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Biotech / Medical : Elan Corporation, plc (ELN)

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To: Gary Korn who wrote (599)11/5/1999 12:57:00 PM
From: All Mtn Ski   of 10345
 
Gary,

All you points are what got me into this stock in the first place, and I don't think anything has really changed, except the Street's perception. As we know the Street perception can change in a minute, but this is a brutal move in the face of a rising market and a large drug takeover, even BDX is rallying! The strengthening of the Dollar vs the Euro may be a factor here as well. Is there more bad news on the horizon? I'll hold on to my shares for the moment, but I think this may have farther to fall. If the story is still in place at 20, I'll be tempted to add, but I have been caught in downdrafts before and adding more to a losing position does not ease the pain.

Tom
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