General Investing >> Analyst Interviews >> March 4, 2004

VALUE INVESTING IN MICROCAP COMPANIES: WALTER WALSH – GABELLI ASSET MANAGEMENT

Walter K. Walsh, a Portfolio Manager at Gabelli Asset Management, has been employed in the brokerage business for approximately 35 years. He has been following micro-caps and, in particular, inactively traded securities for much of that time. Mr. Walsh is retired from the New York Regional Office of the U. S. Securities and Exchange Commission. He has been a staff member of Gabelli & Company, Inc., for approximately nine years and is presently a Portfolio Manager on Gabelli Westwood Mighty Mites Fund. Mr. Walsh has a BS degree in Economics from City University and an MBA in Finance from Baruch College. Profile
TWST: Can we start with a quick overview of the portfolios that you run?

Mr. Walsh: The Gabelli Westwood Funds has a portfolio of about $70

million. It's basically a micro-cap fund. I would