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Beyond the silo: MJSK team discovers flourishing companies within small-cap arena. (Research Profile).

Publication: Buyside

Publication Date: 01-APR-03

Author: Serva, Sandy
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COPYRIGHT 2003 Adams Business Media

Miller Johnson Steichen Kinnard

Sometimes good stock ideas can be found in the most unlikely places--just ask the analysts at Miller Johnson Steichen Kinnard (MJSK). This Midwest firm's research team has the freedom to discover companies that have room to grow.

"We're a small firm, so we don't have a large quantity of resources to follow large-cap names and compete with the big firms," says Research Director and Analyst Chad Simmer."We look for companies that are outside the typical silos." This "silo mentally," as Simmer calls it, keeps many research teams confined to what companies they are allowed to cover--but MJSK encourages analysts to go over the walls to unearth value.

The company is an independent broker-dealer that came together in 2000 upon the merger of Miller. Johnson & Kuehn, R.J. Steichen & Co. and John G. Kinnard & Co. Simmer is both a director and medical technology, analyst with 13 companies under coverage. Other team members include Jay Meier and Chad Bennett who follow technology companies and Chris Krueger, CFA who follows retail and consumer-related stocks.

Looking for good stock ideas doesn't always follow the path of conventional...

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