Industry & Services >> Sector Roundtables >> August 7, 2000
RAYMOND C. NILES is Director of the Integrated Power/Gas research team
at Salomon Smith Barney, and oversees coverage of Power Producers,
Energy Merchants and Integrated Utilities. He joined SSB in 2000 from
Schroders, where he covered this sector for three years. Prior to that,
he worked at Smith Barney (electric utilities) and Goldman Sachs
(retailing). Mr. Niles holds an MBA in Finance and Economics from New
York University. He has been identified as Best Up and Comer in both
Electric Utilities and Natural Gas by Institutional Investor magazine,
and has been recognized in the Wall Street Journal All-Star Analysts
Survey for both stock picking and earnings estimate accuracy. Profile
EDWARD J. TIRELLO, JR. is a Managing Director at Deutsche Bank.
Previously, he was associated with Deutsche Banc Alex. Brown, NatWest
Securities, Smith Barney, Harris Upham & Co., and Shearson Lehman
Brothers. Mr. Tirello received his Bachelor's degree in Economics from
St. Peter's College and his MBA from Fairleigh Dickenson University. He
has also done postgraduate work at Pennsylvania State University. Profile
DAVID M. SCHANZER is Vice President-Research of Janney Montgomery Scott
LLC. Previously, he was associated with PECO Energy as Director of
Investor Relations. He earned both his Bachelor's degree and his MBA
from Temple University. Mr. Schanzer is married, has two children and
includes travel, hiking and fishing among his personal interests. He is
also the Treasurer of the Philadelphia Young Playwrights Festival. Profile
DANIEL F. FORD is a Managing Director and Head of US Utilities Research
at ABN AMRO, Inc. Prior to joining the firm, he served as Managing
Director, covering the US electric utility industry at HSBC Securities.
He has also covered electric utility stocks at Dean Witter, Merrill
Lynch, and Morgan Stanley. A Chartered Financial Analyst, Mr. Ford
holds a Bachelor's degree in Economics from Dartmouth College. Profile
TWST: The world of investing in electric utilities is a lot morecomplicated than it was a few years ago, when The Wall Street Transcript
segmented the industry by geographic regions. How do you