John Sinkins, CFA Forest Laboratories FRX-N TOP PICK Sep 13, 2004

Had dropped because of concerns about teens using their anti-depressant. A good price.

John Sinkins, CFA

Owned

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$42.510

Stock price when the opinion was issued

biotechnology pharmaceutical

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Buy, stick away and don't look at it for quite awhile. Costs are low on R & D because they tend to buy compounds that have already been researched. Not cheap.

TOP PICK

Stock price has been cut in half since March/04 because of their depression drug which is coming off patent. Creating their own generic drug. Great company. Juggernaut sales force. Has about $4 of cash. Has a product ramp in alzheimers.

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John Sinkins, CFA Forest Laboratories FRX-N TOP PICK Sep 13, 2004

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