Consumer >> Sector Roundtables >> May 25, 1998
MICHAEL J. BRANCA is a Managing Director at Lehman Brothers Global
Equity Research and Investment Bank in New York. He is the Senior
Analyst on Lehman Brothers United States Consumer Franchise research
team, which covers the Beverages, Food, Household Products, Restaurant
and Tobacco business sectors. As the Lehman Brothers Beverage analyst,
he has consistently been very highly ranked by the prestigious
Institutional Investor All-American Research Team poll and ranked by the
annual Greenwich Associates Institutional Research Services Poll in
every year since 1991. Mr. Branca has also consistently been highly
ranked in the Reuters Global Investment Research Survey and frequently
been named to The Wall Street Journal Analyst Poll (for both stock
picking and estimate accuracy) since the inception of both surveys in
the mid-1990s. Mr. Branca has actively served as a guest speaker at
various beverage and consumer product company meetings as well as
industry conferences and trade meetings. He is also quoted extensively
in the general press and in the trade and business press. As a Senior
Securities Analyst, he was previously associated with NatWest
Securities, Mabon Nugent Securities and Value Line. Mr. Branca is a
member of the Consumer Analyst Group of New York. He is a graduate of
Bucknell University and served as a Captain with the U.S. Army Corps of
Engineers as an International Liaison Officer. Profile
EMANUEL GOLDMAN is a Global Coordinator for Beverage and Tobacco
Research with Merrill Lynch. Previously, he was associated with
PaineWebber, Inc., Montgomery Securities, and Sanford C. Bernstein &
Company. A member of the NYSSA, Mr. Goldman earned both his Bachelor's
degree and a Master's degree from the University of California at
Berkley. He also holds an M.B.A. from Fairleigh Dickinson University.
Mr. Goldman is married and has three children. Profile
CAROLINE LEVY is a Research Analyst/Beverages at Schroder & Company,
Inc. She was previously associated with Lehman Brothers. She earned her
Bachelor of Commerce degree from the University of Cape Town. Mr. Levy
is married, has one child, and includes reading, entertaining and travel
among her personal interests. Profile
ANDREW CONWAY is a Principal of Morgan Stanley Dean Witter. He was
previously associated with Coca-Cola and Salomon Brothers. He earned his
Bachelor's degree in finance from Lehigh University and his M.B.A. from
the Emory Business School. Mr. Conway is married, has one child, and
includes tennis, golf, reading and opera among his personal interests. Profile
the performance of the beverage stocks over the past six to 12 months.
Caroline, would you start?
Ms. Levy: To backtrack
