Industry & Services >> Sector Roundtables >> September 11, 2000
JOSEPH CHIARELLI is a Senior Analyst at Oppenheimer & Co., currently
following the healthcare services sector of the equity market.
Previously, Mr. Chiarelli was associated with J.P. Morgan Securities and
Coopers & Lybrand. He received his Bachelor's degree in Accounting from
Manhattan College and his MBA from the University of Hawaii. He also
completed the Cornell University Executive Development Program. Mr.
Chiarelli is a CPA and a Colonel in the United States Air Force Reserve. Profile
John W. Ransom is Director of Healthcare Research and Managing Director,
Equity Research, at Raymond James & Associates. In addition to serving
as Director of the healthcare group, Mr. Ransom covers a number of
sectors, including alternate site healthcare providers, retail
drugstores, hospital management companies and drug distributors. He
joined Raymond James in 1996 after 11 years with First Union, where he
co-founded and was a Vice President in the healthcare group. He has
been quoted in The Wall Street Journal, Investor's Business Daily, and
Dow Jones publications. In addition, he has been the featured speaker
at the National Investors Conference, as well as at a number of other
healthcare conferences. Finally, Mr. Ransom has earned several
professional accolades for his work, including being named to The Wall
Street Journal Best on the Street Analyst team and placing in the
Reuters Top 10 Analyst survey. Mr. Ransom earned an MBA from the
University of Georgia. Profile
JENNIFER CHILDE is an Associate Director in the equity research
department of Bear, Stearns & Co. in New York. As a generalist, Ms.
Childe has been a member of Bear, Stearns' highly acclaimed research
team, focusing on educational services and special situations companies.
Industries she follows or has followed include government
outsourcing/privatization companies, deathcare providers, parking lot
operators, private prison managers and healthcare services providers.
Ms. Childe was previously an equity analyst with Wasserstein Perella
Securities and Assistant Vice President of Capital Markets at First
Chicago. Ms. Childe has frequently appeared on CNNfn, CNBC, and is
widely quoted in business publications such as The Wall Street Journal,
Fortune, and BusinessWeek. Ms. Childe received her Bachelor's degree
from Cornell University and her MBA from The University of Chicago. She
is a Certified Public Accountant and a Chartered Financial Analyst. Profile
FRAN BLECHMAN BERNSTEIN is a First Vice President at Merrill Lynch.
Previously, she was associated with Dean Witter and Drexel Burnham. She
received her MBA from New York University and is a member of the NYSSA
and the Financial Women's Association. Ms. Bernstein is married and has
two children. Profile
TWST: Fran, let's begin with a status report on the deathcare or post-life services industry. How would you characterize the state of the
industry today?
Ms. Bernstein: Dead. Seriously, I