Consumer >> Sector Roundtables >> June 7, 1999
ROBIN M. FARLEY is an Executive Director in the equity research division
of UBS Warburg covering the cruise line, gaming and leisure industries.
Prior to joining Paine Webber (acquired by UBS Warburg), Ms. Farley was
with Deutsche Banc. Alex. Brown and its predecessor firms (BT Alex.
Brown and BT Securities, subsidiaries of Bankers Trust). She has
appeared on CNN and CNBC, and frequently in other media discussing the
leisure industry. Ranked by Institutional Investor magazine for her
research, she has also been named a Wall Street Journal All Star/Best on
The Street, including being ranked number one for stock-picking and an
All-Star for estimate accuracy in 1999. She holds a BA from Princeton
University and an MBA with honors from Columbia Business School. Ms.
Farley is a member of the NYSSA. Profile
JOSEPH V. COCCIMIGLIO is a Senior Gaming and Lodging Analyst at
Prudential Securities. Previously, he was associated with Dean Witter,
J.P. Morgan and Deloitte & Touche. A CPA, Mr. Coccimiglio received his
Bachelor's degree in Accounting from the State University of New York at
Binghamton. Profile
JASON N. ADER is a Senior Managing Director for Bear, Stearns &
Co., Inc. During the past eight years, he has built an impressive
franchise at Bear Stearns, supervising research coverage for more
than 50 public companies in the gaming, lodging and leisure
industries. His expertise also encompasses the gaming industry's
high yield bond market. He has received numerous distinctions for
his research. Not only has he been ranked in Institutional
Investor's All-America Research Team for the past eight years, he
has been II's top-ranked gaming and lodging analyst for three
consecutive years. In 1999, he was named one of New York City's
'40 Under 40' by Crain's New York Business. In addition, he
produces the North American Gaming Almanac and the Global Lodging
Almanac. Mr. Ader began his career at Baron Capital, where he
began following the casino industry. From Baron Capital, Mr. Ader
moved to Smith Barney. He joined Bear Stearns in 1995. He holds a
Bachelor of Science degree in Economics and a Master of Business
Administration degree in Finance from New York University. Profile
Harry C. Curtis is a Managing Director and Senior Analyst covering the gaming, lodging and leisure sectors at Nomura Securities International, Inc. Mr. Curtis joined the company's U.S. equity research team from Lazard Capital Markets, and has been an established leader and highly regarded Analyst in the gaming and lodging industry. Before moving to the buy side in 2008 as a Portfolio Manager and Senior Consumer Analyst, Mr. Curtis was consistently recognized by Institutional Investor as a highly ranked gaming and lodging Analyst. He received his B.A. from Connecticut College and is a CFA charterholder. Profile
BRIAN EGGER is a Director in the Equity Research Department of Credit
Suisse First Boston covering the gaming and lodging industries. He
formerly covered these industries for Donaldson, Lufkin & Jenrette until
DLJ's merger with CSFB in October 2000. A member of the 1999 and the
2000 Institutional Investor All-America Research Teams, he has also been
ranked for earnings estimate accuracy and stock picking in the Wall
Street Journal All-Star Analysts Survey and is a five-time Wall Street
Journal All-Star Analyst. Mr. Egger received a BS in Economics from the
University of Pennsylvania's Wharton School and an MBA from the
University of Chicago. Profile
TWST: Let's start with an analysis of the factors that have contributedmost to the improvement in the gaming stocks in 1999, year-to-date.
Mr. Coccimiglio: I think gaming stocks have been