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Biotech / Medical : Elan Corporation, plc (ELN)

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To: William Partmann who wrote (1311)11/11/2001 1:36:31 PM
From: arnie h   of 10345
 
Bill et al:
Since, I'm a long term investor, my main concern with biotech companies is their technology. Through personal inspection and discussions, I satisfied myself that ELN scientists know what they're doing. They've got 1st rate science along with a strong pipeline of promising projects.
With regard to 'weak' revenues; the same can no doubt be said for just about every company in the universe. It is one of the characteristics of the current stock market - mutual fund/analyst dominated climate. Today's analysts and many mutual fund managers have little patience and great difficulty in looking beyond the next Q, especially when it comes to high tech of any sort. Then they all pile on quickly if a company comes through with a winner.

I'm delighted with Friday's approval as ELN continues to show they can develop their science and collaborations into commercial products.

Good luck and thanks for keeping this board going.
Arnie
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