General Investing >> Money Manager Interviews >> October 6, 1997

Carl Erik Sando – Elcon Securities

CARL ERIK SANDO is Senior Financial Analyst with Elcon Securities in Oslo, Norway. He joined Elcon Securities in 1987 after graduating from the Norwegian School of Business. With a strong emphasis on macroeconomic fundamentals, the focus has always been on the financial sector. As in several other countries, the recent decade is characterized by collapses and hefty rebounds both within the banking, mortgage and insurance industries in Norway. In 1992-1993 Sando was part of Elcon Securities' team working for the Board of Administrators with the refinancing of UNI Storebrand --Norway's largest insurance company. In 1990 Sando conducted the first ever analysis on the municipal hydroelectric power production industry, which is another high-priority area of Elcon Securities. Recently, Sando has been involved in research on certain technology stocks. Being a competition speed-skater up until 1990, the favored leisure activities are now cross-country skiing and bicycling --plus guitar playing. Profile
TWST: Mr. Sando, let's start with your giving us a description or

profile of your firm.

Mr. Sando: We are a Norwegian brokerage firm with approximately 60

employees. Since the late '80s, we