Industry & Services >> Analyst Interviews >> October 27, 2008

Outlook For Housing & Homebuilders – Robert Stevenson – Fox-pitt Kelton Cochran Caronia Waller (usa) Llc

TWST: Why have you just recently initiated coverage of the homebuilding space?

Mr. Stevenson: The housing industry, for most of the last two plus years, has

really dominated the investment