Technology >> Sector Roundtables >> April 18, 2005


SHAWN SEVERSON, Senior Vice President - Equity Research at Raymond James & Associates, joined Raymond James in July 1999. He is responsible for covering the electronics manufacturing services and electronic components industries, and focuses on the technology supply chain. He has been recognized in The Wall Street Journal Best on the Street Survey three times, and was named a Forbes Top Analyst for his sector in 2004. Prior to joining Raymond James, he followed the industry for several years as a Vice President at Everen Securities. Before that, he worked for Salomon Brothers and Wasserstein Perella. He earned a Bachelor of Arts degree with honors from Augustana College, where he studied Economics and Finance. He then continued on to study economics for a year at the University of Karlstad, in Sweden. Profile
LOUIS R. MISCIOSCIA, Senior Vice President and Senior Equity Research Analyst at Lehman Brothers, follows two tech groups, computer services/IT consulting, and electronics manufacturing services (EMS). Prior to following these areas, he co-covered the enterprise hardware area (as a Junior Analyst), which has led to the research approach of focusing on the big picture, but using a bottom up strategy of staying close to industry contacts. He was recognized as the number one EMS analyst by Institutional Investor Magazine in 2001-2004, and number one in the Greenwich Survey for that same time period. In addition to his 10 years on Wall Street, his background includes 10 years with various sales, technical and management positions within IBM. He received an MBA from Columbia University, an undergraduate degree in Chemical Engineering from Rutgers University and is a CFA. Profile
BRIAN WHITE, an Analyst at Kaufman Bros, LP, has covered the EMS and electronics supply chain industries for eight years. Prior to joining Kaufman Bros. in 2003, he covered the EMS and electronics supply chain group at Merrill Lynch for four years. At Merrill Lynch, he was a member of Institutional Investor magazine's number one rated EMS team. Prior to joining Merrill Lynch, he covered the EMS and embedded computing industries at SG Cowen. He has contributed to several articles about the EMS industry with various leading publications and has participated as a speaker at various industry events over the years. He received his MBA with honors from Vanderbilt University with a concentration in Accounting and Finance with an international emphasis. He is a member of the National Business Honor Society. Profile
TWST: Brian, what's gone on in the electronic manufacturing services

space from a business point of view so far this year?

Mr. White: First of all, I think the winners and the losers in