Consumer >> Sector Roundtables >> July 5, 1999
ROBERT MCCONNAUGHEY is a Managing Director and Senior Portfolio Manager
of Prudential Real Estate Securities Investors. Previously, he was
associated with Fidelity Investment. Mr. McConnaughey received his
Bachelor's degree from Dartmouth College. Profile
MARK MUTKOSKI is a Senior Lodging and Gaming Analyst/Managing Director
of Equity Research at Deutsche Banc Alex. Brown. He recently expanded
his coverage area to include the gaming and leisure sectors in addition
to his long-standing role as the firm's lodging industry analyst. Mr.
Mutkoski began his career in the hospitality industry and held various
positions in hotel, food and beverage operations. His previous
associations include; Ladenburg, Thalmann & Co., Sfuzzi Inc. and
Atlantic City's Trump Taj Mahal hotel. He received a BS from Cornell
University's School of Hotel Administration. Profile
JOYCE MINOR is a Vice President at Lehman Brothers. Previously, she was
associated with Phoenix Duff & Phelps. Ms. Minor received her Bachelor's
degree in Economics from Macalester College and her MBA from Harvard
Business School. Profile
DENISE WILDER WARREN is a Vice President at Merrill Lynch & Co.
Previously, she was associated with CS First Boston. Ms. Warren
received her Bachelor's degree in Economics from Southern Methodist
University and her MBA from Harvard Business School.MICHAEL A. HAPPEL is
a Principal of Morgan Stanley Dean Witter. Previously, he was Director
of Acquisitions for the Morgan Stanley Real Estate Funds and was
involved in real estate investment banking activities at Morgan Stanley.
Mr. Happel is a graduate of Harvard Law School and Duke University. Profile
lodging industry, will you talk first about how the industry is
segmented in terms of owners, franchisers and managers. Are
