Industry & Services >> Analyst Interviews >> December 9, 2002

Defense Stocks: An Overview: Charles Gabriel – Prudential Securities

Charles A. 'Chuck' Gabriel, a Senior Vice President and Financial Analyst at Prudential Securities, is a 20-year veteran of political forecasting for institutional investors. A former Capitol Hill staffer, he is an expert on how Washington fiscal and regulatory policy impacts the banking, financial and defense industries as well as the equity and fixed income markets in general. As a member of Prudential Securities Incorporated's Financial Services Group (PFSG), he has won plaudits most recently for his commentary on the Bush Administration's commitment to disarming Iraq's Saddam Hussein and Republican victories in the mid-term congressional elections. He has also been cited for his strategic analysis in the firm's respected Investor Weekly, relating to overall political trends, budget and tax matters, asbestos litigation, and tobacco legislation. He joined PSI in February 1995, 12 years after entering the field as a partner in The Washington Forum, a division of the old Drexel Burnham Lambert. He has been cited on the Institutional Investor All American Team for the category of Washington research every year since 1994 (most recently winning the First Team award for 2002) and is a frequent guest on business-related television shows. Before entering the field, he worked as a legislative assistant to Rep. Clarence J. Brown of Ohio. Mr. Gabriel is a graduate of The George Washington University and he and his wife Kelli Lyn have four daughters (Darcy, Hillary, Courtney, and Charlie) and a son (Matthew). He was born in Landstuhl, Germany, on March 22, 1955 and is the son of retired Air Force General Charles A. Gabriel, who was a member of Ronald Reagan's Joint Chiefs of Staff from 1982 to 1986. Profile
TWST: Is the possibility of war in Iraq to be taken as a signal to go

out and buy defense stocks, or not?

Mr. Gabriel: I think there is a potential trap with regard to what would