Industry & Services >> Sector Roundtables >> March 11, 2002

Roundtable Forum: Homebuilding Industry

SCOTT H. CAMPBELL is a Vice President-Homebuilding and REIT Equity Research at Raymond James and Associates. Prior to joining the firm in September 1999 he was associated with Roney & Co. Previously, Mr. Campbell was Director of Investor Relations at Pulte Homes, the nation's largest residential homebuilder. Prior to joining Pulte, he spent six years at the accounting firm Ernst & Young LLP, where he rose to the position of Audit Manager. Mr. Campbell earned his degree in business from Alma College in Michigan. He is a member of the American Institute of Certified Public Accountants and the National Association of Real Estate Investment Trusts. Profile
SAMUEL A. LIEBER is CEO/Portfolio Manager at Alpine Management & Research, LLC. Previously, he was associated with The Evergreen Funds as a Real Estate Portfolio Manager. Before that he was with Whitbred-Nolan, Inc., and with The Project for Public Spaces as a Noyes Fellow. Mr. Lieber's academic background includes Wesleyan University, New York University Graduate School of Business, and NYU Real Estate Institute. He is a member of NYSSA, NAREIT, the International Council of Shopping Centers and the Urban Land Institute. Profile
JOSEPH SROKA is a Vice President and Senior Analyst at Merrill Lynch covering the building products and homebuilding industries. He has previously worked in equity research at ABN AMRO, in the private client group at Merrill Lynch and served as an infantry officer in the US Army. Mr. Sroka is a Chartered Financial Analyst, received a BS from the US Military Academy at West Point and an MBA from the University of Chicago Graduate School of Business. He enjoys spending his free time with his family, which includes his wife, their daughter and their dog. Profile
JAMES F. WILSON, CFA, is a Managing Director at JMP Securities. He was previously associated with Jefferies & Company and Montgomery Securities. From 1986 to 1989, Mr. Wilson followed stocks in the financial services, business services and real estate industries as a Research Analyst at Sutro & Company. He received a BA in Economics from Whitman College. Profile
DAVID L. JARRETT joined the U.S. Equity Research Depart-ment of Credit Lyonnais Securities in June 2000 as a Vice President, Senior Analyst covering the consumer sector, inclusive of building and building products. Prior to joining Credit Lyonnais, Mr. Jarrett covered the business service companies at Josephthal & Co. From 1993 to 1996, while at Gerard Klauer Mattison & Co., Mr. Jarrett was the Special Situations Analyst where he successfully completed two investment banking deals ' an IPO and a secondary offering. In the 1980s he successively worked at A.G. Becker, Paribas, Tucker Anthony & R.L. Day, and Dean Witter as a Special Situations Analyst. He began his sell-side career in the early 1970s at Goldman Sachs where he did research on investment banking clients for 11 years. Mr. Jarrett holds a Bachelor of Science degree in Business from the University of Colorado. Profile
TWST: Despite the weakness in the economy, new and existing home sales

broke records in 2001 with mortgages that originated last year

apparently reaching an historic high of $2 trillion. What