Rat dog micro-cap picks--now moderated Message Board

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Microcap & Penny Stocks : Rat dog micro-cap picks--now moderated

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To: Threshold who wrote (693)	4/22/2004 6:28:19 PM
From: John F. Poteraske	of 1338

ElanZ Warrants-So 7.83 warrants equal 1 share(ADS). Current Stock Price $23.15 Current Warrant Price $1.15 expires 8-31-2005 exercise price $26.72 26.72 + 8.97 =$35.69 biz.yahoo.com DUBLIN, Ireland--(BUSINESS WIRE)--March 8, 2004--Responding to a number of recent inquiries from the investment community, Elan Corporation, plc today reiterated the terms of its Series Z warrants. As reported in Elan's Annual Report on Form 20-F for the fiscal year ended December 31, 2002, each Series Z warrant is exercisable into 0.127585 of an Elan American Depositary Share (ADS). Each ADS represents one Elan Ordinary Share, at an exercise price of $26.72 per ADS, subject to certain anti-dilution adjustments. The Series Z warrants expire at 5:00 p.m. Eastern Time on August 31, 2005.

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