Michael SmedleyLaidlaw International IncLITOP PICKNov 17, 2003

(A past top pick Dec 2/03. Up 5%.) Has come out of its restructuring as a solid company and the number one in school buses.

A restructuring story. The number one school bus operation in North America. Expect it will sell off some of its minor divisions.

Think they have got rid of all the crappy assets. Took a long time coming out of bankruptcy. A much stronger company now.