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Biotech / Medical : Biotech & Pharma.T.A,

BIB 85.24

+0.5%

Feb 4 4:00 PM EST

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To: blackmerlin who wrote (572)	4/27/2004 3:00:35 PM
From: Jibacoa	Read Replies (1) of 3722

The BTK is making a 52 wks. H. LAKE has continued its strong UPTREND albeit it is finding some resistance above the 27 level.<g>The stock started its run after C. Ryan took over as President last November. LAKE is not a Biotech, since it makes disposable protective clothing; gloves and arm guards; fire fighting apparel; heat-protective aluminized fire suits; protective woven reusable garments, and high-end chemical protective suits. It is expanding its facilities in China, the insiders hold more than 30% of the shares and the float is only around 2.2M The PE is around 26 and the P/S around 0.9. On the chart it looks overbought with the support at the 22 to 23 level. bigcharts.marketwatch.com I am still watching to see if the DOW can close above the 10,700 and the NAZ above 2,140. Also watching the Money Supply.<g> I was satisfied with profits in the last year and decided to increase my cash position and enjoy the Florida retired life a little more.<g> bigcharts.marketwatch.com bigcharts.marketwatch.com bigcharts.marketwatch.com Bernard

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