate in Internet domain names. He claimed to register thousands of names such as www.generalmotorscars.com (at $70 U.S. each). Then he would sell them to companies that weren't far-seeing enough to register them on their own. T H E V IC TIM S Ponzi schemes have cheated poor and uneducated investors of hundreds of millions in newly liberalized countries such as Albania and Turkey. But lawyers, accountants and other educated individuals also fall for Ponzi games every year, when greed clouds their judgment. ► Ponzi games illustrate one of the key rules of successful investing: If an investment sounds too good to be true, it probably is. © 1999 ArtPress International ^ s le K o X h e rrn GRAPHICS SYNDICATE 7r. The Bull and editor of Jhe Successful Investor, a monthly investment Gear maker wins PACE Award For the first time ever, Canada has a PACE (Premiere Automotive Suppliers Contribution to Excellence) winner and it's from Oakville. Stackpole Limited of Oakville won a PACE Award for its development of a unique approach to manufacturing transmission gears. In total, Canadian companies received six PACE awards, including two semifinalist prizes and three finalist awards. "Those reports on the 'brain drain' to the U.S. don't really hold a lot of water, if our performance in the recent PACE Awards program is any indica­ tion. "As far as we're concerned, innovation is alive and well in Canada's automotive parts industry," says Charlie Reid, National Director of Ernst & Young's Automotive Industry Practice in Canada. The PACE Awards program was launched five years ago by Ernst & Young and the Automotive News to celebrate innovation in the industry sector and to study the characteristics of highly innovative companies. By selectively densifying the material in the teeth of the gear, Stackpole can produce parts suit­ able for high load-bearing applications (like trans­ mission gears) with a powder metal process that used to be limited to producing parts in less demanding uses. "This may not seem like much," says Reid, "but the implications for transmission design are enor­ mous. First of all, powdered metal parts weigh less, but the greater advantage is the fact that they are produced in their.final shape in one shot with no additional machining requirement at all. This dra­ matically reduces the cost to manufacture them." What's more, Stackpole's process now allows incredibly complex gear designs to be manufac­ tured. Gears that could only be dreamed of a year ago can now be manufactured in high volumes. M anaging is w h at business is all abou t (Continued from page C7) called performance steps painted on the side of a construction shack. I can only assume they were placed there by the owner/manager to remind their associates of the values upon which the company worked. I was sufficiently impressed to write them down. Here they are. Work a full day every day. Talk and deliver quality, always. Plan for performance. Think ahead. Meet or beat the schedule. Confirm performance expectations. Let no one short the rest of the team. Check the work! Always solve the problem. Keep a clean job and a safe job. Always seek the better way. Use the right tools. If it's not right, take it down. Take responsibility and place responsibility. One-person company or mega corporation nothing is more important than managing the things we believe about business. Nothing. Dave Anderson is available for sales meetings and annual conferences. Call 705-526-7661. Virtual m a ll proving popular O a k v ille P la c e p ilo t p ro je c t h ittin g rig h t n o te s The Canadian real estate indus­ try 's first on-line mall to offer secure e-commerce transactions, is gaining considerable momentum. In December 1998 alone, www.oakvilleplace.com the Cambridge-authored website fea­ turing Oakville Place, attracted over 10,000 visits, bringing traffic on this virtual mall to 40,000 since May 1998. This is a test program for Cambridge Shopping Centres Limited, owner of Oakville Place, and nine retailers on the site are very enthusiastic about their partic­ ipation. Three major credit card Q)ouou need a 6m makeovei1? Want to look younger, sexier, slim m er? You don't need a personal trainer or a plastic surgeon - ju st a different bra! rans v Fitting Day" A fitter from Lejaby will join us. You can win a $100 GifLCertmcate Your Bra Fitting Expert 32AA-44G 100 Bronte Rd. (South of Lakeshore) Unit #3, | Oakville • 847-1512 r companies have now been brought on-board and consumers can buy over 100 different products, as well as gift certificates, on-line. For con­ sumers, there is considerable com­ fort in shopping on-line from a "real" bricks and mortar mall, and from buying products from well- known, local merchants. In addi­ tion, consum ers appreciate the added convenience of buying from a variety of stores using one shop­ ping bag and one credit card trans­ action. M erchandise is delivered within two to three days of order­ ing. Oakville Place was chosen as the pilot for Cambridge's e-commerce, because an estimated 84% of homes in the m ail's trade area have a high propensity for Internet access. While much of the traffic was initially expected to come from within Oakville Place's trade area, in fact, many orders came from well outside the demographic area. Since the launch of the e-commerce por­ tion of the site in late November 1998, orders have originated from Winnipeg, Colorado, Singapore, as well as a small ^sland 800 miles off the coast of Hawaii. The website has also generated interest from Northern Ontario, U.K., France, Australia, New Zealand, Hong Kong, Israel, and Sweden. * Feedback from visitors indicates that consumers are ready for e-com­ merce, like the idea of shopping on­ line from a real mall, and want to see a larger selection of stores and products on-line. Sandra Gillians, project leader with Cambridge Shopping Centres Limited, says customers are begin­ ning to expect the kind of informa­ tion and com m unications access that a website offers. "Now, they can log on to the website and learn all about the stores, what they sell, find out about upcoming events in the mall, information about mall hours, parking and services." The World Wide Web represents the world's fastest growing com­ mercial opportunity. Yet, until recently, opportunities to shop on­ line at Canadian sites have been limited. The site was designed by Lasso Communications in Toronto, which specializes in Internet merchandis­ ing using NetM erchant software. All credit card transactions are encrypted for optimum security. 1 > http://www.generalmotorscars.com http://www.oakvilleplace.com