Peter HodsonForbes Medi-Tech IncFMTIDON'T BUYJul 29, 2003

Had quite a base being formed over the last year or so. If you are a speculator, use a low from the past few weeks as a stop/loss. If you are a long-term investor, you can have your stop at a lower level.

Biotechs are extremely market sensitive. Have to own a basket of them as they can be volatile. Formed a base in the 02/03's and had a rally in 04. Formed a higher low now so could be some more upside.

Good management. Have some good projects and is a very interesting company.

Their plan was to have good results on their cholesterol drug and then raise $50 million. Results weren't that good and the stock dropped drastically.