Industry & Services >> Analyst Interviews >> July 7, 2003

Industrial Manufacturing Stocks: Walter Liptak – Mcdonald Investments Inc

WALTER S. LIPTAK is a Senior Vice President and Equity Research Analyst with McDonald Investments Inc., the investment banking, capital markets and brokerage division of KeyCorp. Having joined the firm in January 1988, Mr. Liptak is responsible for all aspects of McDonald's research of diversified industrial manufacturers. He was previously a Senior Research Analyst with Barrington Research covering industrial manufacturers and capital goods. Prior to that, Mr. Liptak worked as an accountant with an industrial transportation company. He earned BA and MBA degrees from Loyola University of Chicago. In addition, he completed an accounting program at Northwestern University. Mr. Liptak earned his CPA certificate and is a member of the Association for Investment Management (AIMR), the Investment Analyst Society of Chicago and the Illinois CPA Society. Profile
TWST: Could you give us a quick overview of how you're defining

manufacturing stocks these days? What is your coverage?

Mr. Liptak: I am a manufacturing analyst at McDonald Investment,