Consumer >> Sector Roundtables >> April 29, 2002
NEIL CURRIE is an Executive Director in the consumer group of UBS
Warburg Equity Research. An Analyst since 1990, Mr. Currie specializes
in food and drug retailers. Prior to 2000, he covered UK food and drug
retailers from UBS Warburg's London office. In Institutional Investor's
2000 All-Europe Research Team, Mr. Currie was ranked number two in food
and drug retailing. He also serves as UBS Warburg's Global Coordinator
for retail research. Before joining UBS Warburg, Mr. Currie was an
Analyst at Credit Lyonnais Securities in London. Previously, he was with
Tesco, the UK's largest supermarket operator, where he ultimately became
National Marketing Controller-Sales Promotions. Mr. Currie graduated
from Manchester Polytechnic with a BA degree in Economics. Profile
MEREDITH ADLER is Lehman Brothers' Equity Analyst following the
supermarket and drug store industries, including major chains such as
Safeway, Kroger, Albertson's, Walgreen and CVS. She joined Lehman's
equity research department in mid-1996 after spending 10 years as a high
yield bond analyst. Ms. Adler ranked number two in the food and drug
retailing category in the 2001 poll of equity analysts conducted by
Institutional Investor magazine. Prior to joining Lehman Brothers, Ms.
Adler worked in high yield research at Chase Securities, CS First
Boston, and L.F. Rothschild. She received her MBA in Finance from New
York University and a BA in Comparative Religion from Boston University,
and she is a Chartered Financial Analyst. Profile
MARK HUSSON is an Analyst with Merrill Lynch, covering food and drug
chains. Prior to joining Merrill Lynch, he worked at J.P. Morgan where
he was Institutional Investor runner up for four years. He is currently
ranked number one in the Institutional Investor All-American 2001 Survey
and Greenwich Associates Survey 2000 and was number two in the 2000 and
1999 Institutional Investor All-American research polls. Mr. Husson
previously worked for SG Warburg and Morgan Stanley in London and Tesco
Plc and Marks and Spencer in his retailing career. Profile
TWST: Meredith, will you begin by reviewing the performance of thesupermarkets and the drug chains over the past year?
Ms. Adler: It's been kind of an interesting time. The stocks, I