Joseph V. Battipaglia, Chairman of Investment Policy at Gruntal & Co. and John Daly, Managing Director of Trainer Wortham & Co. to Address Investors


BOCA RATON & WEST PALM BEACH, Fla., May 23, 2001 (PRIMEZONE) -- Gruntal & Co:


 When:  Wednesday, May 23, 2001  
        12 p.m. & 7 p.m.
 
 Where: 12 p.m. event - Boca Resort & Hotels 
        501 East Camino Real
        Boca Raton, Florida
        Hosted by: Gruntal's Cypress Creek branch

        7 p.m. event - Harriet Himmel Gilman Theater, City Place
        Okeechobee and Rosemary Avenue
        West Palm Beach, Florida 
        Hosted by: Gruntal's West Palm Beach branch

Gruntal & Co., one of the nation's oldest securities brokerage firms, today announced that Joseph V. Battipaglia, Chief Investment Strategist, at Gruntal & Co., and John Daly, Managing Director at Trainer, Wortham & Co., will address investors on investment opportunities and how individual investors can maximize their investment returns in light of market volatility, trends in employment and economic growth, and other mitigating factors. A question-and-answer session will follow each of the presentations.

Though these are invitation-only events, members of the media are encouraged to attend, and should contact Stacey Reed of Morgen-Walke Associates at (212) 850-5667 to reserve space. Battipaglia has held senior positions at Gruntal for 17 years, and is regularly featured on radio and television, including guest appearances on 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.

Daly has more than 40 years of experience in the fields of investment management and securities, including heading the Asset Management Division of E.F. Hutton and the Private Investor Department of Salomon Brothers. He is a member of the Board of Governors of the Money Management Institute and the Advisory Board of the Institute for Certified Investment Management Consultants.

"The consumer once again is providing stability and growth to the overall economy," said Battipaglia. "The negative wealth effect that so many feared has not evidenced itself because most households remain in good financial stead with the value of bonds, real estate and other assets rising."

For additional information, please contact Gruntal's Cypress Creek office at (800) 223-7658, located at Radice Corporate Center, 800 Corporate Drive, Cypress Creek, Florida; or the West Palm Beach office at (800) 223-7680, located at 222 Lakeview Avenue, West Palm Beach, FL 33401. Further information can also be found on the Gruntal Website, www.gruntal.com.

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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