Consumer >> Analyst Interviews >> July 1, 2002
DAVID J. ADELMAN is a Managing Director and follows the US
tobacco and packaged foods industries for Morgan Stanley. He
joined the firm in 1990. He was ranked number two in tobacco in
the 1999 and 2000 Institutional Investor All-America Research
Team surveys. He earned a BA in Economics with honors and an MBA
in Finance and Business Policy from the University of Chicago. He
has testified before the Senate Commerce Committee and the Senate
Judiciary Committee regarding national tobacco policy and the
Department of Justice tobacco lawsuit. He is a member of the
Consumer Analysts Group of New York and the New York Society of
Security Analysts. Profile
smokers to find places to light up, and is this having any effect
on the demand for cigarettes?
Mr. Adelman: There has clearly
