Industry & Services >> Analyst Interviews >> August 4, 2003

Outlook For Transportation Stocks: Ken Hoexter – Merrill Lynch Global Securities

KEN HOEXTER, Managing Director of Merrill Lynch Global Securities, has served as Merrill Lynch's senior airfreight and surface transportation analyst since January 2002. Previously, he covered telecommunications stocks for nine years, with a focus on the emerging broadband service providers. In 2001, for the third consecutive year, he was ranked as an All-Star in the Institutional Investor research poll, moving up one notch to second place after two years as a third-teamer. In The Wall Street Journal's 'Best on the Street 2000 Analysts Survey,' he was honored as a 'Home Run Hitter,' one of only seven analysts on Wall Street who were selected as the best overall in stock-picking. He was also named the number one stock picker for 'Telecom Carriers' in the 2000 survey. Additionally, he placed third on the 2001 Greenwich Research all-star team (he was second in 2000). He joined Merrill Lynch in January 2000, following three years at Goldman Sachs. Prior to joining Goldman, he spent four years at Lehman Brothers. He graduated with a BS in both Finance and Marketing from Lehigh University in 1993. Profile
TWST: Would you begin with a quick overview of your coverage?

Mr. Hoexter: We follow a broad range of the transport sector, including

the rails, trucks, airfreight and freight forwarders. Our