Industry & Services >> Sector Roundtables >> August 13, 2001
SCOTT H. CAMPBELL is a Vice President-Homebuilding and REIT Equity
Research at Raymond James and Associates. Prior to joining the firm in
September 1999 he was associated with Roney & Co. Previously, Mr.
Campbell was Director of Investor Relations at Pulte Homes, the nation's
largest residential homebuilder. Prior to joining Pulte, he spent six
years at the accounting firm Ernst & Young LLP, where he rose to the
position of Audit Manager. Mr. Campbell earned his degree in business
from Alma College in Michigan. He is a member of the American Institute
of Certified Public Accountants and the National Association of Real
Estate Investment Trusts. Profile
SAMUEL A. LIEBER is CEO/Portfolio Manager at Alpine Management &
Research, LLC. Previously, he was associated with The Evergreen
Funds as a Real Estate Portfolio Manager. Before that he was with
Whitbred-Nolan, Inc., and with The Project for Public Spaces as a
Noyes Fellow. Mr. Lieber's academic background includes Wesleyan
University, New York University Graduate School of Business, and
NYU Real Estate Institute. He is a member of NYSSA, NAREIT, the
International Council of Shopping Centers and the Urban Land
Institute. Profile
JOSEPH SROKA is a Vice President and Senior Analyst at Merrill
Lynch covering the building products and homebuilding industries.
He has previously worked in equity research at ABN AMRO, in the
private client group at Merrill Lynch and served as an infantry
officer in the US Army. Mr. Sroka is a Chartered Financial
Analyst, received a BS from the US Military Academy at West Point
and an MBA from the University of Chicago Graduate School of
Business. He enjoys spending his free time with his family, which
includes his wife, their daughter and their dog. Profile
CARL E. REICHARDT is Director and Senior Research Analyst at Wachovia
Securities, which he joined in May 2003. He covers the homebuilding and
building products industries and has extensive experience in the
building industry. From 2000 to 2003, Mr. Reichardt was Principal and
Equity Resarch Analyst at Banc of America Securities in San Francisco.
From 1997 to 2000 he served as co-Founder and co-CEO of Stampede
Ventures LLC, a retailer and consulting company serving the manufactured
housing industry. From 1993 to1997 he was an Equity Research Analyst for
Montgomery Securities in San Francisco. From 1988 to 1991, Mr. Reichardt
was employed by the Fieldstone Company, a large private homebuilder
based in Newport Beach, California. He received his BA in English (with
honors) from Georgetown University and an MBA from the Graduate School
of Business at Stanford University. Profile
TWST: Scott, what's been most striking about the performance of thehomebuilders over the past 12 months, the companies as well as the price
performance of the stocks?
Mr. Campbell: During the