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CALENDAR

Feb. 23-24--Derivative Use By Mutual Funds & Pension Plans Forum; Strategic Research Institute; The New York Palace Hotel, New York City. Call in New York (212) 599-6696, outside New York (800) 599-4950.

Feb. 23-24--Fourth Annual Seminar On Volatility Analysis, Pricing Risk Mgmt & Trading; Institute for International Research Ltd.; Forum Hotel, London. Call (071) 412 0141.

Feb. 27-Mar. 2--8th Annual Asset Allocation Congress; Institute for International Research; Ritz-Carlton, Palm Beach, Fla

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