Consumer >> Analyst Interviews >> January 17, 2005

TV BROADCASTERS & SATELLITE RADIO: SEAN BUTSON – LEGG MASON WOOD WALKER

SEAN P. BUTSON, Principal, has been with Legg Mason for eight years and currently covers the media industry. Prior to his current coverage, Mr. Butson covered the wireless services and tower industries and finished number one in the 2002 Wall Street Journal stock picking contest for wireless services. Prior to joining the firm, he was a Portfolio Manager in Bank of America's Corporate Banking Group, where he provided financing to telecom and technology companies. Mr. Butson is a Chartered Financial Analyst and a member of the Baltimore Security Analysts Society. He has a BS in Finance from the University of Maryland and a BA in politics from Wake Forest University. Profile
TWST: Sean, let's start with an overview of what you're covering in the

broadcasting area.

Mr. Butson: I'm a media analyst at Legg Mason and I cover the satellite

radio companies, XM Radio