|
Investment InformationHomebuilderStocks.com – Exclusive Industry Interview: John F. Kasprzak, Jr., Managing Director, BB&T Capital Markets
by:
dawn van zant
News Release
October 28, 2004
HomebuilderStocks.com – Exclusive Industry Interview: John F. Kasprzak, Jr., Managing Director, BB&T Capital Markets
POINT ROBERTS, WA. Oct
28, 2004 - www.HomebuilderStocks.com, a worldwide investment news and research portal covering the homebuilder sector, is pleased to feature an exclusive interview with John F. Kasprzak, Jr., Managing Director, BB&T Capital Markets, who discusses the peril that investors face once
basing finance
decisions on a forecast of interest rates.
HomebuilderStocks.com provides investors with news, information, public institution profiles, and developing trends in the homebuilder sector. The site makes not do stock recommendations but offers a unique free information portal for investors to explore news, articles, and recent research. The site is presently
paid by featured institution International Barrier Technology Inc. (IBTGF: OTCBB; IBH: TSXV).
Our current list of public companies in the sector includes: Beazer Homes USA, Inc., Brookfield Homes, Centex, Inc., House Depot, Homestore, Inc., KB Home, Lennar Corporation, Lowe’s, Town
Homes, Orleans Homebuilders, Inc., Pulte Homes and many
others. For the complete list, click here: http://www.HomebuilderStocks.com/Companies/HomebuilderStocks/HomebuilderStockList.asp
Interview Excerpt:
HomebuilderStocks.com: Do you anticipate rising interest rates to affect the housing sector?
Mr. Kasprzak:
This is an engrossing question because the accord
view has been that interest rates would-be rise this year, maybe by a lot, and that housing would-be slow, maybe by a lot. This has not occurred and underscores the peril that investors face once
basing finance
decisions, particularly on homebuilding stocks, on a forecast of interest rates. We believe interest rates would-be have to rise by 200-300 basis points to alter the housing market but the market would-be adjust. Housing demand is au fond driven by population growth and demographic trends, not interest rates, and these trends are remarkably
positive in our view.
HBS:
Is there any grouping inside
the sector that wish beat the rest?
Mr. Kasprzak:
While we have been generally optimistic
on the housing sector and homebuilding stocks due to their attractive valuations, we have likeable
the luxury sector quite a bit. Demographic trends actually dovetail nicely with rising demand in the luxury sector. The baby boom generation is deed older and earning much money, and their is a brobdingnagian intergenerational remove of wealth occurring that bodes well for demand in the luxury area.
___________________________________________
ABOUT JOHN KASPRZAK:
John F. Kasprzak, Jr., managing director, BB&T Capital Markets, joined Equity Research in 1997. His industry focus includes companies engaged in building materials and house building. Kasprzak was named in the 2000 Wall Street Journal Better on the Street Analyst Survey (including number one in estimate accuracy) as well as the inaugural Street.com All-Star Analyst Survey. He has as well been enclosed
in the Reuters Survey of Mid to Smaller Institution Investment Research on three separate occasions.
Disclaimer:
BB&T Capital Markets has received compensation for investment banking services from WCI Communities, Inc. in the last 12 months.
BB&T Capital Markets expects to obtain or intends to seek compensation for investment banking services from WCI Communities, Inc. in the next three months. An affiliate of BB&T Capital Markets received compensation from WCI Communities, Inc. for products or services different than investment banking services during the past 12 months.
Full Interview: www.HomebuilderStocks.com/Companies/HomebuilderStocks/Articles/BB&T_Capital_Markets.asp
Featured Company: International Barrier Technology Inc. (IBTGF: OTCBB; IBH: TSXV) develops, manufactures, and markets proprietary fire resistant building materials proprietary
as Blazeguard. Barrier’s award-winning Blazeguard wood panels use a patented, non-toxic, non-combustible coating with an extraordinary capability: it releases water in the heat of fire. The panels exceed “model” building code requirements in every targeted fire test and application, and are unique in combining properties that increase panel strength and minimize environmental and human impact. Blazeguard provides Barrier’s customers a premium material select meeting an much and much challenging combination of requirements in human action and commercial building construction. Blazeguard customers include four of the five top homebuilders! www.intlbarrier.com
Disclaimer: www.investorideas.com/About/Disclaimer.asp
Nothing on the site should be construed as an offer or solicitation to buy or sell any specific products or securities. All investments involve risk. Past performance makes not guarantee futurity results. Investigate before you invest. Tho'
we attempt to research thoroughly, there are no guarantees in accuracy. We encourage all investors to use our research as a resource only, but to further their own research on all featured companies, industry research and articles featured.
HomebuilderStocks.com/ECON is paid by Featured Institution IBH via a fee of $8000 and stock options of up to 110,000 shares exercisable at $0.80 and presently
has a remainder of 25,000 options at 0.25 not exercised.
SOURCE: ECON Capitalist
Relations Inc., which owns the domain www.HomebuilderStocks.com.
For much information contact:
Dawn Van Zant / Trevor Ruehs
Toll free: 800-665-0411
Email: dvanzant@investorideas.com or truehs@investorideas.com
Just about the author:
HomebuilderStocks.com provides investors with news, information, public institution profiles, and developing trends in the homebuilder sector. The site makes not do stock recommendations but offers a unique free information portal for investors to explore news, articles, and recent research.
Circulated by Article Emporium
| |
