Stephen C. Franco

STEPHEN C. FRANCO is a Vice President of U.S. Bancorp Piper Jaffray and
a Senior Research Analyst focused on the emerging electronic commerce
industry. Prior to joining the firm, he was a Senior Analyst covering
electronic commerce and Internet technologies at Pacific Growth
Equities, a San Francisco-based investment research boutique. He also
formerly served as Program Manager for the interactive commerce research
practice at The Yankee Group, a leading technology consultancy and
market research firm. Mr. Franco holds a BA in English and an MBA from
Boston University as part of its accelerated five-year BA/MBA program.