Industry & Services >> Analyst Interviews >> October 13, 2003

Outlook For Homebuilding: Joseph Sroka – Merrill Lynch Global Securities

JOSEPH SROKA is a Vice President and Senior Analyst at Merrill Lynch covering the building products and homebuilding industries. He has previously worked in equity research at ABN AMRO, in the private client group at Merrill Lynch and served as an infantry officer in the US Army. Mr. Sroka is a Chartered Financial Analyst, received a BS from the US Military Academy at West Point and an MBA from the University of Chicago Graduate School of Business. He enjoys spending his free time with his family, which includes his wife, their daughter and their dog. Profile
TWST: Joe, how have these stocks done so far this year?

Mr. Sroka: Year to date the eight homebuilding companies that we

follow have appreciated approximately 50%.

TWST: So they've had a