Consumer >> Analyst Interviews >> September 5, 2011

Strong Secular Growth Trend In E-commerce – Brian J. Pitz & Brian P. Fitzgerald – Ubs Investment Bank

Brian P. Fitzgerald is a Director and Research Analyst at UBS Investment Bank, where he covers the Internet and interactive entertainment. Previously, he was a Vice President and Research Analyst covering the Internet at Banc of America Securities LLC. Before that, Mr. Fitzgerald was a Vice President at Morgan Stanley co-covering the Internet and PC applications software and interactive entertainment sectors since 2000. There, he was a Member of the top-ranked Internet research team in the annual Institutional Investor poll and Greenwich Associates survey. Before starting his corporate career, he was a Helicopter Pilot and Officer in the United States Army. Mr. Fitzgerald received an MBA from New York University's Leonard N. Stern School of Business and a B.S. in mathematical economics and computer science from West Point, The United States Military Academy.Brian J. Pitz is an Executive Director and a Senior Research Analyst in equity research at UBS Investment Bank, where he covers Internet and interactive entertainment. Previously, he was a Principal and Senior Research Analyst covering the Internet at Banc of America Securities LLC. Before that, Mr. Pitz was a Vice President at Morgan Stanley co-covering the Internet and PC applications software, while leading the coverage of the interactive entertainment sector. Mr. Pitz began his professional career as a Consultant in the business consulting practice of Arthur Andersen LLP in New York. Profile
TWST: Would you start with a snapshot of your coverage universe when it comes to the online retail space?

Mr. Pitz: Our key names are Amazon (AMZN), eBay (EBAY) and what used to be GSI Commerce, which