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Biotech / Medical : HITK Hi-Tech Pharmacal Co., Inc

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To: vestor who started this subject8/8/2000 4:13:08 PM
From: vestor   of 8
 
Tuesday, August 08, 2000

HITK engages investment bank
--12:33 pm - By Tomi Kilgore
Hi-Tech Parmacal (HITK: news, msgs) said it has retained an investment bank, The Nassau Group, to provide it with strategic and financial advisory services. "Together with Nassau, we will evaluate HITK's strategic options in order to enhance our visibility with the investment community and ultimately increase shareholder value," said David Seltzer, the specialty pharmaceuticals manufacturer's chief executive. The stock is trading up 3/16 at 4 1/4. The 52-week range for the shares has been 8 11/16-3 9/16.
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