Haas NewsWire 
May 14, 2001


**During the summer, Haas NewsWire will be published monthly. Weekly 
publication will resume on August 27.**


CONTENTS 

Over 600 Students in Four Programs to Graduate from Haas this  Sunday 
Management of Technology Receives $1.5 Million Endowment for Summer 
Internship Program  
California's Slumping Economy Faces Multi-Year Recovery, says Researchers 
UC Berkeley Teams Win Two Real Estate Challenges  
Haas Begins a Summer of Major Conferences 
Haas Celebrates a Year of Accomplishments 
New Staff at Haas 
Haas in the News????????????????????????????????????????????????  
Haas Celebrations


OVER 600 STUDENTS IN FOUR PROGRAMS TO GRADUATE FROM HAAS THIS SUNDAY
 On Sunday, May 20, 636 students representing four of the Haas School's 
academic programs will march through the Greek Theatre to commence their new 
roles as Haas alumni.

The Haas School will be conferring degrees to 290 undergraduate students, 233 
full-time MBAs, 106 Evening MBAs, and 7 Ph.D.s at this year's commencement 
ceremony. David Pottruck, co-CEO of Charles Schwab Corp., will deliver the 
commencement address. Dean Laura Tyson will be master of ceremonies. The 
student speakers are Theodore Liaw (undergraduate), David Theodore Marron 
(Evening MBA), and Patrick De Neale (MBA). 

The Haas graduation ceremonies on May 20 begin at 9:00 a.m. in the Greek 
Theatre. They will be followed by a reception on Kleeberger Field from 11:30 
a.m. to 1:30 p.m. Students get two free tickets to the reception. (Graduates 
are admitted free.) Students may pick up extra tickets ($5 each) in their 
program offices before Friday or at the door for the event. Children under 5 
are admitted free. 

New graduates looking to stay connected with the Haas School should visit 
http://www.haas.berkeley.edu/alumni/newgrads/index.html to learn more about 
the Haas Alumni Network.

MANAGEMENT OF TECHNOLOGY (MOT) RECEIVES $1.5 MILLION ENDOWMENT FOR SUMMER 
INTERNSHIP PROGRAM
 With the financial backing of a leading Silicon Valley venture capital firm, 
the Haas School of Business, the College of Engineering, and the School of 
Information Management and Systems are launching an innovative program that 
blends academic training in entrepreneurship with hands-on industry 
experience at Silicon Valley startups.? 

The Mayfield Fund, a top-tier venture capital firm headquartered in Menlo 
Park, California, has committed $1.5 million to fund the new program at UC 
Berkeley, to be called the UC Berkeley Mayfield Fellows Program. The new 
program will be administered by the Management of Technology Program (MOT), a 
partnership created in 1988 by the above three units of the UC Berkeley 
campus. Under the UC Berkeley Mayfield Fellows Program, graduate students 
selected from the College of Engineering, the Haas School of Business, and 
the School of Information Management and Systems work as summer interns at 
venture-backed high tech firms in Silicon Valley.? 

"I don't believe any other university offers its graduate students such 
rigorous training in starting new high-tech ventures, from both a business 
and a technology perspective," explains Richard Newton, dean of the College 
of Engineering.? "Add to that the opportunity to work directly for the CEO of 
a high-tech startup as part of the academic experience, and we have created 
something truly extraordinary for our students."

The first group of UC Berkeley Mayfield Fellows was announced this week, four 
each from the College of Engineering and the Haas School, all with extensive 
technical training and previous work experience in high tech. The names of 
the fellows will be announced at a later date.  In addition to the summer 
internships, UC Berkeley Mayfield Fellows participate in intensive classroom 
work, intended to blend the practical experience gained through their 
internships with the challenge and growth of a series of graduate seminars on 
technology and entrepreneurship. 

"The UC Berkeley Mayfield Fellows Program is a great example of the way in 
which we're succeeding at blending hands-on industry experience at Silicon 
Valley companies into the Haas academic experience," says Andrew Isaacs, 
executive director of MOT. "The joint MOT-Lester Center collaboration on this 
program makes this new venture all the more exciting."

The Mayfield Fund has made the $1.5 million commitment to UC Berkeley as part 
of its support of the Center for Information Technology Research in the 
Interest of Society (CITRIS), being created within UC as a focal point to 
apply advances in information technology to the solution of society's most 
critical needs. "Mayfield is excited by the opportunity to participate with 
UC Berkeley in a program that will enrich the entrepreneurial experience for 
graduate students," said Michael Levinthal, Mayfield Fund general partner. 
"The continual success of startups that have flowed from UC Berkeley to the 
Bay Area and beyond is exceptional, and Mayfield is proud of our association 
with this process."

CALIFORNIA'S SLUMPING ECONOMY FACES MULTI-YEAR RECOVERY, SAYS RESEARCHERS
 As California's prosperous glow begins to tarnish, the state as a whole 
faces sharply escalating unemployment rates, a leveling off or decline in 
home prices, rising office vacancies, and reduced construction over the next 
two to three years.? These are the conclusions of Professor Dwight Jaffee and 
California economist Cynthia Kroll of the Fisher Center for Real Estate and 
Urban Economics.

In the center's recently released Spring 2001 Research Report, Jaffee and 
Kroll point to the vulnerability of California, and particularly of the San 
Francisco Bay Area, as the US economy slows.? The authors look at the state's 
experience in past recessions and conclude that a two to three year 
adjustment period is likely before the state resumes expansion.

Jaffee and Kroll point out that the major stock price adjustments that 
occurred earlier this year reflected real changes in the economic factors 
driving California's economy.? Driven by expansion of dot-com and high tech 
sectors, computer programming employment alone grew by over 90,000 jobs in 
2000, with much of this increase found in the San Francisco Bay Area.? The 
bursting of the dot-com bubble and subsequent lay-off announcements leave 
this sector -- and the Bay Area -- particularly vulnerable.

The real estate market will also feel the effects in coming months, and the 
impact on the office real estate market is likely to be substantial. In fact, 
prices have already begun to decline in this sector. San Francisco's SoMa 
(South of Market) district, which has recently put on the market many offices 
geared toward dot-com-type firms, is most likely to suffer as a wave of these 
companies goes out of business.

The authors argue that office rent's could drop substantially -- at least 10% 
in San Francisco's downtown area and perhaps as much as 50% in the areas most 
heavily affected by the dot-com bust. Dropping rents could temper the rise in 
vacancies.? Companies that were previously forced out of the market by 
sky-high lease prices are now looking at reduced rates.

The residential real estate market will also be affected by the economic 
adjustment. Kroll and Jaffee expect the high-end residential real estate 
market, previously fueled by stock market gains, to contract the most as the 
crop of dot-com employees who found their way to quick wealth sell their 
newly overpriced homes. Lower- and mid-range markets will see more moderate 
price adjustments.

Based on past history, the researchers maintain that job losses and declining 
real estate prices could continue for two to three years.? They point out 
that in the longer term, both Silicon Valley and California as a whole have 
shown an economic resilience and the ability to resume expansion after a 
slowdown or recession.

UC BERKELEY TEAMS WIN TWO REAL ESTATE CHALLENGES 
 Victory came to the Haas and other UC Berkeley graduate students who 
participated in the two most recent real estate competitions: the National 
Association of Industrial and Office Properties (NAIOP) Challenge and the 
Bank of America Low-Income Housing Challenge. 

NAIOP Real Estate Development Challenge  The Shovel returned to Berkeley last 
Thursday, May 3, as the Berkeley team took home this symbolic prize of the 
NAIOP Real Estate Development Challenge. The NAIOP competition is a challenge 
between graduate students at UC Berkeley and Stanford and is sponsored by the 
San Francisco Bay Area chapter of the National Association of Industrial and 
Office Properties.  This year's challenge: What is the economic future for a 
strip of land and buildings on a former military base, on an island, in a 
tertiary market of the Bay Area, Mare Island. Teams of five students proposed 
the best use, design, financing, and marketing of a commercial real estate 
project.  In addition to strong market analysis, community buy-in, and a 
financial analysis that supported their phased development, the Cal team 
added something new: a dynamic marketing plan, including a 3-D video montage 
of site context, present and planned buildings and renderings, landscape, and 
waterfront. 

"Clearly the team leveraged the best talent of each member, orchestrating a 
comprehensive program for the base reuse," said Steve Chamberlin, adjunct 
professor at Haas who teaches real estate courses. "The city of Vallejo and 
the site developer, Legacy Properties, acknowledged how much they benefited 
from the Challenge exercise."

UC Berkeley's 2001 NAIOP team included Aimee Einstein, MBA 02; Jonathan 
Fearn, Masters of City Planning 01; Chiendao Glasgow, Masters of Architecture 
01; Maria Iniguez, MBA 01; and Sara Williams, MBA 02. UC Berkeley's team won 
the competition last year, bringing the decade-long battle with Stanford to a 
tie, five wins for each university. Winning this 12th Annual Cal-Stanford 
Real Estate Challenge changed the overall score to UC Berkeley - 7, Stanford 
- 5. 

 Bank of America Low-Income Housing Challenge?  Berkeley's team also won the 
Bank of America Low-Income Housing Challenge, a competition among several 
west coast graduate schools, in which each team must identify a viable site, 
gain community support, and then design, finance, and market an affordable 
housing project. A panel of professionals judges the projects. 

Berkeley's multi-disciplinary team proposed a project called Gateway Landing, 
to be located in downtown Oakland. The project proposed 70 units of housing 
affordable to families earning $20,000 - $40,000 per year. The project 
incorporates components of sustainable development, including energy 
efficiency design, links with public transportation, and programs for 
residents to aid upward mobility. In recognition of their efforts, the team 
received $2000, which they will donate to Urban Ecology and the East Bay 
Alliance for a Sustainable Economy. Copies of the team's final proposal are 
available on the web at http://sites.netscape.net/gtwylanding/sub1.htm.

This year's team consists of Paul Correa, Masters of City Planning (MCP) 01; 
Alexandra Galovich, MBA 02; Shinichiro Ikeda, MCP 01; Christia Mulvey, MCP 
01; Bao-Tran Truong, MCP 01; and Madeleine Zayas-Mart, MCP/Masters of 
Architecture 02. 

Final presentations were held on Wednesday, May 4, at 9:30 a.m. at the Bank 
of America Building in San Francisco. 

HAAS BEGINS A SUMMER OF MAJOR CONFERENCES
 Throughout the summer months, the Haas School of Business plays host to 
conferences both on and off campus. The first four scheduled for this summer 
are the Center for Financial Reporting and Management's (CFRM) Managing 
Stock-Based Compensation in a Declining Market, the Sixth Annual Fisher 
Center Real Estate Conference, the Center for Information Technology and 
Marketplace Transformation Conference on the Transformations Necessary to 
Enable eBusiness, and CFRM's Revenue Recognition: Navigating Recharted 
Waters.? Details on all of the conferences announced (so far) for the summer 
are below.

 CENTER FOR FINANCIAL REPORTING AND MANAGEMENT (CFRM) CONFERENCE "Managing 
Stock-Based Compensation in a Declining Market" Friday, May 18, 2001 1:00 
p.m. to 5:00 p.m. San Francisco Airport Marriott Over the past few years, 
stock-based compensation has become the currency of choice for attracting and 
motivating employee and non-employee service providers. The recent turmoil in 
the stock market is causing companies to reconsider these equity-based 
strategies to ensure that they continue to motivate and retain talent. 
"Managing Stock-Based Compensation in a Declining Market" is a half-day 
conference organized by the Haas School's Center for Financial Reporting and 
Management. Panelists will discuss accounting, tax, and human resource 
aspects of employee and non-employee stock options strategies.

The conference is chaired by Phyllis Klees, Principal of Deloitte & Touche's 
Human Capital Advisory Services. Audience questions and interaction will be 
encouraged. An outline of topics and speakers for both events is provided at 
CFRM's web page: http://www.haas.berkeley.edu/accounting.? Seating is 
limited, so sign up early.

 SIXTH ANNUAL FISHER CENTER REAL ESTATE CONFERENCE Tuesday, May 22, 2001 8:00 
a.m. to 5:00 p.m.  Westin St. Francis Hotel at Union Square, San Francisco  
Speakers and moderated panels will cover all aspects of real estate from a 
global strategy to the northern California economy to commercial real estate. 
Ken Rosen starts the day with an overview of the real estate and economic 
outlook. All Haas faculty and faculty associates of the Fisher Center for 
Real Estate are invited to attend free of charge. For more information, see 
http://groups.haas.berkeley.edu/realestate/ExecEd/AnnConfinfo.asp.

 THE FISHER CENTER FOR INFORMATION TECHNOLOGY AND MARKETPLACE TRANSFORMATION 
"Defining the Transformations Necessary to Enable eBusiness" Tuesday, May 22, 
2001  9:00 a.m. to 6:30 p.m. The Wells Fargo Room, the Haas School In light 
of recent volatile economic developments, The Fisher Center for Information 
Technology and Marketplace Transformation (CITM) has brought together major 
corporate and academic experts to identify the latest cross-functional 
changes now mandatory for Enabling eBusiness (EEB) in companies across all 
industries migrating to the Internet. 

The regular fee for this full-day event is $950; discounts are available for 
small companies, start-ups, Haas alumni, students, and members of CommerceNet 
and NAPM/S. CITM's sponsors, and UCB faculty are eligible for free 
admission.? For conference registration, sponsorship data and other 
up-to-date information, visit the CITM web site at:? 
http://haas.berkeley.edu/citm, e-mail citm@haas.berkeley.edu, or call 
510-643-5316.

The keynote speaker is Steve Ellis, executive vice president of Wells Fargo's 
Wholesale Internet Solutions Group.? Other speakers include Mark V. Klopp, 
managing director, Digital Business Ventures, Eastman Chemical Company; 
J_rgen Lutz, eProcurement, Bayer AG Leverkusen, and Jeffrey Kristol, 
corporate director for E-Business Applications, Danzas AEI Corporation.? 

 CENTER FOR FINANCIAL REPORTING AND MANAGEMENT (CFRM) CONFERENCE "Revenue 
Recognition: Navigating Recharted Waters" Friday, June 1, 2001 1:00 p.m. to 
5:00 p.m. San Francisco Airport Marriott Financial executives and audit 
committees alike will be continually challenged by the sweeping changes in 
rules and increased scrutiny placed on revenue recognition policies and 
procedures. This conference includes speakers from public accounting and 
private industry. Audience questions and interaction will be encouraged. An 
outline of topics and speakers for the event is provided at CFRM's web page 
at http://www.haas.berkeley.edu/accounting.? Seating is limited, so sign up 
early.

HAAS CELEBRATES A YEAR OF ACCOMPLISHMENTS
 The End of the Year party was a roaring success, celebrating Haas faculty, 
students, and staff with awards, accolades, beer, and barbecue. For those of 
you who may have missed the event, all of the award winners are listed below. 

This year's winners of the Cheit Awards for Excellence in Teaching were: 
Undergraduate Program: Jack Phillips; Full-time MBA Program: Sarah Tasker 
(honorable mention: Andy Rose and Suneel Udpa); Evening MBA Program: Jonathan 
Leonard (honorable mention: Sarah Tasker and Jonathan Berk); Ph.D. Program: 
David Mowery (honorable mention: Jacob Sagi).

The first Outstanding Staff Awards were given this year to Dan Sullivan, 
director of MBA student services; Lisa Martin, database developer; and Kurt 
Sarrica, supervisor of copy services.

The Haas School Outstanding GSI Awards went to Undergraduate winner: Jordan 
Corey and  MBA winner: Robert Lowe.

The UC Berkeley Campus Outstanding GSI Awards went to Rune Aasgaard, Bokhyeon 
Baik, Muruvvet Celikbas, Madhur Duggar, Dirk Hackbarth, Rene Yuri Kamita, 
Robert Lowe, Lynelle Preston, David Tien, Sanjay Wagle, and Robert Weinberg.

The Hayase Award Winner in the Ph.D. Program was Robert Lowe.

Jinny Lee won the Kiplinger Prize which is given to an outstanding second 
year student with a cumulative GPA of at least 3.5 and demonstrated qualities 
of leadership. 

The three winners of the Outstanding MBA Student Service Awards were Jinny 
Lee, Emily Miller, and Jon Metzler.

Finally, this year's MBA Giving 101% campaign had 82% participation and 
raised $38,000. The Undergraduate Feed the Bear campaign had 78% 
participation and raised $17,116. 

NEW STAFF AT HAAS
 NEW DIRECTOR FOR HAAS SCHOOL'S PRE-COLLEGE OUTREACH PROGRAM? (YEAH)

Oscar Wolters-Duran has been appointed the new director of Young 
Entrepreneurs at Haas (YEAH), the school's pre-college outreach program aimed 
at local middle and high school students, according to Richard Kurovsky, 
executive director of marketing and communications.? 

Wolters-Duran spent the past year working as the director of operations at 
HireRocket Inc., a Bay Area human resource software start-up firm. From 1997 
to 2000, he served as a program director of St. John's Urban Institute in San 
Francisco, where he created and directed a nationally known suite of programs 
that provided over 400 Mission District youth a variety of job readiness, 
youth leadership, artistic, and academic opportunities.? Wolters-Duran earned 
a BA degree in history from UC Berkeley in 1990.

Wolters-Duran succeeds YEAH's previous director, Roberta Joyner, who left 
Haas in April to become the national director for PARTNERS for Democratic 
Change, headquartered in San Francisco.

The YEAH program was begun in 1990 to stimulate interest in business and 
entrepreneurship -- and develop study skills -- among underrepresented youth 
in local communities. Haas MBA and undergraduate students serve as volunteer 
mentors and coaches to students in the program.?? 

Wolters-Duran's office is in F412. His phone number is 642-7880. His e-mail 
is oscar@haas.berkeley.edu. 

HAAS IN THE NEWS
 Hal Varian, dean of the School of Information Management and Systems and 
Haas professor, was included as one of the "e.biz 25" in BusinessWeek's May 
14 issue. Read the full text at 
http://www.businessweek.com:/print/magazine/content/01_20/b3732649.htm?mainwin
dow. ? Raymond Miles, professor emeritus, was quoted in BusinessWeek's "25 
Leaders for a Dangerous Time" on May 14.? Read the full text at 
http://www.businessweek.com/magazine/content/01_20/b3732602.htm.

Haas MBA student Mirko Previsic, who won first prize in the Haas Social 
Venture Competition for the company he founded in 1997, Sea Power & 
Associates, was featured in a "Breakaway" small business feature in the Wall 
Street Journal on May 14. For the full story, go to 
http://nrstg1s.djnr.com/cgi-bin/DJInteractive?cgi=WEB_FLAT_PAGE&page=wrapper/i
ndex&NRAUTOLOG=01TUpKmdqtnDn53gbQnrX45QAA&user_bounced=1&entry_point=1&NRLBRed
irect=nrstg1s&entry_point=1&entry_point=1

In a May 14 article in the Los Angeles Times, Severin Borenstein, the E.T. 
Grether Professor in Public Policy and Business Administration and the 
director of the University of California Energy Institute, commented on the 
growing debate between electricity transmission suppliers and consumers who 
don't want transmission lines located in their neighborhoods. For the full 
text, go to 
http://nrstg1s.djnr.com/cgi-bin/DJInteractive?cgi=WEB_FLAT_PAGE&page=wrapper/i
ndex&NRAUTOLOG=01TUpKmdqtnDn53gbQnrX45QAA&user_bounced=1&entry_point=1&NRLBRed
irect=nrstg1s&entry_point=1

Borenstein was quoted in a May 14 article, titled "Bush's Plan Requires 
Increases in Future Energy Supplies," in Knight Ridder's Washington. The full 
text can be found at 
http://nrstg2s.djnr.com/cgi-bin/DJInteractive?cgi=WEB_FLAT_PAGE&page=wrapper/i
ndex&NRAUTOLOG=01TUpKmdqtnDn53gbQnrX45QAA&user_bounced=1&entry_point=1&entry_p
oint=1.

The team of UC Berkeley students who won the Bank of America's Affordable 
Housing Challenge was profiled in the San Francisco Chronicle on May 13. Read 
the full text at 
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/05/13/R
E110416.DTL.

Janet Yellen, the Eugene E. and Catherine M. Trefethen Professor of Business 
Administration, was quoted in the San Francisco Chronicle on May 13. In the 
article, "Consumer Confidence Key to Economy," Yellen commented that there is 
a danger that consumers might decide to retrench and stop spending which 
would further slow the economy. Read the full text at 
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/05/13/B
U68042.DTL.

Dean Tyson's speech before the Pennsylvania Bar Association was quoted in the 
Pittsburgh Post-Gazette on May 11. 

Ken Rosen, the California State Professor of Real Estate and Urban Economics 
and the chairman of the Fisher Center for Real Estate and Urban Economics, 
was quoted in the Oakland Tribune in an article titled, "Economic Slowdown 
May Mar Oakland Renaissance" on May 9.

Paul Gertler, faculty director for the Graduate Program in Health Services 
Management and professor, was quoted in the San Francisco Chronicle on May 9 
in an article titled, "Digital diagnosis." Read the full text at 
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/05/09/B
U166480.DTL.

Franco Wong, assistant professor in the Accounting Group, was quoted in the 
Los Angeles Times on May 9 in an article titled, "Cisco's Slide Results in 
$2.69-Billion Loss."? Read the full text at 
http://www.latimes.com/business/20010509/t000038896.html

Yellen was quoted in the Boston Globe on May 8, in a column by Thomas 
Oliphant titled, "A Wary Look Forward to a Slower Economy."? 

David Levine, associate professor in the Economic Analysis and Policy Group 
and the Organizational Behavior Group, was quoted on TechTV on May 7 on a 
plan to boost the wages of displaced workers. Read the full article at 
http://www.techtv.com/news/politicsandlaw/story/0,24195,3326272,00.html.

Borenstein was quoted in the Wall Street Journal on May 11 in an article 
titled, "Energy Policy Unlikely to Halt a Recession."? Borenstein predicted, 
"California is in for a very severe downturn." Read the full text at 
http://nrstg1s.djnr.com/cgi-bin/DJInteractive?cgi=WEB_FLAT_PAGE&page=wrapper/i
ndex&NRAUTOLOG=01TUpKmdqtnDn53gbQnrX45QAA&user_bounced=1&entry_point=1&NRLBRed
irect=nrstg1s&entry_point=1

In a May 5 article in the Daily Deal, Borenstein commented on PG&E's 
bankruptcy filing. For the full text, go to 
http://nrstg2s.djnr.com/cgi-bin/DJInteractive?cgi=WEB_FLAT_PAGE&page=wrapper/i
ndex&NRAUTOLOG=01TUpKmdqtnDn53gbQnrX45QAA&user_bounced=1&entry_point=1&entry_p
oint=1

Borenstein was quoted in an Associated Press newswire about the New Economy 
Forum on May 4. For the full text, go to 
http://nrstg1s.djnr.com/cgi-bin/DJInteractive?cgi=WEB_FLAT_PAGE&page=wrapper/i
ndex&NRAUTOLOG=01TUpKmdqtnDn53gbQnrX45QAA&user_bounced=1&entry_point=1&NRLBRed
irect=nrstg1s&entry_point=1&entry_point=1

Borenstein was quoted in a May 2 newswire from the Associated Press, 
commenting on Duke Energy's proposed deal with Governor Gray Davis; a May 3 
Associated Press newswire, addressing the viability of Senate Bill 73x; a May 
3 editorial in the Seattle Post-Intelligencer; and a May 4 article in the Des 
Moines Register, commenting on energy efficiency.

Borenstein was quoted in the San Francisco Chronicle (May 13), the Los 
Angeles Times (May 12), the Contra Costa Times (May 11), the San Francisco 
Chronicle (May 11), the San Jose Mercury News (May 10), the Press-Enterprise 
(May 9), the Contra Costa Times (May 8), ZD wire (May 8), the Sacramento Bee 
(May 7), 

Borenstein appeared on the CBS Evening News (May 11), CNN: Live This Morning 
(May 8), KGO Radio (April 20), KCBS Radio (April 20), KCBS Radio (April 30), 
NPR's All Things Considered (May 1), KPIX TV News, 6:30pm (May 3) 

Yellen was also quoted in the San Francisco Chronicle on May 5. In the 
article, "Recession Feared as Jobless Rate Shoots Up," Yellen commented that 
consumer spending is vulnerable.

Russ Winer, J. Gary Shansby Professor of Marketing and Chair, Marketing 
Group, prognosticated a continuing economic slump at a day-long New Economy 
Forum reported on by Reuters English News Service on May 4. For the complete 
text, go to 
http://nrstg2s.djnr.com/cgi-bin/DJInteractive?cgi=WEB_FLAT_PAGE&page=wrapper/i
ndex&NRAUTOLOG=01TUpKmdqtnDn53gbQnrX45QAA&user_bounced=1&entry_point=1&entry_p
oint=1

David Teece, the Mitsubishi Bank Professor of International Business and 
Finance and the director of the Institute of Management, Innovation, and 
Organization, testified in the Rambus case and was covered by EBN on May 2. 
Read the article, "Rambus says DDR SDRAM Licensees Pay 3.5% Royalty" at 
http://www.ebnews.com/story/OEG20010502S0055.

HAPPENING AT HAAS Business Forecast Luncheon " NASDAQ's Strategic 
Restructuring into a Private, For-Profit Securities Market" by Warren 
Hellman, BA 55, chairman of Hellman & Friedman LLC Thursday, June 14, 2001 
11:30 a.m. to 1:30 p.m. The City Club, 155 Sansome Street, 10th Floor, San 
Francisco ? Warren Hellman, BA 55, co-founded Hellman & Friedman LLC 15 years 
ago and is the firm's chairman.? Previously, Mr. Hellman was a General 
Partner of Hellman, Ferri Investment Associates, Matrix Management Company, 
Matrix II Management Company, and Lehman Brothers.? At Lehman Brothers, he 
served as President, as well as head of the Investment Banking Division, and 
Chairman of Lehman Corporation (a closed-end investment company). Mr. Hellman 
is currently a Director of WPP Group plc, Levi Strauss & Co., D.N.E. Walter & 
Co., and Il Fornaio (America) Corp.? He also serves as Chairman of The San 
Francisco Foundation and is a member of the University of California Walter 
A. Haas School of Business Advisory Board.? Mr. Hellman graduated from the 
University of California at Berkeley and the Harvard Business School. 
Reservation Deadline: June 7th Pricing: $35 for recent grad (1995-2001); 40 
early registration/reserved by June 7 deadline; $45 reserved after June 7 or 
on-site registration. Online Registration: 
http://www.acteva.com/booking.cfm?bevaid=14453&Referrer_id=3141 For more 
information call the Alumni Office at 510/642-7790, e-mail 
alumni@haas.berkeley.edu or 
http://www.haas.berkeley.edu/alumni/events/forecast.html.

HAAS WELCOME PARTIES Join Haas alumni, new graduates, current MBA students, 
and newly admitted MBA students at one of the many events being held around 
the world this summer.? These events will bring together members of the Haas 
Alumni Network in a unique and casual setting.? If your business or personal 
travel takes you near to where one of these events is taking place, we'd 
welcome your participation.? Join us for these one-of-a-kind affairs!

JUNE 6 - HONG KONG JUNE 12 - CAMBRIDGE/BOSTON, MA JUNE 14 - TOKYO, JAPAN More 
locations to be announced soon! For additional information, contact the 
Alumni Relations Office at? 510-642-7790 or alumni@haas.berkeley.edu.

HAAS CELEBRATIONS
 Fran Hill, May 15 Zoe Scheffy, May 15 Mark Phillips, May 16 Carol Chapman, 
May 19 Dennis Fritzinger, May 19 Jay Stowsky, May 20 Mike Pivonka, May 23 
Maggie Gajek, May 24 Annie Lai, May 24 Kristina Vera, May 24 Robin Davidson, 
May 26 Johanna Della Valle, May 27 Lorraine Seji, May 27 Gwen Cheeseburg, 
June 2 Erica Fernandez, June 4 Cherie Scricca, June 7 Anthony Santos, June 10 
Tenny Frost, June 11 Kim Guilfoyle, June 11 Mohammed Shamma, June 12

The Haas NewsWire respects the wishes of staff and faculty who would not like 
their birthdays announced. Please e-mail a request to have your birthday 
marked "do not announce" on the central birthday list to 
Haasnews@haas.berkeley.edu. 

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