Industry & Services >> Sector Roundtables >> July 17, 2000
TODD B. ERNST is a Vice President/Aerospace and Defense Analyst at
Prudential Securities. Previously, he was associated with AT&T. Mr.
Ernst received his Bachelor's degree from DePauw University and his MBA
from the University of Michigan. Profile
PIERRE A. CHAO is a Managing Director and Senior Aerospace/ Defense
Analyst at Credit Suisse First Boston. Previously, he was associated
with Morgan Stanley Dean Witter, Smith Barney, JSA International and
Prudential-Bache Capital Funding. Mr. Chao received dual Bachelor's
degrees in Political Science and Management Science from M.I.T. A
Chartered Financial Analyst, he is President of the Aerospace Analyst
Society Profile
JOSEPH P. SAN PIETRO is a Vice President and Senior Aerospace and
Defense Analyst in the Equity Research division of Wasserstein Perella
Securities, Inc. Prior to joining the firm, he was a member of the
Aerospace and Defense team at Morgan Stanley Dean Witter. He began his
career as a Management Consultant at Monitor Company and later worked at
A.T. Kearney. Mr. San Pietro holds a BA in Comparative Political Change
from Boston University. DALE WINNER is a Portfolio Manager/Analyst at
Templeton Global Advisors. Previously, he was associated with J.P.
Morgan and Mitsui Trust. Mr. Winner graduated from Reading University in
the UK. A Chartered Financial Analyst, he is President of the Bahamas
Society of Analysts. Profile
TWST: Pierre, tell us about the performance of the commercial aerospacestocks and the defense stocks in the second half of 1999 and the first
half of 2000. How would you differentiate between the