Consumer >> Sector Roundtables >> May 19, 2003

Roundtable Forum: Restaurants

MARK D. KALINOWSKI, a Director at Smith Barney, began covering the restaurant industry in March 2000. Prior to this he assisted in covering the photography and imaging industry for Smith Barney from May 1996 until November 1999. In 2001, He was cited as a Next Generation analyst by Institutional Investor magazine, which highlights the best up and coming analysts on Wall Street. In 2002, Institutional Investor awarded him a ranked position, as a Runner-Up within the restaurant category. Also, together with Michael Rietbrock, lodging analyst at Smith Barney, Mr. Kalinowski was voted number one in the 2001 Reuters survey in the hotels, restaurants and leisure category. He secured his Master's in Business Administration degree and Bachelor's of Science in Mechanical Engineering degree from the University of Michigan. Profile
JANICE L. MEYER is a Managing Director at Credit Suisse First Boston Equity Research Group, where she focuses on the restaurant sector. She joined the firm from Donaldson, Lufkin & Jenrette, which CSFB acquired in November 2000, where she was a Vice President in DLJ's Equity Research group. Prior to joining DLJ, she was at Prudential Securities from 1991 to 1996. Ms. Meyer has been named to the Institutional Investor All-America Research Team for restaurants 10 times. She has been ranked number one for four of the last eight years. Ms. Meyer, a Chartered Financial Analyst, is also a member of the New York Society of Security Analysts. She has a BS in Accounting from the State University of New York at Albany and an MBA in Finance from Northeastern University. Profile
HOWARD PENNEY, an Analyst with SunTrust Robinson Humphrey Capital Markets, covers restaurants and small cap strategy. Prior to joining the firm, he was with Wyper Capital, where he worked for the past year. Prior to joining Wyper Capital, he was an Analyst at Morgan Stanley for 14 years, covering the restaurant industry. He also became the Small Cap Strategist in conjunction with his duties as a Restaurant Analyst. In 2000, he received rankings in two sectors in the Institutional Investor poll, both restaurants and small cap companies. In 1998, he was the number one ranked Restaurant Analyst, according to Institutional Investor. He holds a BA in Business Administration from Florida Southern College. Profile
TWST: Janice, how have these stocks done over the past six months in

light of the war and the generally lousy economy?

Ms. Meyer: I'd like to take a little longer time frame than that