Healthcare >> Sector Roundtables >> March 6, 2000
FREDERICK A. WISE, CFA, is a Managing Director at Bear, Stearns &
Co., covering the medical supplies and devices industry. Mr. Wise
is a six-year member of the Institutional Investor All America
Research Team. In 1999 he was ranked number two and in 2000 he
was ranked number three. He was named to the 2000 Wall Street
Journal All-Star Analysts Survey for earnings forecasting. He was
also ranked number four by The Reuters Survey 2000. Mr. Wise has
a unique valuation approach, and has accurately anticipated the
underperformance of stocks, as well as the performance of the
industry in recent years. Prior to joining Bear Stearns, he was
an Analyst at Kidder Peabody & Co. and Forbes, Inc. Mr. Wise
received an MA and a BA from the Manhattan School of Music. Profile
ERICK LUCERA is Senior Vice President and Principal at Independence
Investment in Boston and is responsible for research on all areas of
health care. In addition, he is managing their market neutral healthcare
portfolio. Prior to Independence, he was an Auditor in the Price
Waterhouse Philadelphia office. He is a graduate of The University of
Delaware, Indiana University, Boston College, and Harvard University and
has obtained the CPA, CMA and CFA designations. Profile
DAVID A. GRUBER is a Senior Vice President with Lehman Brothers, where
he heads the Medical Technology Group. He was previously associated with
Piper Jaffray, Vector Securities, and Sanford C. Bernstein & Company.
Prior to entering the securities industry, Dr. Gruber spent nine years
at Bristol-Meyers Squibb. He is a graduate of a six-year combined BS/MD
program at the City College of New York at Mt. Sinai School of Medicine.
He also earned his MBA from the Columbia Graduate School of Business.
Dr. Gruber completed a three-year Kellogg Foundation National Fellowship
in 1993. Profile
DANIEL T. LEMAITRE is a First Vice President with Merrill Lynch Global
Securities. A Chartered Financial Analyst, he received a Bachelor's
degree in Economics from Bethany College and an MBA from Bowling Green
State University. Prior to joining Merrill Lynch, Mr. Lemaitre was
associated with Cowen & Company. Profile
of two or three years ago? David?
Dr. Gruber: The market is different in several ways. Consolidation has
created
