This report of a study of the CONSER (CONversion of SERials) project begins with an overview of the history of the project. Developments leading to the study are described in the second section, and the third section addresses data gathering through a literature search, a CONSER participants meeting, and interviews. Findings, discussion, and recommendations on the following issues are presented in the fourth section: (1) CONSER name; (2) project definition; (3) goals and objectives; (4) the CONSER database; (5) database records; (6) operations, including quality control, cataloging rules, database maintenance, NACO (Name Authority Cooperative), self-authentication, training, the Linked Systems Project, holdings, and documentation; (7) statistics; (8) costs of CONSER participation; (9) membership; (10) management structure; and (11) the CONSER coordinator. THe fifth section contains additional observations on criticisms of CONSER, subject analysis, future serials publishing, database ownership, relationship with other bibliographic utilities, and system independence. The appendix includes the work statement guiding this study, a 32-item selective bibliography, a flyer on the study, an Association of Research Libraries newsletter article on the study, a CONSER participants meeting summary, a list of individuals contacted, recommendations of the report, CONSER goals and objectives, and the CONSER plan of action. (10 references) (MES)