General Investing >> Analyst Interviews >> September 17, 2004

INVESTING IN SMALL-CAP GROWTH STOCKS: ROBERT MITCHELL – CONESTOGA CAPITAL ADVISORS

ROBERT M. MITCHELL is a co-Founder and Managing Partner of Conestoga Capital Advisors. His focus is on small capitalization companies. Mr. Mitchell is responsible for directing the firm's equity portfolio management process and employing the firm's fundamental research approach to selecting securities. He also oversees the firm's operations, systems and technology. Prior to forming Conestoga Capital Advisors, Mr. Mitchell was a Portfolio Manager/Analyst and the Director of Equity Research at Martindale Andres & Company. His portfolio management and research expertise was focused on small and mid- capitalization companies. While at Martindale Andres & Co., he was responsible for $100 million of individual and institutional small cap and multi-cap accounts. Prior to his employment at Martindale Andres & Co., he worked with the U.S. Department of Justice Antitrust Division, where he analyzed the economic and financial aspects of various industries for evidence of antitrust violations. Mr. Mitchell has provided investment commentary to a broad range of investment publications including The Wall Street Journal, Bloomberg News and The Philadelphia Inquirer. He received an MBA in 1995 from Indiana University's Kelley School of Business and a BA in 1991 from the University of Notre Dame. Profile
TWST: Would you begin with a quick overview of Conestoga Capital

Advisors?

Mr. Mitchell: We are a small cap investment management firm based

outside of Philadelphia in the suburb of Radnor,