Abstract
EDITOR'S NOTE: The Editorial Board wishes to express its gratitude to Messrs. Kennedy and Doan for the privilege of publishing their addresses at the May 1967 Annual Conference of The Financial Analysts Federation in San Francisco. The publication of these talks was reserved for the Journal at the request of Mr. Charles P. Neidig, Partner of White, Weld & Co., who served as moderator at the Chemical Forum. We extend to Mr. Neidig our deep appreciation for his efforts on the Journal's behalf.
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