Financial Services >> Analyst Interviews >> April 5, 2004


DON MCARTHUR joined Stifel Nicolaus in November 2001 to focus on the computer services and software industry, specifically the payment and payroll processing niches. Previously, Mr. McArthur spent over three years working in the equity research departments at Hoak Breedlove Wesneski & Co. and Prudential Securities. Prior to that, he spent four years as a Commercial Lending Officer at UMB Bank in Kansas City. Mr. McArthur received an MBA in Finance from the University of Missouri, Kansas City, and degrees in Accounting and Business Administration from the University of Kansas. He also is a holder of the Chartered Financial Analyst designation. Profile
TWST: Would you begin with an overview of what you cover in the payment

processing space?

Mr. McArthur: I primarily cover processors of credit and debit cards as

well as other electronic