Industry & Services >> Analyst Interviews >> August 3, 1998

Electric Utilities : Roger B. Mcomber – Lehman Brothers

ROGER B. MCOMBER is Vice President and Senior Analyst in Lehman Brothers equity research department. He has responsibility over the U.S. electric utility industry. Prior to Lehman, Mr. McOmber was at Brown Brothers Harriman where he was acknowledged by 'The Wall Street Journal All-Star Survey' as the top stock picker of the electric utilities and also by 'Institutional Investor Magazine' in their 'Best of the Boutiques' analyst survey. Mr. McOmber has worked on Wall Street for over seven years at other firms including Salomon Brothers, Oppenheimer & Co., and JP Morgan Securities where he covered over 80 of the largest U.S. electric utilities. Prior to coming to Wall Street, he worked for an electric utility consultant advising both utility companies and regulatory commissions on rate of return issues. Mr. McOmber also worked in Washington, D.C. for a United States Congressman where he specialized in business and tax issues. Profile
TWST: How have the stocks of the electric utilities performed in 1998?

Any surprises in the stock performance or in the companies themselves?

Mr. McOmber: Over the last 12 months, electric