General Investing >> Money Manager Interviews >> January 12, 1998

Mary J. Miller – T Rowe Price Associates

MARY J. MILLER, CFA is a Managing Director of T. Rowe Price Associates and head of the firm's Municipal Department. She serves as President of the following funds: the California Tax-Free Bond Fund, the T. Rowe Price Tax-Free Short-Intermediate Fund, the Tax-Free Income Fund, the State Tax-Free Income Trust and the Summit Municipal Funds. She is also a Vice President of the remaining T. Rowe Price tax-free funds. Prior to joining the firm in 1983, Mary was employed as a Research Associate at the Urban Institute of Washington. She is a graduate of Cornell University, earned a Master of City and Regional Planning from the University of North Carolina and has also achieved the Chartered Financial Analyst (CFA) accreditation. Profile
DONALD J. PETERS is a Vice President for T. Rowe Price Associates, a Portfolio Manager and a Quantitative Investment Analyst for the Equity Research Division. He is Co-Chairperson of the T. Rowe Price Tax- Efficient Balanced Fund. Prior to joining the firm in 1993, Don was a Portfolio Manager for Geewax, Terker and Company. He is a former naval officer and he worked on the staff of Admiral Hyman G. Rickover. Don earned a B.A. (Economics) from Tulane University and an M.B.A. (Finance) from the University of Pennsylvania, Wharton School. He is the author of "Valuing a Growth Stock" Journal of Portfolio Management, Spring, 1991; "Are Earnings Surprises Predictable" Summer, 1993; "The Influence of Size on Earnings Surprise Predictability" Journal of Investing, Winter, 1993; (with Richard T. Whitney) "The Changing Balance of Power Between the Buy and Sell Sides" Journal of Investing, Fall, 1996; and Contrarian Strategy for Growth Stock Investing, Quorum Books, 1993. Profile
TWST: I have with me Donald J. Peters and Mary J. Miller of T. Rowe

Price. Why don't we start by your giving to me a description or profile

of your firm?

Ms. Miller: T. Rowe Price is an