Consumer >> Sector Roundtables >> June 10, 2002
JOHN M. MCMILLIN is a Managing Director and Senior Food and Agriculture
Analyst at Prudential Securities. He has been a top-ranked analyst by
Institutional Investor for 16 consecutive years. A Chartered Financial
Analyst, he has a BSBA degree from Bucknell University and an MBA degree
from Babson College. He is a member of the NYSSA and a former President
of the Consumer Analyst Group of New York. Mr. McMillin is married, has
two sons, and in his leisure time likes to play platform tennis. Profile
DAVID NELSON is a Managing Director in the equities division of Credit
Suisse First Boston with responsibility for food and agribusiness
companies. His research approach emphasizes global trade, commodity
market supply/demand analysis, policy trends and EVA valuation analysis.
Mr. Nelson is a rated Institutional Investor All-American for food stock
coverage and the co-coordinator of the number one rated CSFB Global
Consumer team. Mr. Nelson has also been the top rated analyst for
agribusiness coverage in a survey of institutional investors by
Greenwich Associates for the past eight years. Immediately prior to
joining Credit Suisse First Boston, Mr. Nelson was Deputy Director,
Research and Senior Food and Agribusiness Analyst at NatWest Securities.
Previously, he performed economic analysis and lobbying duties for the
American Feed Industry Association in Washington, DC, and was Senior
Livestock Analyst for the animal health group of SmithKline Beecham. Mr.
Nelson has served as consultant to the U. S. Feed Grains Council on
Russian agriculture, an Advisory Committee member to the U.S. Department
of Commerce's Census of Agriculture, and to the Advisory Committee of
the National Soybean Processors Association. Mr. Nelson holds a
Bachelor of Science Degree from Northern Illinois University and an MBA
from George Washington University. Mr. Nelson is married with two
children. Profile
DAVID J. ADELMAN is a Managing Director and follows the US
tobacco and packaged foods industries for Morgan Stanley. He
joined the firm in 1990. He was ranked number two in tobacco in
the 1999 and 2000 Institutional Investor All-America Research
Team surveys. He earned a BA in Economics with honors and an MBA
in Finance and Business Policy from the University of Chicago. He
has testified before the Senate Commerce Committee and the Senate
Judiciary Committee regarding national tobacco policy and the
Department of Justice tobacco lawsuit. He is a member of the
Consumer Analysts Group of New York and the New York Society of
Security Analysts. Profile
performance of the food stocks over the past 12 months?
Mr. McMillin: The food stocks have delivered roughly 30% relative
positive
