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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Jibacoa who wrote (9265)	8/1/2001 3:52:32 PM
From: Jibacoa	of 13094

SHLO: They announced last week their new "laser-welding.": VALLEY CITY, Ohio, July 26 /PRNewswire/ -- Shiloh Industries has developed the most advanced laser engineered-welded blanking operation in the automotive industry to produce body side frames for General Motors' new generation of midsize sport utility vehicles, the 2002 Chevrolet TrailBlazer/GMC Envoy/ Oldsmobile Bravada. The new operation in Valley City, Ohio is also believed to be the world's largest laser-welding production system. It sells at 0.45 of book and 0.12 of sales. Its price was somewhat affected by LTV filling for chapter 11. The insiders hold 77% and institutions 35% (134% of float) The automotive market is still on the dumps, but SHLO stock is doing well today.<g> (Going over its resistance at 6 ) siliconinvestor.com siliconinvestor.com Bernard

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