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Article: Hall's new investment: producer talent. (Frank B. Hall and Company Inc.) (Brokers Report)
- Article from:
- National Underwriter Property & Casualty-Risk & Benefits Management
- Article date:
- May 29, 1989
- Author:
CopyrightCOPYRIGHT 1989 The National Underwriter Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Hall's New Investment: Producer Talent
NEW YORK CITY--The "trap" the stock analysts have fallen into with their dismal appraisals of Frank B. Hall's performance potential is in comparing FBH to "a going business" rather than a company that is going through a vast overhaul, says company president, Peter T. Pruitt, speaking of changes that represent the "rebuilding" of Hall.
The analysts' mistake is similar to someone trying to compare "the body of a well-conditioned, functioning athlete with someone that's in advanced training," said Mr. Pruitt, who was perhaps recalling a recent FBH ad campaign featuring former boxing champion Sugar Ray Leonard.
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