NO-LOAD FUNDS
Business
THE TOP PICKS FOR 1994
THE TOP PICKS Due to the advanced
nature of the TOP PICKS
invited to what is sure
WORKSHOP
WORKSHOP and our
If you qualify, you're
to be the most valuable
investment workshop
you've ever attended.
NO-LOAD FUNDS:
THE TOP PICKS FOR
1994 goes beyond the
general information
you've heard before at
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cause at the TOP
PICKS WORKSHOP
you'll actually get spe-
cific advice on what to
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need any previous
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will be led by
nationally recognized
mutual fund expert
RONALD M. YOLLES
JD, CFA
Mr. Yolles is frequently
quoted in national publi-
cations such as The New
York Times and Money
Magazine.
limited seating, atten-
dance must be limited to
investors who have port-
folios of $125,000 or more
(not including real estate).
If you are a qualified in-
vestor and do not work for
an investment firm, there
is no cost to attend.
Confirmed reservations
are required. No walk-ins
permitted.
WHEN:
WEDNESDAY, MARCH 30th - 10 a.m.
WEDNESDAY, APRIL 6th - 10 a.m.
THURSDAY, APRIL 7th - 10 a.m.
WALL SESSONS WILL CONCLUDE BEFORE NOON.
Despite Setbacks,
Growth Continues
D
espite recent setbacks in
the peace negotiations,
prominent leaders build-
ing the economy of the
Middle East reaffirmed that pri-
vate industry, backed by polit-
ical support from the United
States, is well on the way to
achieving the economic cooper-
ation and growth that will set
the stage for political stability
in the region.
At a panel discussion titled
"Peace That Lasts: The Eco-
nomic Ties That Bind," it be-
came clear that industrial and
economic development are ad-
vancing regardless of the start
and stop cycles of political ne-
gotiations and individual acts
Angeles. A major focus of the
Forum was the role of high-tech
development in "the emerging
Middle East."
Mr. Levine pointed out that
both programs in which he par-
ticipates involve a United
States initiative to support pri-
vate business ventures;
Builders for Peace, to encour-
age cooperative ventures be-
tween Israelis and Palestinians
in the West Bank and Gaza for
the economic benefit of both,
and the Joint Commission, to
encourage joint ventures in
technology between the United
States and Israel, also with the
aim of improving the domestic
economy of both parties.
FOR RESERVATIONS CALL
YOLLES INVESTMENT
III MANAGEMENT, INC.
(810) 356-3232
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From left are Uzia Galli, Reuven Merhav, Clinton Harris, Giora Meyuhas,
Mel Levine and Rob Davidow, president, Southern California chapter,
American Technion Society.
All the speakers emphasized
of violence that have occurred.
the role of the United States in
It was noted that the recent vi-
supporting the parties in the
olence may, in fact, have the
Middle East in demonstrating
unanticipated effect of acceler-
that economic opportunity will
ating the peace process, since it
bring political stability.
is widely perceived that there
"The only opportunity for us
is no viable alternative.
is to join forces with a positive
Panelists included Mel Levine,
umbrella like the United
co-chairman of Builders for Peace
States," said Mr. Merhay.
and a member of the U.S.-Israel
Mr. Harris emphasized the
Science and Technology Com-
role of private equity in providing
mission; Giora Meyuhas, eco-
an attractive return to investors
nomic minister of Israel to North
while offering as a by-product
America and the Israeli govern-
greater opportunity for joint ven-
ment liaison to Builders for Peace;
tures among Israel and its neigh-
Uzia Galil, founder and chairman
bors. He noted that Israel is
of Ekon Electzunic Industries and
viewed as a desirable location be-
a member of the Joint Commis-
cause there is still room for ven-
sion; Clinton Harris, senior vice
ture capital investment in
president and a founding mem-
high-tech ventures that can suc-
ber of Advent International, one
cessfully compete with their in-
of the world's leading venture cap-
ternational rivals, without the
ital firms; and Ambassador
need to compete against each oth-
Reuven Merhav, acting vice pres-
er. At the same time, as Advent
ident of external affairs at the
sets up shop in Arab countries,
Technion-Israel Institute of Tech-
Mr. Harris sees opportunities for
nology.
regional joint ventures.
The panel was part of a
"Advent is active in setting
three day "Presidential Forum"
up affiliates in the Gulf, and in
sponsored by the American So-
the long term hopes that those
ciety for Technion-Israel Insti-
two bases will provide a bridge
tute of Technology (ATS) in Los