Technology >> Sector Roundtables >> June 9, 2003

Roundtable Forum: Semiconductors

JOSEPH OSHA covers the semiconductor industry at Merrill Lynch Global Securities, and has appeared in the industry's closely watched Institutional Investor survey for the past several years. The Merrill Lynch Global Semiconductor team has been ranked #1 in the same survey for the past two years. Ms. Osha has been with Merrill Lynch in the US since 1997. From 1992 through 1997, he was a technology analyst in Japan, and was top-ranked by Institutional Investor in that role as well. He holds an MBA and an MA Asian Area Studies degree, both from the University of Michigan, and is a Chartered Financial Analyst. Profile
GREGORY 'Woody' CALLERI is a Senior Technology Analyst covering semiconductors at Midwest Research. Prior to joining Midwest Research in August 2000, Mr. Calleri spent three years working at National City Bank, where he was a Senior Technology Analyst responsible for all technology investment coverage. Mr. Calleri received his MBA in Finance from the University of Maryland and his BA in Economics from SUNY at Buffalo. Profile
Dan K. Scovel is a semiconductor analyst with Tokeneke Research LLC in Connecticut. He began his professional career in technical sales and marketing roles in 1984 with Advanced Micro Devices, experienced two small startup companies, and then spent the last six years of his industry tenure with Cirrus Logic where he supported the firm's Japanese market development. He began his career as a senior semiconductor analyst with Fahnestock & Company in 1996, was recruited by Needham & Company in April 2000, and founded Tokeneke Research in 2005. He obtained his undergraduate BS degree in Electrical Engineering from the University of Washington in Seattle and his MBA, with an emphasis in Finance, from Santa Clara University located in the San Francisco Bay Area. Profile
ADAM S. PARKER became a Senior Research Analyst at Sanford C. Bernstein & Co., covering the semiconductor industry, in the summer of 2001. He was a member of the 2003 Institutional Investor All-America Research Team for his coverage of the semiconductor industry. He joined Bernstein in 1999 as a quantitative analyst focusing on research, client services and marketing for the Global Strategy Group. Before he joined the firm, Mr. Parker worked for several years as a financial and statistical analyst at American Express Inc. in New York and in management consulting, where he focused primarily on the financial sector. He earned a BS in Statistics from the University of Michigan at Ann Arbor, an MS in Biostatistics from the University of North Carolina at Chapel Hill, and a PhD in Statistics from Boston University. Profile
TWST: Joe, as we look at the semiconductor industry, the stocks

have done rather well over the past three or four months. Why is

that, given that not much seems to be going on?

Mr. Osha: Our