Industry & Services >> Analyst Interviews >> May 2, 2003

Integrated Gas Utilities: Michael Heim – A.g. Edwards & Sons

Michael C. Heim, Vice President of A.G. Edwards & Sons, joined the firm in 1989. Mr. Heim is a Chartered Financial Analyst and holds an MBA from Washington University in St. Louis. Mr. Heim follows the natural gas industry including the gas pipelines and gas distribution utilities. Mr. Heim was selected for The Wall Street Journal Best on the Street Survey for stock picking in 1998 and for estimate accuracy in 2001. In 2002, Mr. Heim was again named as a WSJ Best on the Street analyst. Mr. Heim's gas utility team was voted the top natural gas research group for mid- to small-capitalization stocks in the 1999 Reuters survey of institutional investors. Profile
TWST: Mike, would you begin with a quick overview of your coverage?

Mr. Heim: I follow the gas utility stocks. My primary focus is

integrated gas utility companies, which are a mix of