Krause Fund Research

FALL 2007 Research Coverage:

Krause Fund analysts employ a top-down approach to research that integrates economic, industry, and company analysis.  Students employ a variety of valuation techniques including discounted cash flow (DCF), economic value added (EVA), relative multiple (P/E, P/B, PEG ratio), and fundamental multiple analysis.  Finally, all models are sensitivity tested against critical assumptions.

Team	Fund Holding	New Company
Daniel Mulcahy  •  Eric Rehm • Jon Schlorholtz		SOUTHERN COPPER CORP. MARTIN MARIETTA
Eric Boucher • David Drustrup • Calla Frett	YUM! BRANDS, INC.	TIFFANY & CO.
Marcus Beer • Rene Diaz • Josh Rohe	ROCKWELL COLLINS	BOEING
Mark Lindberg • Andrew O’Donnell •  Kyle Schultz	JOHNSON & JOHNSON	GENENTECH
Derek Friesth • Justin Slocum • Justin Welsh	APPLE, INC.	HEWLETT-PACKARD, INC.
Chris Clark • Steve Nading • Matt Stejskal	TARGET CORP.	DEERE & CO.
Michael Whitt • Sara Breitbach • Mike Forker	PEPSICO, INC.	WALGREEN CO.
Michael Burfiendt •  Aaron Waksmundzki • Jessica Welborn	ELI LILLY & CO.	BARR PHARMA.
Ye-Hyung Lee • Ryan Mullen • Joseph Ridgeway• John Slump	XTO ENTERGY, INC.	SCHLUMBERGER, LTD.
Josh Johnson • Jenny Tegeler • Erik Vining	NOBLE CORP.	TRANSOCEAN, INC.
Jason Dahm • Ryan Domyancic • Elise Runde Voss • Eric Thiessen	PRINCIPAL FINANCIAL GROUP	FACTSET RESEARCH SYSTEMS
Josh Hartig • Brian Powers •  Tyler Zittergruen	ENERGEN	AT & T