Carl E. Reichardt

CARL E. REICHARDT is Director and Senior Research Analyst at Wachovia
Securities, which he joined in May 2003. He covers the homebuilding and
building products industries and has extensive experience in the
building industry. From 2000 to 2003, Mr. Reichardt was Principal and
Equity Resarch Analyst at Banc of America Securities in San Francisco.
From 1997 to 2000 he served as co-Founder and co-CEO of Stampede
Ventures LLC, a retailer and consulting company serving the manufactured
housing industry. From 1993 to1997 he was an Equity Research Analyst for
Montgomery Securities in San Francisco. From 1988 to 1991, Mr. Reichardt
was employed by the Fieldstone Company, a large private homebuilder
based in Newport Beach, California. He received his BA in English (with
honors) from Georgetown University and an MBA from the Graduate School
of Business at Stanford University.