Goleta Sun from Goleta, California • 12

Page 12 ETA SUN Wednesday August 1 1 1982 I III III I BUSINESS tA 4 4 4 CCT Completes Merger Owfied dftd operated bv Ghee IL DeCoode Cvm I wwJwPvtvA lwTWvy Wfi 11 Caftans from the LaCumbre Savings Names Officers Ho Joins Practice manufacturer of a full line of minimicro disk drives CCT with its corporate offices in Santa Barbara California develops and manufactures magnetic recording heads and mini disk drives for computer memory applications and high technology microwave components and systems for communica tions and aerospace applications CCT also announced today that its Board of Direc tors authorized the repurchase of up to 500000 shares of its common stock sion Investment Trust in San Diego for three years prior to that His new position at La Cumbre will in volve making real estate and other loans available to La Cumbre clients He has a son in medical school and two daughters also in college at San Diego State and Humboldt State in Arcata A late summer opening is planned for La Cumbre Savings a locally chartered with offices at 3892 State Street near the corner of State and La Cumbre Road Dr Phillip Ho has now opened up dentistry prac tice in full partnership with Dr Gregory ST Charlton in Goleta at 966 Embarcadero Del Mar Dr Ho was born in Taiwan and moved to the United States in 1965 After graduating fron UCLA with Bachelor of Science degree in Biological Chemistry he remained there as a graduate student in Computer Communications Technology Corp and Rotating Memory Systems Inc announced today that they have completed their previously announced proposed merger of RMS into CCT RMS located in Milpitas California is a leading supplier of Winchester fixed media disk drives to the OEM market The RMS shareholders received 475000 shares of common stock and $4750000 in cash Mr ET Bahre Chairman and Chief Executive Officer of CCT stated that the addition of disk drive product line and related capabilities will complement the existing disk drive line of its Data Peripheral subsidiary and provide CCT will a full line of minimicro disk drives Additionally Mr Bahre stated the CCT which also manufactures magnetic disk recording heads and recently has sign ed an agreement in principle with Ampex Corpora lion for a license to manufacture ALARim metallic thin film disks regards this transaction as furthering strategy of becoming a vertically integrated Located 3 Calte Rad la the Orchid Bowl vjwwiwtww ft wrac wi iiuc muic ET Bahre Chairman and Chief Executive Of ficer of CCT stated that he believes that the recent decline in price has resulted in common stock currently being undervalued CCT with its corporate offices in Santa Barbara California develops and manufactures magnetic recording heads and mini disk drives for computer memory applications and high technology microwave components and systems for communica tions and aerospace applications ANUI ELLIOT SANTA BARBARA was nam ed i lie Court of Recruiting during a recent Mars Kas Cosmetics Seminar at the Dallas Conven tion Center Mrs Elliot has been an independent xalco director oi "ic international cosmetics firm i uc 1977 David Ponath President and Chief Executive Of ficer of La Cumbre Savings and Loan has announced that Gary Burns has been appointed as Vice President Chief inancial Officer and Melvin Nichols has been named Vice President Senior Loan Officer of Santa Barbara's newest financial institu tion Prior to this appointment Gary Burns served as Chief Internal Auditor of Mission ederal Savings for three years and prior to that as a public accoun tant with the firm of Bartlett Pringle and Wolf He is a graduate of Cal Poly San Luis Obispo and is cur rently the president of the North Santa Barbara Kiwanis Club In his position with La Cumbre Sav ings Burns will be involved in investing assets budgets and cash management Mel Nichols comes to La Cumbre with vast ex perience in finance and business having previously served as Vice President Manager Commercial Loan Department for The Colwell Company in Los Angeles for 4'? years and as Executive VP of Mis The Service Corps of Retired Engineers (SCORE) is hosting a two hour program during which learning how to evaluate your computer needs will be discuss ed The program is also co sponsored by the US Small Business Administration (SBA) and Santa Barbara Goleta and Carpinteria Chambers of Com merce Edward Gannon president alternative Computer Solutions and an instructor in a local college will lead the discussion on computer usage application and how to determine whether or not you need one The program will be held August 24 from 9 until 1 1 am at the ar West Savings Building 5902 Calle Real Goleta Registration is $5 SCORE can be con tacted through the Santa Barbara Chamber of Com merce SCORE Sponsors Computer Program The prices at Cymbidium axe very competitive and Giace (orifinaity from Luzon in the Philippines) fausti tima yp'Str 1 individual needs and New Sizes range from petite to larae or further information call 967 6014 or better yet stop by Cymbidium 8 located dear the Orchid Bowl Cymbidium sx jM 4 The At arcnmd the woitd v' JbL and sun IMI iHHw iBft i ii 4 A5 jk ff i I I ROUND UP CHECKING ROY ROGERS DALE EVANS INTRODUCE g1 VtJ 'ir'T'urr i iVsCjTftv i r' fe A 'A AR WEST SAVINGS and Loan Association ROUND UP EXTRA CASH Deposit any amount in "Round Up" checking and earn 5 if your balance is under $2000 When your balance exceeds S2000the Big Money Wranglersat ar West Savings will corral that excess cash and herd it into a high interest fund that pays our high repurchase plan rates You II earn those rates on every dollar over $2000 until you need your money a day a week a year or longer1 And your money is insured by an agency of the ederal Government up to $2000 EXTRA SECURITY TOO! Your balance over $2000 is not insured by the SLIC because it is not a savings account or deposit Instead it is secured by obligations secured by the Government or a US Government Agency The securities are held in a separate third party Trustee account at one of the largest commercial banks the United States and pledged to ar West Round Up Customers So round up your ready cash and apply for checking today' OPEN YOUR UP" ACCOUNT AT ONE THESE LOCATIONS VENTURA GOLETA 3959 Main St 5902 Calle Real Ventura CA 93003 Goleta CA 93117 ZS (805)644 7161 (805)967 0163 (OUM lOUS'NG LENDER ASSETS OVER $1 BILLON SAE SINCE 1889 SLIC 'w i the Department of Biological Chemistry in the school of medicine He practiced dentistry in Philadelphia following graduation from dental school Do Profits and Ethics Mix Well? Bartels Licensed as CPA The Santa Barbara Chapter of the American Socie ty of Women Accountants announces that Marjie Bartels has been licensed as a Certified Public Ac countant Ms Bartels is a tax acountant with Bartlett Pr ingle Wolf She is the past Secretary of the Santa Barbara Chapter of ASWA The National Association of Accountants will meet on August 1 1 at the Elegant armer Restaurant at 5555 Hollister Avenue in Goleta Dr William Puett will speak on business ethics a pertinent sometimes controversial and always in teresting subject The meeting costs $10 and begins at 6 pm with a ho host cocktail hour Call Gayle Reindl at 964 0611 ext 204 for more information SBCC Students Looking for Work student for every is the motto of Santa Barbara City student placement office which will continue its free job placement service for students and Southcoast employers when new academic year begins Wednesday Sept 8 Student Services Center placement office is open weekdays from 8:30 am to 4 pm at 965 0581 ext 333 Ms Handelsman and Shelia Henderson are available to accept employment re quests All job openings are posted for student considera tion and an effort is made to coordinate the most qualified applicant with each available job RETAILERS: i 4 I I SrZri Kyoto Li ILo 7 i JOM I 'JIB Miss Out On Our BACK TO SCHOOL ISSUE AUGUST 2bth CLOSING DATE: AUG 20th Goleta 52m Sun 1 II 0.