Experts in Rensselaer's Lally School to Discuss the Stock Market's Performance in 2004

September 23, 2003

Troy, N.Y. - Experts from Rensselaer Polytechnic Institute's Lally School of Management and Technology will examine the stock market by industry and offer in-depth investment analysis in a Wednesday, Oct. 1 seminar titled, "Will the Stock Market Recover… and If So, When?"

The Lally School-sponsored event will be held from 3 to 5:30 p.m. in room 318 of Rensselaer's Darrin Communications Center. It is free and open to the public.

"A number of factors - the current tumultuous international situation in the Middle East and the continuing global downturn, to name two-have made it difficult for some investors to forecast and make decisions about the stock market," said Denis Fred Simon, dean of the Lally School. "The faculty members participating in our seminar have a vast amount of experience with and knowledge of the stock market, and we are confident that they will help attendees gain a deeper understanding of what's in store for Wall Street.

Simon will moderate the event, which will begin with talks by Pier A. Abetti, professor of management, and Bela Musits, founder and managing director of High Peaks Venture Partners LP. Abetti will explore "The Rise and Fall of the World's Most Valuable Companies," and Musits will talk about "The Rise and Fall of New Entrepreneurial Ventures."

Next, a panel of Lally School experts will discuss market trends in specific industries:

Biotechnology and pharmaceuticals - Shreefal Mehta, research assistant professor of management;

Information and communications - Greg Hughes, clinical professor of management and former Lucent executive;

Media - Phil Phan, the Warren H. Bruggeman '46 and Pauline Urban Bruggeman Distinguished Associate Professor of Entrepreneurship;

Banking and financial services - Iftekhar Hasan, professor of management; and

Professional and consulting services - Thiagarajan ("Ravi") Ravichandran, associate professor of management.

Hugh Johnson, senior vice president and chief investment officer for First Albany Corporation, will speak about "The Perspective of Institutional Investors."

At the conclusion, Simon will poll the audience of students, faculty, business leaders, and guests on their views of industry trends and on their own market predictions.

Contact: Caroline Jenkins
Phone: (518) 276-6531
E-mail: N/A

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