M E M O R A N D U M

TO:       Asset Pricing Program Members and Invitees

FROM:     Jacob Boudoukh and Jiang Wang, Organizers  

DATE:     October 4, 2000

RE:       Asset Pricing Program Meeting, November 3, 2000
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We would like to invite you to participate in the NBER's Fall Asset Pricing Program
Meeting scheduled to be held on November 3, 2000 at the Royal Sonesta Hotel, 5
Cambridge Parkway, Cambridge, MA, on Friday, November 3, 2000.  The preliminary
program is enclosed.

Unfortunately, due to budget constraints, the NBER can only reimburse domestic travel
and hotel expenses in accordance to the NBER travel guidelines for two authors per
paper.  The NBER will pay for all discussants.

There will be a group dinner on Thursday, November 4, the time and location to be
announced. 

For out-of-town participants traveling to the meeting, hotel reservations will be made
as requested at the Royal Sonesta Hotel, 5 Cambridge Parkway, Cambridge, 617/806-
4200  phone.  The NBER will pay room charges plus tax for ONE NIGHT.  If you wish
to stay additional nights the rate is $172.00 single or double plus 12.45% tax per
night.  If you do not show up at the hotel, and do not call either us or the hotel to
cancel your reservations, you will be charged one night's rate as a no-show. 
     
Please fill out the enclosed reply form and return it to me at your earliest convenience
in the envelope provided.  You may also fax your reply to us at 617/864-1825.  In
order to ensure space at the hotel we need your reply forms by THURSDAY, OCTOBER
5.
     
Out-of-town participants are urged to book their flight as soon as possible in order to
qualify for discounted fares.  Due to budget constraints, the Bureau is only able to pay
for Domestic SuperSaver air fares or other deeply discounted fares. 

For your convenience, we established a master account with American Express Travel
in Cambridge, 1-800/964-7409  or 617/661-0008.  Travel expense reports will be
made available at the conference.




PLEASE NOTE:  Authors should have their papers to me by October 20, in order to be
included in the paper mailing. Please let me know whether or not you wish to have
your paper available on the web page.    

If you have any questions in the meantime, please feel free to contact Lita Kimble at
617/868-3900, or e-mail confer@nber.org.