ALAN P. JACOBS is a Senior Managing Director and the Chief of Investment
Strategy at Avalon Research Group Inc. Mr. Jacobs oversees the
development and implementation of investment themes and strategies. Mr.
Jacobs also represents institutional clients, including some of the
largest and most sophisticated money managers and hedge funds in the
country. Mr. Jacobs has worked in the securities business for over 30
years. Prior to Avalon Research Group Inc., Mr. Jacobs served as an
Executive Board Member for a medium-size brokerage and money management
firm, where he supervised all portfolio management and research. Mr.
Jacobs has also served over 10 years at Neuberger & Berman as Trader and
Broker dealing with professional clients.
Alan P. Jacobs - Avalon Research Group Inc
April 26, 1999