Upon hearing Mr. Pierce's presentations at "The Institute For International Research's Tenth Annual Forum on Performance Measurement," in New York City on May 11-12, 1998, The Journal decided the topic was important enough for our readers to ask him to write a paper for us based on those remarks.  Mr. Pierce would like to acknowledge the assistance of Christopher P. Harvey, Senior Partner of Hale and Dorr LLP, in preparing this outline, which was completed on May 30, 1998.