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Fred Fraenkel is the Chairman of Millennium 3 Capital, a firm specializing in early stage investing. Before 1998, Mr. Fraenkel was Vice Chairman of ING Barings Furman Selz and Chief Operating Officer of Furman Selz LLC. Before joining Furman Selz in March 1995, Mr. Fraenkel spent nine years at Lehman Brothers where he managed and developed Lehman's all star global research department that was ranked #1 by Institutional Investor in 1990, 1991 and 1992. Prior to Lehman Brothers, Mr. Fraenkel was Chairman and Chief Executive Officer of Market America Group, an investment advisory firm. He also spent four and a half years as Director of Equity Research and a member of the Board of Directors at Prudential Securities. Mr. Fraenkel began his Wall Street career in 1974 as a securities analyst with Goldman Sachs & Company, and was Chief Investment Strategist for E.F. Hutton from 1980 to 1982.Mr. Fraenkel received a B.S. in Economics and Finance from Lehigh University, and an M.B.A. from the Wharton School, University of Pennsylvania. | 