Natural Resources >> Sector Roundtables >> February 12, 2001
RONALD J. BARONE is the Managing Director of the Natural Gas & Electric
Utilities Group of UBS Investment Research. An analyst since 1971, Mr.
Barone specializes in natural gas pipelines/distribution companies,
electric utilities, independent power producers, and energy master
limited partnerships. He has been ranked on Institutional Investor's
All-American Research Team for 29 consecutive years, including a number
one spot in the natural gas category in 2003. Prior to the UBS AG
acquisition of PaineWebber Incorporated, Mr. Barone was the natural gas
analyst at PaineWebber. Prior to that, he followed natural gas and
electric utilities at Kidder Peabody & Co. Mr. Barone earned an MBA
degree from New York University and a BA degree in Economics from
Manhattan College. Profile
David N. Fleischer is a Managing Director with Goldman, Sachs &
Company, where he is on the Investment Policy and Stock Selection
Committees. He is responsible for coverage of natural gas
companies and master limited partnerships. Prior to joining the
firm, Mr. Fleischer spent 17 years as a Securities Analyst at
several major financial institutions and investment firms. He
earned a BA degree in Economics from the University of
Pennsylvania and an MBA in Finance from The Wharton School. Mr.
Fleischer is a CFA and was a Lieutenant in the U.S. Navy. Profile
CURT N. LAUNER is a Managing Director in the Equity Research Department
at Credit Suisse First Boston which merged with Donaldson, Lufkin &
Jenrette until the merger with in October 2000. Mr. Launer covers the
Natural Gas & Power sector and is especially recognized for his research
and analyses of Enron Corp. and El Paso Energy. He began his career as
an accountant working for Arthur Young & Company and Mobil Oil
Corporation. Mr. Launer was previously associated with L.F. Rotschild,
Unterberg & Towbin and Gruss Petroleum Management. He received a BS in
Accounting from the State University of New York at Buffalo. Profile
TWST: Last year, Curt identified several factors as positives thatpointed to the diversified natural group performing very well in 2000
and over the next several years: a rising earnings growth