Financial Services >> Sector Roundtables >> June 26, 2000
SAMUEL A. LIEBER is CEO/Portfolio Manager at Alpine Management &
Research, LLC. Previously, he was associated with The Evergreen
Funds as a Real Estate Portfolio Manager. Before that he was with
Whitbred-Nolan, Inc., and with The Project for Public Spaces as a
Noyes Fellow. Mr. Lieber's academic background includes Wesleyan
University, New York University Graduate School of Business, and
NYU Real Estate Institute. He is a member of NYSSA, NAREIT, the
International Council of Shopping Centers and the Urban Land
Institute. Profile
ERIC I. HEMEL is a First Vice President at Merrill Lynch Global
Securities. Prior to joining the firm, he worked at Morgan Stanley as an
Equity Analyst and at First Boston as a Vice President and Equity
Analyst. Dr. Hemel also held several positions in the Reagan
Administration, among them Chief Economist and Director of Policy and
Research at the Federal Home Loan Bank Board, Staff Director of the
President's Council of Economic Advisers, and Senior Policy Adviser to
the Domestic Policy Staff of the White House. He holds a BA, MBA and PhD
from Stanford University. Profile
DAVID SHULMAN is a Managing Director and Senior REIT Analyst at Lehman
Brothers. Previously, he was associated with Salomon Brothers, as both
Chief Equity Strategist and Director of Real Estate Research. He has
also served as a member of Ulysses Management LLC. Dr. Shulman holds a
BBA from Baruch College, and an MBA and PhD from the University of
California, Los Angeles. In 1990, he was the winner of the first annual
Graasliamp Award for excellence in Real Estate Research from Pension
Real Estate Association. Profile
DANIEL G. PINE is a Senior Vice President at Alliance Capital
Management. Previously, he was associated with Desai Capital Management.
A Chartered Financial Analyst, he is a graduate of the University of
Pennsylvania. Profile
Christopher P. Haley is Managing Director of Real Estate
Securities Research at Wachovia Securities, Inc. Mr. Haley joined
First Union (renamed Wachovia Securities in 2001) in early 1993
after three years at Kidder, Peabody & Co., where he was a senior
research associate in the Natural Resource group. He is a member
and contributing editor to AIMR (Association of Investment and
Management Research) and its Continuing Education series, a
graduate of Harvard University's Executive Management Series; and
is a currently a member of NAREIT, and several Financial Analyst
Societies. Mr. Haley's insights in the real estate securities
markets have been used in many real estate and investment
periodicals, including the Wall Street Journal, Barron's
financial weekly, and Investor's Business Daily. Mr. Haley has
his graduate degree from Villanova University, PA. Profile
showing by the REITs in 2000, this year to date?
Mr. Hemel: You are implying that there has been a rally. My question
