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The Wall Street Transcript publishes:

Internet Security & Identity Authentication Issue
Four analysts and top management from nine sector firms examine the Security/Internet Security & Identity Authentication sector in this 51 - page Issue from The Wall Street Transcript.
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Off The Record: I think that Calgon Carbon is doing a really exceptional job, praises a Top Environmental Analyst Full article published: 12/07/2001 Money Managers, Analysts, Buysiders and Executives

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Calgon Carbon Corporation (NYSE:CCC);

Five analysts and top management from eleven sector firms examine the environmental services sector in this special 65-page Environmental Services issue from The Wall Street Transcript, available at (212/952-7433) or http://www.twst.com/info/info460.htm.

“I think that Calgon Carbon is doing a really exceptional job, especially because of their recent decision to focus more on their environmental businesses,” a top environmental analyst praises. “Calgon has a new management team in place. By new management team, I mean they have been there maybe a year and a half. This current management team, headed by CEO Jim Cederna, is doing an excellent job of moving Calgon into more strictly defined environmental areas, but most specifically water purification. By coincidence, water purification has become a very high priority area for most municipalities since September 11. As the concerns over a terrorist attack on our water supplies heighten, Calgon can expect to benefit. I have to give both Cederna and Calgon very high grades for seeing this niche and being in the right place at the right time. Calgon has also been expanding into China. It is a little early yet to comment on Calgon’s expansion into China. I am however, keeping an eye on the situation. Overall, I think Calgon is doing a fabulous job and seems to be positioned to do well going forward.”

1) Environmental Services - In an in-depth (10,300 words) Analyst Roundtable, Stacy Gray Devine, Director at Deutsche Banc Alex. Brown, Richard Eastman, Managing Director at Robert W. Baird & Company, William Genco, First Vice President at Merrill Lynch Global Securities, Jami Goodfriend, Analyst that specializes in research and investment in environmental/infrastructure systems at First Analysis Corporation and Alan Pavese, Research Analyst at Credit Suisse First Boston, examine the outlook for the sector including industry segment, investment approach and share specific stock recommendations.

2) The TWST confidential Off-The-Record survey of management performance at seven sector firms asked market insiders about the ability of management teams to create shareholder value.

3) CEO interviews (average 2,500 words). Top management of eleven sector firms examine the outlook for their firm and the sector.

Tickers included in this excerpt: CCC

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