Industry & Services >> Sector Roundtables >> December 3, 2001

Roundtable Forum: Environmental Services

WILLIAM GENCO is a First Vice President with Merrill Lynch Global Securities. He is a past President of the Environmental Control Analysts of New York. Mr. Genco is a graduate of Fordham University and he received an MBA from New York University's Stern School of Business. JAIMI GOODFRIEND specializes in research and investment in environmental/ infrastructure systems and services for First Analysis Corporation. Prior to joining First Analysis in 1999, she was an Investment Banking Analyst specializing in consumer mergers and acquisitions at Montgomery Securities LLC in San Francisco. Ms. Goodfriend earned Bachelor's degrees with honors in Economics and Political Science from the University of Michigan. She is a candidate for an MBA at Northwestern University. Profile
STACY GRAY DEVINE is a Director and Senior Industrial Services Analyst at Deutsche Banc Alex. Brown, focusing on Environmental and Infrastructure Services. Ms. Devine has been named to the 2001 Institutional Investor All-Star Team and was ranked number one Pollution Control Industry Analyst by The Wall Street Journal in 1998 and 1999, based on stock picking. Prior to joining Deutsche Banc Alex. Brown, Ms. Devine was a Vice President at First Analysis Securities Corporation where she was a Senior Analyst covering the environmental and infrastructure sector. Ms. Devine has also been a Staff Accountant in the audit group of Ernst & Young. She graduated summa cum laude with a BS degree in Accounting and Finance at Drake University and an MBA at Northwestern University's Kellogg Graduate School of Business. Ms. Devine is a Certified Public Accountant. Profile
RICHARD C. EASTMAN, CFA, a Managing Director at Robert W. Baird, provides research to Baird's industrial team, specializing in filtration and process technology companies. Mr. Eastman has been a sell-side analyst for 14 years, most recently as a Managing Director and the Director of Research for Tucker Anthony Sutro. Mr. Eastman holds a BBA in Finance from the University of Wisconsin-Milwaukee and an MBA from the University of Wisconsin-Whitewater. Profile
ALAN PAVESE, who joined the Credit Suisse First Boston Equity Research department in February 2000, follows the environmental services industry. He has been a research analyst since 1995, covering environmental services companies since 1997 and electrical equipment companies prior to that. Mr. Pavese has held equity analyst research positions at Goldman Sachs & Co. and Morgan Stanley Dean Witter. Before that, he worked for General Electric Co. Mr. Pavese holds an MBA from Columbia University Business School and a BS in Electrical Engineering from the University of Buffalo. Profile
TWST: Let's begin with the approach that each of you takes to investing

in environmental services and the segments within the industry that you

focus on most closely. Jaimi, may we start with