Gruntal & Co. Chairman of Investment Policy to Provide Investment Outlook


NEW YORK, June 5, 2000 (PRIMEZONE)--


     When:     Tuesday, June 13, 2000, 6:15 p.m.
     
     Where:    Omni New Haven Hotel
               155 Temple Street
               New Haven, CT

Gruntal & Co. today announced that Joseph V. Battipaglia, internationally known by the financial community and individual investors for his "bullish" market commentary, will share his current market predictions with reporters and investors as part of the company's continuing regional "Investment Seminar Series." Individuals may attend the symposium free of charge. Mr. Battipaglia will focus on investment opportunities and how individual investors can in employment and economic growth. A question-and-answer session will follow the presentation.

Mr. Battipaglia has held senior positions at Gruntal for 16 years,and his investment insight is regularly spotlighted on radio and television. His special guest appearances include CNN's "Larry King Live," PBS's "The Nightly Business Report," NBC's "Today Show" and "Meet the Press," and numerous financial programs on CNBC.

Those interested in attending the event should call the reservation hotline at (800) 260-9373 or register online by visiting Gruntal's website, www.gruntal.com. Reservations are recommended, as seating is limited. For additional information please contact Gruntal's New Haven office at (800) 223-8119 or visit the office located at 59 Elm Street, New Haven, CT 06510. Members of the media who wish to attend should contact Claudia Moscarella, Morgen-Walke Associates, (212) 850-5630.

Gruntal & Co., L.L.C., a wholly owned subsidiary of Gruntal Financial L.L.C., is a national securities brokerage firm established in 1880. The firm offers a full line of investment products and services to individual and institutional clients. Gruntal Financial L.L.C., with nearly $20 billion in client assets, employs over 1,400 people in offices across the United States.



            

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