Industry & Services >> Sector Roundtables >> November 18, 2002

Roundtable Forum: Autos & Auto Parts

ROBERT HINCHLIFFE is an Associate Director in the consumer group of UBS Warburg Equity Research. He specializes in domestic auto parts companies. Prior to joining UBS Warburg, he assisted in coverage of the automotive industry at PaineWebber Incorporated. He holds an MBA in finance from New York University and a BA in economics from Rutgers College. He is also a Chartered Financial Analyst. Profile
DAVID LEIKER leads research efforts in covering the automotive sector at Robert W. Baird & Co. Mr. Leiker rejoined Baird in 1997 after nine years at Cleary Gull Reiland & McDevitt, Inc., and two earlier years at Baird. He was named runner-up in the Reuters Institutional Investor survey in the autos and auto parts industry among boutique investment firms; in 2002, he was selected for The Wall Street Journal's Best on the Street Analyst Survey for autos and auto Parts; and he was named among the top-10 analysts in The Reuters Survey for US larger companies in the automobiles and components industry. He received a BSBA degree in Finance from Creighton University and an MBA in Finance from the University of Wisconsin-Madison, where he participated in the Applied Security Analysis Program. Mr. Leiker is a Chartered Financial Analyst. Profile
CHARLES J. BRADY is the Director of Research and a Senior Analyst at Credit Lyonnais Securities for the autos and auto parts sectors. He began his automotive-related career at Ford Motor Company, where he served in various positions in both finance and product planning. He began his Wall Street career in 1985 in the Research Department of Sanford C. Bernstein & Co., Inc., as a sellside Automotive Analyst. In 1992, he switched to the buy side, joining J.P. Morgan Asset Management. In all, he has been directly involved in automotive-related research for 16 years, including a stint on the Institutional Investor rankings while at Oppenheimer & Co. He also held positions in the research departments of Mabon Securities and Lord, Abbett and Company (a portfolio management firm) before accepting his position with Credit Lyonnais Securities in February 1999. He holds an MBA from the University of Chicago and a Bachelor of Science degree in Engineering from the U.S. Military Academy at West Point, New York. Profile
TWST: Charles, could you give us an idea of what has gone on in

the auto parts area over the past year or so?

Mr. Brady: As you're no doubt aware, the last year has been a

very good year from