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. 65l?61199E 23:22 5632894145 <br />R.~S. CLEMENT,S <br />& <br />Associates, ~LC <br />FINANCIAL an~IINVESTM.~NT COUNSEL <br />FACSIMII.E ~.'RANSMISSION <br />University Parlc, 5407 N. Yale St. <br />Portland, Oregoa 97203-SZ51 <br />Telephone (503) 289-4486 <br />Facsimile (503) 289-4145 <br />Cellular (503) 329-1094 <br />e-mail: sctem@easystreet.co~n <br />TO:_. Billy Wasson FAX #~3 .~ 4. ~-- ~ o~~ <br />TO:___ Ken Roudybush <br />FAX# ~°3-s 8.~ -5.~37 <br />TO: Mike Hans~n FAX #~~`''3" 3 73 --'~t 3~`~ <br />TO: Ed Einowski <br />FAX # ~.~ ~ ~~~~' <br />TO: Craig Lewis FAX # `a ~3 - ~ ~' ~` ~ <br />CC~ Mark Gardiner FAX # d`Zc~' I -!~~`~ <br />FROM: SCOTT CLEMENTS Telepbone (503) 289-4486 <br />Facsimile (SQ3) 284-~}1~5 / <br />Number of ~ages Tncluding this Page ~_ <br />Mcssa~e: <br />Members of the Worlcing Group: <br />Date Originuted S/26/98 <br />Given the periad of time that has elapsed und tlxe chanbes that ha~e oc~rred since the initial <br />underwriter recruitment effort, reopening tbe selection procesa app~ars to be the appropriate <br />course uf aetion. Marl: or I can gir•e you the specifics, bat the situation in the anderA-riting <br />community hns chainged markedly. Accordingly, a new draft Rtequest for Propasals f'or underwriting <br />scrvices follows. <br />We appi~ccixte your reviewi3ng ti~e draft amd providin~g ~ny commeut yw may 6ser•e. Given th$t I am <br />travclin~; the balance of the week, please feel free to leave me voice mail mesyages or alternativ~ly, <br />le.ive mc ~s detailed comm~nts aa you feel nppropri~ete ritt my e-mail addreSS (iAC[uded on thc <br />Icttcnc~ad) <br />Wc ha--c time (but nevcr as much as it seems}, so please give me whatever input you have at vour <br />cHrliest cc~nveniencc. . . <br />Also enclused is a draft, u ated Worlcing.Group distribytion list. Pleas~ advise of suv <br />currcction,/ndditions/et aL - <br />RS CLEMENTS PAGE 01 <br />.Member ojrhe,r4ssociation jor Investment Ma,:agement a~d Researcb <br />Member oJthe F'~x~incial Analysts Federal~oa <br />