Proceedings of the Financial Analysts Federation Seminar held October 30, 1984 in New York, New York. Authors William S. Gray III, CFA, Walter P. Stern, CFA, Peter R. Anderson, CFA, Marti Cochran, Esq., James H. Fogelson Esq., Linda C. Quinn, Esq., Arnold S. Wood, T. Boone Pickens, Jr., David H. Batchelder, Allen Finkelson, Jesse Robert Lovejoy, Esq., John G. Gillis, Esq., John L. Casey, Robert A.G. Monks, Robert G. Kirby, Dave H. Williams, CFA, Dean LeBaron, CFA, Peter F. Drucker and Walter S. Morris, CFA.