Industry & Services >> Analyst Interviews >> August 30, 2004


JAMES LUCAS joined Janney Montgomery Scott in March 1998. His research coverage is dedicated to companies whose management has adopted 'modern manufacturing,' meaning lean production and continuous improvement techniques. In addition to modern manufacturing techniques, Mr. Lucas also searches for companies that generate strong cash flow, have dominant market niches and also have strong insider ownership. Prior to joining Janney, Mr. Lucas spent two years at NatWest Securities. From 1993 to 1996, Mr. Lucas was a Special Situations Analyst at Raymond James & Associates, where he followed a multitude of industries, including business services, electronics, infrastructure, manufacturing, outsourcing and real estate. He received a BS in Accounting and an MBA from Tampa College. In addition, Mr. Lucas has completed the three-day Executive Orientation of the Danaher Business System, participated in a week-long kaizen event conducted by Shingijutsu at a Stanley Works facility, attended a management symposium at Six Sigma Qualtec, and participated in a week-long kaizen event at JMS conducted by two senior members of the Danaher Business System Office. Profile
TWST: Can you start with an overview of your coverage?

Mr. Lucas: The sector I cover is what I would call multi-industry

companies. In the old days these might have been called