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To: MulhollandDrive who wrote (140510)	1/24/2007 6:54:31 PM
From: Patrick Slevin	Respond to of 209892

Yes, I know. I was interested because it's a good hedge in a down market. People will do without a lot of things but not alcohol or tobacco. (Note, see Altria another stock he had, although I did not care about that one as much as DEO).

To: MulhollandDrive who wrote (140510)	1/26/2007 6:49:10 PM
From: Galirayo	Respond to of 209892

[BTK] We'll I hope you were watching tonite. He just said the reason we never hear about a Biotech Rally is because Biotech never has a Sector move .. just Individual Stock Moves in Biotech. It's all FDA Approval Driven. LOL !!! It's all about FDA Approval .. Not a Sector Move. I'll need to see a Chart ... Yep He's Correct ... No Sector Move here. Seems like a Clean 5 Waver with a Double Top to me. stockcharts.com To be Frank .. I think Biotech assumed the Market Leader Position in Tech several Years ago .. and is Still Driving the Pace Car. Frank