Consumer >> Analyst Interviews >> January 19, 2004

OUTLOOK FOR BEVERAGE STOCKS: MARK SWARTZBERG – LEGG MASON WOOD WALKER

MARK SWARTZBERG joined Legg Mason in 2002, establishing beverages coverage for the firm in June of that year. He has been covering beverages since 1998, when he joined Salomon Smith Barney as a junior member of its beverages research team. Institutional Investor magazine cited Mr. Swartzberg's work recently, designating him a 'Next Generation' analyst when establishing members of their 2003 All America Research Team and identifying Legg Mason as the best firm providing beverages research in the magazine's annual Best of the Boutiques roundup. Mr. Swartzberg holds a BA from Duke University and an MBA from Harvard University. Profile
TWST: Mark, may we start with a quick overview of your coverage?

Mr. Swartzberg: We cover the major beverage sectors around the world,

namely non-alcoholic beverages and alcoholic beverages,