Press Releases
THE NOBLE FINANCIAL GROUP'S DIRECTOR OF RESEARCH
PICKS "TOP PERFORMER" IN WALL STREET JOURNAL STOCK PICKERS'
CONTEST
Contact: Mark Hopkinson 561/ 750-9800 x14
Email: mhopkinson@TransMediagroup.com
FOR IMMEDIATE RELEASE:
BOCA RATON, FLORIDA. FEB. 18, 2000 - The Wall Street
Journal has reported that Peter van Hengel, The Noble Financial
Group's, Director of Research, has picked the "top performer"
in a long-running contest of the best stock picks of professional
investment managers versus stocks selected randomly by Wall
Street Journal editors.
It's called Experts Versus The Darts, a recurring
six-monthly contest in which Wall Street Journal Editors throw
darts randomly at the stock pages of the Journal, pitting
the stocks chosen randomly in this way against the considered
choices of professional money managers.
While the overall group of experts lost against the darts,
van Hengel's choice of Nokia, the cellular telephone maker,
gained 132.2 % in the period, outpacing the dartboard portfolio,
the choices of each of his peers as well as the stock picks
of four Wall Street Journal readers who had been selected
by the Journal.
Based on the stellar returns of his stock pick, The Wall
Street Journal has invited Van Hengel back for another round
of competition against the darts in a new six-month competition
ending July 31, which will again pit the pros against darts
and readers of the national paper.
Commenting on the results, Nico P. Pronk, President of The
Noble Financial Group said, "We are delighted as this is yet
another fine example of the quality of our investment research."
Peter van Hengel is The Noble Financial Group's highly regarded
Director of Research. A widely respected expert in macroeconomics,
van Hengel has a unique understanding of how to convert financial
news and developments into positive opportunities for investors.
Prior to concentrating on international and US stocks, he
worked in Amsterdam and London, specializing in futures and
currencies.
The Noble Financial Group and its affiliate companies provide
full-service retail brokerage, investment banking and corporate
finance services as well as private investment management
to high net worth clientele. A respected in-house research
department supports the units. It is currently undertaking
an ambitious plan to further expand its reach by bringing
more independent brokerages under its umbrella. For more information
about The Noble Financial Group on the Internet, visit www.noblefinancialgroup.com.
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