Consumer >> Analyst Interviews >> July 9, 2001

Outlook For Cruise Lines: Robin Farley – Ubs Warburg

ROBIN M. FARLEY is an Executive Director in the equity research division of UBS Warburg covering the cruise line, gaming and leisure industries. Prior to joining Paine Webber (acquired by UBS Warburg), Ms. Farley was with Deutsche Banc. Alex. Brown and its predecessor firms (BT Alex. Brown and BT Securities, subsidiaries of Bankers Trust). She has appeared on CNN and CNBC, and frequently in other media discussing the leisure industry. Ranked by Institutional Investor magazine for her research, she has also been named a Wall Street Journal All Star/Best on The Street, including being ranked number one for stock-picking and an All-Star for estimate accuracy in 1999. She holds a BA from Princeton University and an MBA with honors from Columbia Business School. Ms. Farley is a member of the NYSSA. Profile
TWST: Robin, what has happened to the stocks of the cruise line

companies over the past 12 to 18 months?

Ms. Farley: The last 18 months has definitely been a challenging period

for the cruise