H. GIFFORD FONG. Is President of Gifford Fong Associates, a firm specializing in fixed income, derivative product analysis, and asset allocation. He is also Editor of the "Journal of Investment Manag"ement (JOIM). Mr. Fong has received a number of honors, including the Institute for Quantitative Research in Finance Award and the "Financial Analysts Journal's" Graham and Doff Award of Excellence. He is also coauthor of "Fixed Income Portfolio Management" and "Advanced Fixed Income Portfolio Management,"