Technology >> Sector Roundtables >> May 24, 2004


MICHAEL MASDEA, a Director, is the senior research analyst in charge of CSFB's semiconductor franchise. His coverage spans the entire semiconductor universe, including PC, diversified, analog/mixed-signal, memory and communications semiconductor companies. He joined the CSFB Technology Group in 1999. Before joining CSFB, he worked in the research department at Volpe Brown Whelan & Co., covering the semiconductor industry. From 1998 to 1999, he worked in the research department at Robertson Stephens, covering the electronic design automation (EDA) and technical software industries. Prior to Robertson Stephens, he structured equity derivative products for Bear Stearns' Private Client Services department. Previously, he worked in electronic materials research at Illinois Tool Works. He holds both a Bachelor's degree and Master's degree in Materials Science and Engineering from Northwestern University's McCormick School of Engineering, where he received the school's highest honors. While earning his Master's, he worked within the Fundamental Research & Trading group at SBC Warburg. Profile
Shankar, Krishna
Krishna Shankar is the Senior Research Analyst following the semiconductors & IT hardware sector at ROTH Capital Partners, LLC. Mr. Shankar has a 20-year career on Wall Street in semiconductor research and investment banking since 1992. He has focused on semiconductor, semiconductor capital equipment and optical components research at Montgomery Securities, Salomon Brothers, DLJ Securities, JMP Securities and ThinkEquity. He also has extensive experience in technology investment banking, advising companies on capital raising and M&A at Needham & Co and also Bank of America Securities. Mr. Shankar began his career working as a Process Development Engineer at AMD and Cirrus Logic. Mr. Shankar is well-recognized for his extensive industry experience, ability to identify winning investment themes, longstanding corporate and institutional relationships, and domain expertise across the entire semiconductor and electronics industry food chain. Mr. Shankar received his B.S. in chemical engineering from IIT, New Delhi, India, M.S. in chemical engineering from USC, Los Angeles, and M.S. in engineering management from Stanford University in California. Profile
CARTER W. DRISCOLL, IRG Senior Analyst, technology, was formerly an equity analyst at Friedman, Billings, Ramsey (FBR), where he co-covered communications semiconductors and intellectual property. Prior to FBR, he was an associate analyst at Kaufman Bros., LP, co-covering semiconductors and broadband content delivery. He received a BA from Hamilton College, an MBA from the University of Rochester's William E. Simon Graduate School of Business Administration and is a Chartered Financial Analyst. His broad technology industry experience, ability to identify company-specific drivers and recognize sector trends support his recommendations. He favors companies whose technology creates new market niches, drives adoption rates, lowers operational costs and/or improves utilization of existing IT products. He emphasizes changes in cash flows and quality of the balance sheet when determining the proper valuation parameters. By utilizing detailed fundamental analysis and macroeconomic factors, He plans on producing timely and innovative recommendations for the fast-changing technology industry. Profile
TWST: Carter, what has happened with the semiconductor group from a

market perspective so far this year?

Mr. Driscoll: I think what you've seen over the last couple of weeks is

a more of a