Industry & Services >> Analyst Interviews >> June 7, 2004

WATER UTILITY INDUSTRY OVERVIEW: DAVID SCHANZER – JANNEY MONTGOMERY SCOTT LLC

DAVID M. SCHANZER is Vice President-Research of Janney Montgomery Scott LLC. Previously, he was associated with PECO Energy as Director of Investor Relations. He earned both his Bachelor's degree and his MBA from Temple University. Mr. Schanzer is married, has two children and includes travel, hiking and fishing among his personal interests. He is also the Treasurer of the Philadelphia Young Playwrights Festival. Profile
TWST: What has been Janney Montgomery Scott's involvement in the water

industry?

Mr. Schanzer: Janney Montgomery Scott is a name that I think has always

been associated with the utility