	alabama investor ups penobscot shoe pso stake donaldson bramham lee an investor from birmingham alabama said he raised his stake in penobscot shoe co to shares or pct of the total outstanding common stock from shares or pct in a filing with the securities and exchange commission lee said he bought penobscot common shares between feb and march at prices ranging from to dlrs a share lee has said he bought the penobscot stock for investment purposes only and has no plans to seek control of the company although he may buy more stock reuter 
