Consumer >> Sector Roundtables >> May 3, 2004

ROUNDTABLE FORUM: RESTAURANTS

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
DEAN HASKELL joined JMP Securities LLC in April 2003 as a Director and Senior Analyst covering the restaurant sector. He has more than 17 years of operational, financial and executive restaurant business experience. From 1999 to 2002, Mr. Haskell served as President and Chief Executive Officer at Real American Restaurants (RAR), a multi-concept restaurant company based in Northern California. He succeeded in turning around the struggling company, making it profitable within three years by focusing on unit level operations, asset/liability restructuring and reductions in G&A expenses. Before joining RAR, Mr. Haskell served as Senior Vice President and Equity Analyst at First Union Securities for five years, covering the restaurant industry. Prior to that, he served three years as the assistant analyst at Morgan Keegan. Mr. Haskell received an MBA in Finance from the Owen Graduate School of Management at Vanderbilt University, Tennessee, and a BBA in Finance and Economics from Kennesaw State College, Georgia. He has been quoted in The Wall Street Journal, Barron's, Reuters, Fortune, Forbes, The New York Times, The Wall Street Transcript, Nation's Restaurant News, etc., as well as seen on CNBC's Kudlow and Cramer, CNN, CNNfn, Canadian Broadcasting Company and the Nightly Business Report. Profile
TWST: Janice, why have the restaurant stocks done so well over the past

six to nine months?

Ms. Meyer: The stocks have done very well because same-store sales have

improved markedly. Looking