Industry & Services >> Sector Roundtables >> October 14, 2002

Roundtable Forum: Environmental Services

RICHARD C. EASTMAN, a Senior Analyst and Managing Director at Robert W. Baird, joined the firm in June 2000 and provides research to Baird's industrial team, specializing in filtration and process technology companies. He has been a sell-side analyst for 15 years, most recently as a Managing Director and the Director of Research for Tucker Anthony Sutro. He holds a BBA in Finance from the University of Wisconsin- Milwaukee and an MBA from the University of Wisconsin-Whitewater. He is a Chartered Financial Analyst. ALAN PAVESE, who joined the Credit Suisse First Boston Equity Research department in February 2000, is a Director and currently follows the environmental services industry. He has been a Research Analyst since 1995, covering environmental services companies since 1997 and electrical equipment companies prior to that. He has also held equity research analyst positions at Goldman Sachs & Co. and Morgan Stanley Dean Witter. Before that, he worked for General Electric as an Electrical Engineer. He holds an MBA from Columbia University Business School and a BS in Electrical Engineering from the University of Buffalo. Institutional Investor magazine recognized him in each of the 1999, 2000 and 2001 All-Star Research Analyst surveys, most recently as the third ranked analyst in the environmental services industry. Profile
TWST: Richard, could you tell us what has gone on in the environmental

services space over the past year or so from a market perspective?

Mr. Eastman: The filtration/separation companies ' our