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.
WILF GOBERT is Vice Chairman of Peters & Co. limited and an energy
analyst responsible for integrated oils, large capitalization producers,
Canadian international independents and midstream companies. He has been
a financial analyst since 1974, an oil and gas analyst since 1976, and a
senior analyst at Peters & Co. since 1979. He is a member of the Alberta
Securities Commission’s Financial Advisory Task Force, a past president
of the Calgary Society of Financial Analysts, and a founding member of
the organizing committee of what is now the annual CAPP Investment
Symposium. Mr. Gobert has a Bachelor of Science degree in Mathematics
from the University of Windsor (1971), an MBA (Finance) from McMaster
University (1976), and is a Chartered Financial Analyst (CFA, 1979).
ALISTAIR TOWARD is a Senior Analyst ‘ Oil and Gas at Clarus Securities
Inc. Prior to joining Clarus in October of 2004, Mr. Toward was the Oil
and Gas Analyst at Research Capital Corporation and previously held this
position at HSBC Securities (Canada) Inc. and Gordon Capital
Corporation. In 2002, Mr. Toward spent several months working for UTS
Energy Corp. Mr. Toward received his Bachelor of Commerce degree in
Finance from McGill University and later received his CFA designation.
WENDY D. CAPLAN is a Managing Director at ABN AMRO. Prior to
joining the firm, she was associated with ING Barings, and Furman
Selz, which are predecessor companies to ABN and Schroder
Wertheim. Ms. Caplan earned a BS from the University of
Pennsylvania and an MBA from Pace University.
WENDY B. CAPLAN is a Managing Director and an Equity Research Analyst in
the Industrial Manufacturing Group, providing coverage of the
diversified industrials and rail supply companies at ABN AMRO. Prior to
joining the firm, Ms. Caplan was a Vice President and an Equity Research
Analyst in the Industrial Manufacturing group at Schroder Wertheim where
she spent over seven years providing coverage of capital goods
companies. Ms. Caplan received an MBA from Pace University, New York,
New York, and received a BS from the University of Pennsylvania,
Philadelphia, Pennsylvania.
WAYNE JOHNSON III, a Senior Vice President, Electronic and Transaction
Payment, joined SunTrust Robinson-Humphrey in November 1999 and is the
only Wall Street Analyst committed entirely to the Internet payments
space. Prior to joining SunTrust Robinson Humphrey, Mr. Johnson worked
on the buy- and sell-side at Volpe Brown Whelan, Robertson Stephens &
Scudder, Stevens and Clark as a Business Services and E-commerce
Analyst. He received a BA from the University of Colorado.
WAYNE HOOD is a Managing Director at Prudential Securities, Inc. He is
directly responsible for research coverage of the major broadline
retailers which include the discount stores, department stores and
building supply retailers. He has 18 years of research experience
following the retailing industry. Mr. Hood is past President of the
Merchandise Analyst Group of New York and has been named to
Institutional Investor’s All America Research Team and to The Wall
Street Journal’s All Star Analyst Team for Stock Picking and Earnings
Estimate Accuracy. Mr. Hood also serves on the Advisory Board of the
U.S. Environmental Protection Agency’s (EPA) Energy Star Building and
Green Lights Programs.
WALTER J. WINNITZKI, an independent computer systems analyst, has
been a senior equity analyst following the computer systems
industry and the major companies in the sector for over 20 years.
He recently left a position at a leading institutional investment
firm and is currently working as an independent analyst while he
evaluates potential new opportunities to affiliate with another
investment firm. He has an extensive background as a computer
analyst on Wall Street covering a wide range of technology
related companies in various industry sectors, including PCs,
enterprise systems, distribution, software and peripherals. He
has been affiliated with a number of major investment firms in
his career, including most recently First Albany, where he was a
Managing Director and Senior Analyst covering the computer
systems and distributions sectors of the IT industry. Prior to
that, he was affiliated with J.P. Morgan, (and its predecessor
Hambrecht & Quist), Paine Webber and Dillon Read & Co. He has
received recognition in various surveys of analysts, including
The Wall Street Journal All-Star Analyst team. He is frequently
quoted in the press and has made numerous guest appearances on
television on such programs as: CNBC, CNN, Money Line, Bloomberg,
CNNfn, and Nightly Business Report. He received a BS from St.
Francis College and an MBA from Pace University. He is a
Chartered Financial Analyst (CFA) and a member of the New York
Society of Security Analysts.
WALTER J. WINNITZKI, an analyst with Nicusa Capital Partners, has been a
research analyst and student of the computer industry and the major
companies in the sector for over 20 years. After spending the early part
of his career as a sellside technology analyst, Mr. Winnitzki has now
moved to the buyside. At Nicusa, a value oriented private equity
partnership, he evaluates investment opportunities in and outside the
computer and information technology market. He has an extensive
background as a computer analyst on Wall Street working at a number of
leading investment banking firms and has collaborated with the leading
IT advisory firm, META Group. His research coverage has included a wide
range of technology-related companies in various industry sectors
including PCs, enterprise systems, distribution, software and
peripherals. Prior to Nicusa, he was affiliated with First Albany, where
he was a Managing Director and Senior Analyst covering the computer
systems and distributions sectors of the IT industry. Prior to that, he
was affiliated with JP Morgan, (and its predecessor Hambrecht & Quist),
Paine Webber and Dillon Read & Co. He has received recognition in
various surveys of analysts, including the Wall Street Journal All-Star
Analyst team. He is frequently quoted in the press and has made numerous
guest appearances on television on such programs as: CNBC, CNN, Money
Line, Bloomberg, CNNfn, and Nightly Business Report. He received a BS
from St. Francis College and an MBA from Pace University. He is a
Chartered Financial Analyst and a member of the New York Society of
Security Analysts.
WALDO T. BEST is a Vice President at Morgan Stanley Dean Witter covering
the steel industry. Prior to joining the firm, he was a Senior Economist
at Dean Witter Reynolds and a Money Market Economist at Barclays De
Zoete Wedd Securities. Before coming to Wall Street, Mr. Best was a
Manufacturing Engineer at Lukens Steel. In addition to earning a BA in
Mechanical Engineering from the Massachusetts Institute of Technology
and an MBA in Finance from the NYU Stern School of Business, he
completed graduate studies in Materials Engineering at Drexel
University. Mr. Best currently serves as President of the New York Steel
Analyst’s Society and as Team Leader for MSDW’s Global Steel Research
team.
W. TIMOTHY WALLACE is a Managing Director and a Senior Research
Analyst covering radio and television broadcasting stocks in the
Media and Entertainment Group at Banc of America Securities LLC,
which he joined in 1999. Previously, he served from 1996 as a
Senior Vice President in the Equity Research Department at Lehman
Brothers and he worked at Lehman Brothers from 1991 to 1994. He
was a broadcast media and entertainment analyst at SG Warburg
from 1994 to 1996. Prior to entering the securities business, he
worked in the film industry for 10 years. In 1998 and 1999 he was
recognized for his stock-picking skills in the broadcasting
category by The Wall Street Journal’s All-Star survey. In the
1999 Wall Street Journal’s All-Star survey he was also recognized
for the accuracy of his earnings estimates. He earned his BA from
New York University’s film school in 1976 and an MBA in Finance
and Marketing from Columbia University in 1991.
