Edward Owens Buys Walgreen Co., UCBH Holdings Inc., OSI Pharmaceuticals Inc., Sells Ventana Medical Systems Inc.

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Aug 02, 2007
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Want to buy healthcare stocks? you must see what Edward Owens is buying. Edward Owens is one of the best, if not the best, health care investors. Over the past 23 years he has achieved an annual return of 18.80%. These are the details of the buys and sells during the second quarter.


Edward Owens adds to Walgreen Co., UCBH Holdings Inc., OSI Pharmaceuticals Inc., Sells Ventana Medical Systems Inc. during the 3-months ended 06/30/2007, according to the most recent filings of his investment company, Vanguard Health Care Fund. Edward Owens owns 79 stocks with a total value of $24.9 billion. These are the details of the buys and sells.


Added Positions: FMS, MLNM, OSIP, UCBH, WAG,


Sold Out: VMSI,







Added: Walgreen Co. (WAG, Financial)


Edward Owens added to his holdings in Drug Retailers company Walgreen Co. by 39.17%. His purchase prices were between $43.53 and $46.16, with an estimated average price of $45. The impact to his portfolio due to this purchase was 0.41%. His holdings were 8,350,000 shares as of 06/30/2007.


Walgreen Co. operates a chain of drugstores in the United States. These drugstores sell prescription and non-prescription drugs, and general merchandise. Walgreen Co. has a market cap of $44.53 billion, its shares were traded at around $44.73 with with P/E ratio of 22.01 and P/S ratio of 0.85.


Added: OSI Pharmaceuticals Inc. (OSIP, Financial)


Edward Owens added to his holdings in Biotechnology company OSI Pharmaceuticals Inc. by 147.77%. His purchase prices were between $34.36 and $37.45, with an estimated average price of $36.2. The impact to his portfolio due to this purchase was 0.3%. His holdings were 3,480,000 shares as of 06/30/2007.


OSI Pharmaceuticals, Inc., a biotechnology company, engages in the discovery, development, and commercialization of pharmaceutical products for the treatment of oncology, diabetes, and obesity in the United States. OSI Pharmaceuticals Inc. has a market cap of $1.81 billion, its shares were traded at around $31.86 with with P/S ratio of 4.66.


Added: Millennium Pharmaceuticals Inc (MLNM, Financial)


Edward Owens added to his holdings in Biotechnology company Millennium Pharmaceuticals Inc by 48.42%. His purchase prices were between $10.16 and $11.99, with an estimated average price of $11. The impact to his portfolio due to this purchase was 0.16%. His holdings were 11,341,300 shares as of 06/30/2007.


Millennium Pharmaceuticals, Inc. engages in the discovery, development, and commercialization of medicines for cancer and inflammatory diseases. It markets VELCADE (bortezomib) for injection in the relapsed multiple myelomaetc. Millennium Pharmaceuticals Inc has a market cap of $3.31 billion, its shares were traded at around $10.21 with with P/S ratio of 7.00.


Added: Ucbh Holdings Inc. (UCBH, Financial)


Edward Owens added to his holdings in Banks company Ucbh Holdings Inc. by 23.55%. His purchase prices were between $17.98 and $18.81, with an estimated average price of $18.4. The impact to his portfolio due to this purchase was 0.12%. His holdings were 2,623,593 shares as of 06/30/2007.


UCBH Holdings, Inc. operates as the holding company for United Commercial Bank, which provides personal and commercial banking services to small-and medium-sized businesses, business executives, professionals, and other individuals. UCBH Holdings Inc. has a market cap of $1.71 billion, its shares were traded at around $16.33 with with P/E ratio of 15.50 and P/S ratio of 5.22.


Added: Fresenius Medical Care Corp. (FMS, Financial)


Edward Owens added to his holdings in Health Care Providers company Fresenius Medical Care Corp. by 200%. His purchase prices were between $45.37 and $50.31, with an estimated average price of $48.6. The impact to his portfolio due to this purchase was 0.08%. His holdings were 661,950 shares as of 06/30/2007.


Fresenius Medical Care AG & Co. KGaA operates as a kidney dialysis company. The company provides dialysis treatment at its own dialysis clinics, as well as produces and supplies a range of machines and disposables for hemodialysis, peritoneal etc. Fresenius Medical Care Corp. shares were traded at around $47.56.


Sold Out: Ventana Medical Systems Inc. (VMSI, Financial)


Edward Owens sold out his holdings in Medical Equipment company Ventana Medical Systems Inc.. His sale prices were between $43.1 and $76.4, with an estimated average price of $51.5. The impact to his portfolio due to this sale was less than 0.01%.


Ventana Medical Systems, Inc., together with its subsidiaries, engages in the development, manufacture, and marketing of instrument-reagent systems that automate slide staining in anatomical pathology and drug discovery laboratories. Ventana Medical Systems Inc. has a market cap of $2.86 billion, its shares were traded at around $83.38 with with P/E ratio of 68.42 and P/S ratio of 10.86.