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February 17, 2005 Stock Pick: Align Technology, Inc. (ALGN)

Stock Price: $8.31

Align Technology, Inc. designs, manufactures and markets Invisalign, a proprietary method for treating malocclusion, or the misalignment of teeth. Invisalign corrects malocclusion using a series of clear, nearly invisible, removable appliances that gently move teeth to a desired final position.

An insider recently purchased 175,000 shares at $7.69 worth $1,345,750. Insiders now hold over 50% of the shares outstanding creating a float of only 26.7 million. Over 20% of the float is being shorted.

We believe ALGN has bottomed and with their great technology will start trending higher again.

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