Industry & Services >> Analyst Interviews >> February 8, 1999
STEPHEN CLAPHAM is a Transport Analyst at Robert Fleming Securities.
Previously, he was associated with Credit Lyonnais Securities. Mr.
Clapham received his Bachelor's degree in Technology and Business
Studies from Strathclyde University and is a Chartered Accountant and a
Management Accountant (ACMA). Mr. Clapham includes classic cars, art
architecture & design, photography, 1930's Art Deco pottery, music,
reading, skiing, travel and wine among his personal interests. Profile
TWST: What are the three most significant factors or issues to considerin the European Transport industry over the coming year?
Mr. Clapham: The key issue for 1999 is the state of the