Consumer >> Sector Roundtables >> May 27, 2002
MICHAEL A. HAPPEL is a Principal of Morgan Stanley Dean Witter & Co.
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
BRYAN A. MAHER is a Director and Senior Equity Analyst with Credit
Lyonnais Securities (USA), Inc. (CLS), responsible for providing equity
research on the lodging, gaming and leisure industries in the US. Prior
to joining Credit Lyonnais in 1999, Mr. Maher was an Equity Analyst at
Deutsche Banc Alex. Brown, where he was the Associate Lodging & Leisure
Analyst since April 1996. Prior to joining Deutsche Banc Alex. Brown,
Mr. Maher worked at Dean Witter Reynolds from 1992 to 1996. Preceding
his work at Dean Witter, Mr. Maher was an Analyst at the Trump Taj Mahal
in Atlantic City, NJ, from January 1990 to October 1991. Complementing
Mr. Maher's experience as an Equity Analyst on Wall Street are his nine
years of combined lodging and gaming operating experience. Mr. Maher
received his Bachelor of Science degree in Finance from Clemson
University and his MBA in Strategic Management from Georgia State
University. Profile
BRIAN EGGER is a Director in the Equity Research Department of Credit
Suisse First Boston covering the gaming and lodging industries. He
formerly covered these industries for Donaldson, Lufkin & Jenrette until
DLJ's merger with CSFB in October 2000. A member of the 1999 and the
2000 Institutional Investor All-America Research Teams, he has also been
ranked for earnings estimate accuracy and stock picking in the Wall
Street Journal All-Star Analysts Survey and is a five-time Wall Street
Journal All-Star Analyst. Mr. Egger received a BS in Economics from the
University of Pennsylvania's Wharton School and an MBA from the
University of Chicago. Profile
the lodging companies and lodging stocks over the past 12 months. In
order to do this, is it necessary to divide the period
