Technology >> Analyst Interviews >> April 19, 2013

Internet Giants Continue Outperforming Smaller Competitors

Pitz, Brian
Brian Pitz is a Managing Director and Senior Research Analyst in the TMT research group at Jefferies & Company, Inc., covering the Internet and interactive entertainment. Mr. Pitz joined Jefferies & Company, Inc., in 2012, bringing over 14 years of sellside experience. Prior to this, Mr. Pitz was an Executive Director and Senior Equity Research Analyst at UBS Investment Bank on an Institutional Investor-ranked team. Previously, he was a Principal and Senior Equity Research Analyst at Bank of America covering the Internet industry. Prior to that, he was a Vice President at Morgan Stanley covering the Internet, PC software and interactive entertainment industries as a member of the top-ranked Internet equity research team in both the annual Institutional Investor poll and Greenwich Associates survey, and was part of the number one-ranked broadcasting research team from 1998 to 2001. Mr. Pitz commenced his professional career in the business consulting practice of Arthur Andersen LLP in New York. He received a B.S. in accountancy from Villanova University. Profile
TWST: Last time you spoke to us in 2011, you said that you thought the Internet was underpenetrated. To what extent has investor sentiment shifted since then?

Mr. Pitz: That is a