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Sunshine Medical Instruments, Inc.

Lou Tomasetta, President & CEO,

Vitesse Semiconductor

Michael Troy, CEO, Knowl edgePoint

Thomas Van Overbeck, CEO,

Cornerstone Imaging

Ken Virnig, President, Devine and

Virnig, Inc.

Bernard Vonderschmitt, Chairman,

Xilinx, Inc.

Thomas W. Weisel, Chairman & CEO,

Montgomery Securities

William H. Welling, CEO, Xiox

Corporation

Robert White, Principal, Montgomery

Securities

Curt Wozniak, CEO, Electroglas, Inc.

Notes

1.  Stephen Moore and Dean Stansel, "Ending Corporate Wel-

fare As We Know It," Cato Institute Policy Analysis no. 225,

May 12, 1995.

2. Roger Pilon, "On the Folly and Illegitimacy of Industrial

Policy," Stanford Law and Policy Review 5, no. 1 (Fall

1993): 103-18.

3.  U.S. Department of Commerce, Bureau of the Census,

Historical Statistics of the United States: Colonial Times

to 1970 (Washington: Government Printing Office, 1975), part

1, p. 224; and U.S. Department of Commerce, Bureau of Eco-

nomic Analysis, Survey of Current Business 77, no. 8 (August

1997): 138, Table 8.3.

4.  Jeremy Atack and Peter Passell, A New Economic View of

American History from Colonial Times to 1940 (New York:

W. W. Norton, 1994), estimates U.S. GDP per capita in 1775

as $60, equivalent to $919 in 1996 dollars.

5.  U.S. Department of Commerce, Bureau of Economic Analy-

sis, p. 138, Table 8.3.

6.

Moore and Stansel.