Industry & Services >> Analyst Interviews >> March 3, 2003

Outlook For Building Materials: Lawrence Horan – Parker/hunter Inc

LAWRENCE J. HORAN joined Parker/Hunter's Equity Research department as Senior Vice President and Director. Prior to joining Parker/Hunter, Dr. Horan spent several years working on Wall Street, where he covered companies in the building materials, construction, real estate, furniture, appliances, lighting, electrical equipment and consumer electronics industries. He spent nine years with Prudential Securities, where he was First Vice President and Senior Research Analyst, and six years with Smith Barney as Vice President and Senior Building Analyst. Prior to that, he was with Equitable Life for nine years as Vice President in economic forecasting and investment analysis. Since 1987, he has received the professional recognition of Institutional Investor magazine as an "All-America Team Research Analyst" in seven annual surveys of institutional investors. He received his Doctorate in Economics from Columbia University, specializing in Econometrics and Finance. His work in Economics has been published in several financial journals. He received a Bachelor of Science degree in Economics from the University of Santa Clara in Santa Clara, California. Profile
TWST: What has gone on in the building materials segment over the

past year or two from a market point of view?

Mr. Horan: It has been a good environment for kitchen and bath

and hardware