Technology >> Sector Roundtables >> April 4, 2005


Weller, Todd C.
Todd C. Weller, CFA, Managing Director, joined the Stifel, Nicolaus & Co., Inc., research team in connection with Stifel, Nicolaus & Co., Inc.’s acquisition of Legg Mason’s capital markets group in December 2005. Mr. Weller covers the software and Internet infrastructure sector with a current focus on data centers, managed/cloud hosting and security. Before joining Legg Mason in 1998, he was an Associate Analyst at Prudential Securities covering companies in the Internet and electronic commerce sector. Before that, Mr. Weller was a Research Assistant at BT Alex. Brown, Inc. He was ranked first for earnings accuracy and third for stock picking in the software industry and second for stock picking in the health care technology industry by the Financial Times/StarMine in 2009, when he was also ranked third for stock picking in Internet and computer services by The Wall Street Journal. In 2008, he was ranked second for earnings accuracy in the software industry by the Financial Times/StarMine. Mr. Weller has a B.A. in economics with certificates in finance and management science from the University of Maryland, Baltimore County, and an MBA from the University of Maryland, College Park. Profile
NITSAN HARGIL, Senior Technology Analyst at friedman, billings, ramsey group, inc., and a chartered financial analyst, has more than 15 years of experience in the technology and financial services industries. Inside the technology industry, Mr. Hargil specialized in artificial intelligence research, software quality assurance, and CAD/CAM software. Later, in the financial services industry, he succeeded as a research analyst at Lehman Brothers and Kaufman Bros, LP. As a result, Mr. Hargil has become a well-known treasure in his field for successfully integrating his deep understanding of security, storage and network management software with his ability to provide credible, objective research. Mr. Hargil has frequently appeared on CNN, CNNfn, CNBC, Bloomberg TV, and other financial news shows to share his insight into the technology companies on his coverage list. He has also been quoted for his expertise in identifying and analyzing industry trends in leading publications such as The Wall Street Journal, Investor's Business Daily, The New York Times, The Washington Post, Fortune and BusinessWeek. Mr. Hargil is a member of the Association for Investment Management and Research and the New York Society of Security Analysts. He received his MBA from the Anderson School at UCLA Profile
GARY SPIVAK joined the Stanford Group in June 2004 as a Senior Vice President covering infrastructure software. His Wall Street career began in 1998 when he joined SoundView Technology Group as an analyst in the Software group. After five years, he joined Kaufman Bros., LP, to cover the security software group. Mr. Spivak brings a unique background to Stanford. Prior to becoming an analyst, he spent over 10 years in MetLife's Corporate IT department where he developed, evaluated, installed and rolled out various network and systems management software products. In addition, he managed several large infrastructure projects that included areas of technology such as: router and server deployment, circuit ordering, cabling infrastructure and application deployment. He received his MBA from Columbia University, his BA in Political Science from Binghamton University, and is a graduate of the New York University Diploma Program for Computer Technology. Profile
TWST: Gary, let's start with you. What are the hot issues in this

Internet security space at this point in time?

Mr. Spivak: There are obviously quite a few. The ones I tend to focus on