Natural Resources >> Analyst Interviews >> June 11, 2001

Outlook For The Electric Power Industry: James Dobson – Deutsche Banc Alex. Brown

JAMES L. (JAY) DOBSON, Managing Director, is an Equity Research Analyst covering the electric power industry for Deutsche Bank Securities in New York City. He has over 13 years of investment experience in the electric power industry. In 2001, Mr. Dobson was ranked runner-up in the Institutional Investor All-American Research Team poll and has been ranked in the poll since 1994. Mr. Dobson joined Deutsche Bank in October 2000, and is responsible for leading the North American research effort on electric power-related equities. He holds the designation of Chartered Financial Analyst and received a Bachelor of Arts degree in Finance from The Catholic University of America in Washington, DC, in 1988. Mr. Dobson currently serves on Energy Secretary Spencer Abraham's Electricity Advisory Board. He is a member of the New York Society of Security Analysts, the Wall Street Utility Group and the Association for Investment Management and Research. He has been interviewed on CNBC, CNN, CNNfn, Bloomberg News Radio, Dow Jones News, and Reuters News, and is quoted regularly in The Wall Street Journal, The New York Times, and USA Today. He has also testified before the New Jersey Board of Public Utilities as an expert witness. Prior to Deutsche Bank, Mr. Dobson was a Vice President and Senior Electric Utility Analyst for Donaldson, Lufkin & Jenrette for seven years, a Senior Electric Utility Analyst at Smith Barney Shearson for two years, and an Electric Utility Analyst at PaineWebber for four years. Profile
TWST: What are the specific themes that are important to follow with

these companies?

Mr. Dobson: Over the next 12 to 18 months, certainly the top two themes

would be deregulation and then