William Armstrong

WILLIAM ARMSTRONG joined C.L. King in March of 2001 as a Senior Analyst
covering the specialty retailing industry. Mr. Armstrong has 18 years
experience as an equity analyst and has spent the past seven years
covering the retail industry, exclusively. Prior to joining C.L. King,
Mr. Armstrong covered specialty retailers with PMG Capital and
Fahnestock & Company. He covered broadlines retailers as an analyst for
Salomon Brothers, Inc., and organized and developed the equity research
department at Rochdale Investment Management, Inc. While at Standard
Research Consultants in New York as an equity analyst, Mr. Armstrong
provided closely held security valuations and rendered fairness and
solvency opinions in connection with corporate mergers and acquisitions.
Mr. Armstrong earned a BS in Marketing and Management from Montclair
State University and holds a MBA in Finance from New York University’s
Leonard N. Stern School of Business. He is a Chartered Financial
Analyst.