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by Freddie Mooche - Senior Financial ColumnistFast-food and meat packing stocks all fell Tuesday, dragging the DJI down with them. But two biomed stocks soared as a result of Mad-Cow disease panicing U.S. markets.

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Sales fell as U.S. retailers tightened inventories, expected returns and more promotions, said the company. Looking ahead, Elizabeth Arden said it expects "continued weakness in the U.S. market." "I'd be astounded if the stock doesn't see $20 tomorrow, " he said, hours share rise to unsophisticated traders. hours trading, the stock rose 82 cents on Inet to $22.98. It closed at $22.16 on Nasdaq earlier.

Broker Day Online Trading December 24, 2003 (AXcess News) New York - Fast-food stocks dropped on news of Mad-Cow disease confirmation at a Washington state slaughter house.

Point fell 31 cents, or 11.27 percent, to close at $2.44 on the Nasdaq Stock Market. Over the past 52 weeks, the stock has traded from $2.38 to $8. Point recently agreed to acquire Tops' assets, including intellectual property and the company's customer base. The company expects to complete the acquisition by the end of May. Meanwhile, based California Probation Department for use in its Orange County Juvenile Hall.

Day Strategy Trading McDonald's (NYSE: MCD) closed down $1.32 at $23.96, Wendy's (NYSE: WEN) was off $1.87 at $37.79 and Outback Steakhouse (NYSE: OSI) fell $2.23 or 5% to close at $42.40 while the Dow Jones Industrials (DJI) was off 36.07 to end the session at 10,305.19.

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Day System Trading The Dow had posted gains in the prior six sessions. Of the Dow's 30 components, 23 suffered losses Wednesday caused by shareholder panic over further declines due to the Mad-Cow disease spreading throughout the U.S. beef industry.

British Telecom (BT) has taken the decision to close down one of its historic satellite stations in Cornwall.

Day Signal Trading Beef futures trading effectively stopped on the Chicago Mercantile Exchange because no one was buying, while industry and government officials braced for the economic fallout as other countries suspended beef imports from the United States.

Day Rule Trading With daily limits on how far prices can drop, commodities traders believe it will be a week before there is demand for beef futures contracts. Japan was first to halt imports of U.S. beef with world markets quickly following suit.

Day Tip Trading Beef packers, Tyson and ConAgra were off for the day with Tyson (NYSE: TSN) down $1.08 at $12.90 and ConAgra (NYSE: CAG) down slightly at $0.27 at $26.13. Only Hormel (NYSE: HRL) escaped the exchange's slaughter, trading up $0.15, or 0.6%, to end the session at $26.46. Hormel escaped the sell-off due to its meat packing business being pork, not beef.

Day Firm Trading Mad cow disease, known also as bovine spongiform encephalopathy, eats holes in the brains of cattle. A human illness, Creutzfeldt-Jakob disease, is related to mad cow disease, and doctors believe humans contract it from eating meat containing infected tissue.U.S. Agriculture Secretary Ann Veneman said parts of the animal, which was from a farm near Yakima, Washington, went to three processing plants in the state, but she added that there was little danger to the food supply because muscle cuts of meat "have almost no risk."Agriculture and meat industry officials say potentially diseased parts of the animal - namely the brain and spinal tissue - are removed before they enter the human food supply.

Book Day Trading While fast-food stocks plunged, some stocks climbed. Bio-Rad Laboratories (AMEX: BIO) and Vi Technologies (NASDAQ: VITX) soared on the report, on hopes the two companies' diagnostic tests for bovine spongiform encephalopathy, or BSE, would benefit from a sales boost as farmers and regulatory authorities rush to test livestock for the disease.

Day Market Stock Trading Bio-Rad shares shot up over 20% to close at $59.82, a gain of $10.04 on heavy volume of 2,620,200 shares, twenty times the reported average volume of 102,090 shares.

Day Search Trading Vi Technologies shares were up 45% to close at $1.22, a gain of $0.38 also showing heavier than normal volume of 18,082,496 shares, over thirteen times the reported average volume of 1,363,363 shares.

Course Day Trading Vi Technologies had recently announced the completion of a $4 million dollar private placement on December 16th. The Offering was originally announced December 5th having sold $3.4 million in common stock to institutional investors for $0.90 a share when two more players stepped up to the table to pick up an additional $600,000 of that Offering.

Day Emini System Trading With the recent Mad-Cow panic in the market, today's tremendous increase in VITX shares may still leave room for more speculative buying into next week. Pork is likely to have an upsurge in demand and along with it, Hormel should fair well in the short term. AXcess News added VITX and HRL to its 'best picks' column at the close of trading. While McDonald's, which is trading near its 52-week high is subject to further selling because it is the largest consumer of beef amongst all fast-food reastarurants in the world, AXcess News added MCD to its 'worst picks' column.

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