SPEAKER INDEX CONTENTS INSERTS ADAMS 20 31 32 33 35 46 BACHUS 1 3 BROWN-WAITE 39 41 CERESA 57 68 CLEM 14 17 28 40 DINES 23 31 34 FEENEY 43 45 KEELING 10 26 29 33 37 39 40 41 44 45 LATOURETTE 5 6 9 14 17 20 23 25 27 28 29 32 36 39 41 42 46 47 48 52 57 60 62 63 65 66 67 68 72 LUCAS 32 33 34 36 LUCAS OF KENTUCKY 9 MALONEY 36 38 39 MCCUNE 52 53 66 67 71 MEGSON 17 30 40 OWENBY 60 70 PAYNE 63 71 RAY 49 66 69 ROYCE 46 48 SANDERS 3 5 29 30 31 32 42 47 68 69 70 71 72 SHERMAN 7 WATT 9 41 CONTENTS SPEAKERS INSERTS STATEMENT OF J. MICHAEL KEELING, PRESIDENT, THE ESOP ASSOCIATION, WASHINGTON, D.C. PAGE 10 STATEMENT OF STEVE CLEM, SENIOR PROGRAM COORDINATOR, OHIO EMPLOYEE OWNERSHIP CENTER, KENT STATE UNIVERSITY, KENT, OH PAGE 14 STATEMENT OF JAMES MEGSON, EXECUTIVE DIRECTOR, ICA GROUP, BOSTON, MA PAGE 17 STATEMENT OF FRANK ADAMS, PRESIDENT, SOUTHERN APPALACHIAN CENTER FOR COOPERATIVE OWNERSHIP, ASHEVILLE, NC PAGE 20 STATEMENT OF RICHARD DINES, DIRECTOR OF COOPERATIVE BUSINESS DEVELOPMENT AND MEMBER SERVICES, NATIONAL COOPERATIVE BUSINESS ASSOCIATION, WASHINGTON, D.C. PAGE 23 STATEMENT OF GEORGE RAY, CEO, LEFIELL MANUFACTURING COMPANY, SANTA FE SPRINGS, CA PAGE 49 STATEMENT OF DAVID MCCUNE, PRESIDENT, UNITED STEELWORKERS OF AMERICA, LOCAL 1124-01, ON BEHALF OF MASSILLON STAINLESS, INC., MASSILLON, OH PAGE 52 STATEMENT OF SHERRY CERESA, STATISTICAL ANALYST, GARDENER'S SUPPLY COMPANY, BURLINGTON, VT PAGE 57 STATEMENT OF LARRY OWENBY, ASSISTED ON THE EMPLOYEE BUYOUT OF RFS ECUSTA, BREVARD, NC PAGE 60 STATEMENT OF MONTY PAYNE, INTERNATIONAL REPRESENTATIVE, PACE INTERNATIONAL UNION, AFL-CIO, CLC, HATTIESBURG, MS PAGE 63 INSERTS SPEAKERS CONTENTS NO INSERTS IN THIS HEARING