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Eli Ofek Eli Ofek is a Professor of Finance at the Stern School of Business, New York University, which he joined in 1990. He holds an MBA and a Ph.D. in Finance from the Graduate School of Business, University of Chicago, and a BA in accounting and economics from Tel-Aviv University. Professor Ofek has published numerous articles in leading academic journals such as the Journal of Finance, Journal of Financial Economics, And the Review of Financial Studies. His work has been also presented at the major conferences of finance including the American Finance Association meetings, the Western Finance Association meetings and the NBER. He was an associate editor of the Journal of Finance. Professor Ofek's research specialties are in measuring the impact of a firm's actions and decisions on its value. In particular actions such as: corporate diversification, mergers and acquisitions, corporate restructuring, capital structure choice, and payout policy. He also researches the effect of stock selling restrictions on event like lockup expiration, the internet bubble and option prices. Other topics of research include: financial distress, valuation models, and international corporate finance, in particular hedging foreign currency exposure, and investment in emerging markets. He teaches Corporate finance and Cases in finance FinDotCom and Investment banking at the graduate, undergraduate, executive and PhD levels at the Stern School of Business. Professor Ofek has worked for Morgan Stanley in quantitative research trading, for the Bank of Israel, for Fidelity Investment Corp, and consulted on issues related to valuation of companies and investments to various investment banks and consulting firms.  New York University  Stern School of Business  44 West 4th St. Suit 9-190 New York, NY 10012 Tel (212) 998-0356 Fax (212) 995-4233 E-mail: eofek@stern.nyu.edu