01/29/1998 08:05 AM Senate FIN

MINUTES                                                                        
SENATE FINANCE COMMITTEE                                                       
29 January, 1998                                                               
8:05 am                                                                        
                                                                               
TAPES                                                                          
                                                                               
SFC 98  # 11, Side 1 & 2                                                       
                                                                               
CALL TO ORDER                                                                  
                                                                               
Senator Randy Phillips, Co-chair, convened the meeting at                      
approximately 8:05 am.                                                         
                                                                               
                                                                               
PRESENT                                                                        
                                                                               
In addition to Co-chairman Phillips, Senators Sharp,                           
Torgerson, Adams and Donley were present.                                      
                                                                               
Also Attending:  Senator LOREN LEMAN; Representatives GARY                     
DAVIS, CON BUNDE, ERIC CROFT, ALLEN KEMPLEN, JOHN DAVIES,                      
GENE THERRIAULT, ELDON MULDER, BEN GRUSSENDORF, TERRY                          
MARTIN, CARL MOSES and PETE KELLY; BYRON MALLOTT, Executive                    
Director, Alaska Permanent Fund Corporation; JOHN TROIANO,                     
Chief Executive, Schroder Capital Management International;                    
CHARLES HETZEL, CFA, Vice Chairman, ARK Asset Management                       
Co., Inc.; WILLIAM MCCOY, Senior Portfolio Manager, Sanford                    
C. Bernstein & Co., Inc.; PETER ALDRICH, Co-Chairman,                          
Aldrich Eastman Waltch, L.P.; MICHAEL O'LEARY, Callan                          
Associates; MIKE GREANY, Director, Division of Legislative                     
Finance and aides to committee members and other members of                    
the Legislature.                                                               
                                                                               
                                                                               
SUMMARY INFORMATION                                                            
                                                                               
`CAPITAL MARKETS:  OUTLOOK FOR 1998'                                           
PANEL PRESENTATION                                                             
By the                                                                         
PERMANENT FUND CORPORATION                                                     
                                                                               
The meeting was recorded.  A copy of the tape may be                           
obtained by contacting either the Legislative Finance                          
Division, PO Box 113200, Juneau, Alaska 99811-3200 (Phone:                     
(907) 465-3795) or the office of the Senate Finance                            
Committee Secretary (Phone (907) 465-2618).                                    
                                                                               
                                                                               
ADJOURNMENT                                                                    
                                                                               
Co-Chair Phillips adjourned the meeting at approximately                       
9:40 am.                                                                       
SFC-98 (2) 1/29/98 am