Gruntal & Co. Chairman of Investment Policy Joseph V. Battipaglia to Provide Investment Outlook


CONSHOHOCKEN, Pa., March 19, 2001 (PRIMEZONE) -- Gruntal & Co.:


                   When:  Wednesday, March 21, 2001, 7:00 p.m.
 
                   Where: Philadelphia West Marriott
                          111 Crawford Avenue
                          West Conshohocken, Pa.

Gruntal & Co., one of the nation's oldest securities brokerage firms, today announced that Joseph V. Battipaglia, internationally known by the financial community and individual investors for his depth of market analysis, will share his current market insights with investors in a seminar titled "Solid Advice For Changing Times." Individuals may attend the symposium free of charge.

Battipaglia will outline his investment strategy and focus on investment opportunities and money management strategies versus individual stock selection. Battipaglia has held senior positions at Gruntal for 17 years, and his investment insight is regularly spotlighted on radio and television. His special guest appearances include CNN's "Larry King Live," PBS's "The Nightly Business Report," NBC's "Today Show" and "Meet the Press," and numerous financial programs on CNBC.

"As earnings expectations rise, the risk/reward tradeoff for owning equities should improve since most of today's bad news is already factored into most stock prices," said Battipaglia. He continued, "I believe an improved outlook on earnings can emerge during the second quarter as visibility into the second half improves, inventories are reduced and spending picks up."

Those interested in attending the event should call the reservation hotline at (800) 260-9373 or register online by visiting Gruntal's website, www.gruntal.com. Reservations are recommended, as seating is limited. For additional information, please contact Gruntal's Conshohocken office at (610) 567-1900, or visit the office located at Millennium 1, 20 Ash Street, 4th Floor, Conshohocken, Pa. Members of the media who wish to attend should contact Claudia Moscarella, Morgen-Walke Associates, (212) 850-5630.

Gruntal & Co., L.L.C., a wholly owned subsidiary of Gruntal Financial L.L.C., is a national securities brokerage firm established in 1880. The firm offers a full line of investment products and services to individual and institutional clients. Gruntal Financial L.L.C., with approximately $20 billion in client assets, employs more than 1,400 people in offices across the United States.



            

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