Industry & Services >> Sector Roundtables >> August 25, 2003

Roundtable Forum: Environmental Services

Hoffman, Michael E.
Michael E. Hoffman, Director of Research at Wunderlich Securities, Inc. has 22 years of experience as a senior equity research analyst and in research and firm management with his most recent position as President, Chief Operating Officer and Director of Research at Caris & Company. Previously he was the Deputy Director of Research, Head of Fixed Income Research and Group Head of Diversified Industrial Research at Friedman Billings Ramsey covering the pollution control, solid waste and homeland security industries. He spent five years with Salomon Brothers covering pollution control, solid waste and specialty chemicals, a year with Robertson Stevens rebuilding its pollution control practice, 10 years with Credit Suisse where he built and managed at team of 80 in the US, Europe and Asia that created the firms fundamental global research database still in use today. He has been ranked number two by Institutional Investor, Greenwich Associates and Reuters in pollution control. He has a BSE degree from Widener University and an MBA degree from the Johnson School at Cornell University. Profile
BRADLEY COLTMAN is currently a senior analyst covering the North American environmental services industry at Deutsche Bank Securities, Inc. Before his appointment, he spent the last three years as the senior associate on the North American Environmental Services team, which was recognized as a member of the Institutional Investor All-America Research team in 2001. Prior to joining the firm, he was an Assistant Vice President at Duff & Phelps Credit Rating Company, where he covered financial services companies. He holds an MBA in Finance from the University of Chicago, Graduate School of Business and a BA in Economics from the University of Illinois. Profile
AMANDA TEPPER is a Senior Analyst at J.P. Morgan Securities covering environmental services. She also intends to launch coverage on the packaging sector. In March 2000, Ms. Tepper joined Chase H&Q to help build the firm's consumer equity practice. Prior to becoming an equity analyst at J.P. Morgan Chase, she spent eight years as an investment banker in Chase's Consumer and Retail Industries Group, advising and financing many of the leading companies in those sectors. She received her MBA from The Wharton School of Business at the University of Pennsylvania, and her BA (magna cum laude, Phi Beta Kappa) from Brown University. Profile
TWST: Michael, what has gone on in the environmental services group so

far this year from a market point of view?

Mr. Hoffman: Concentrating on the solid waste area, from our perspective

the