Elan Corporation, plc (ELN) Message Board

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Biotech / Medical : Elan Corporation, plc (ELN)

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To: Return to Sender who wrote (608)	11/5/1999 5:16:00 PM
From: Gary Korn	Read Replies (2) of 10345

Return, I agree with you completely: The stock is way oversold given its prospects (unless there is some unknown news out there). I'm used to that though, and have learned to accumulate through it. Therefore, I was actually surprised to see the company press release affirming the high end of earnings estimates for FY99 and FY00. Cool. I'm not good at T/A. Instead, my focus is on fundamental analysis. This stock has a compelling story (drugs in the pipeline, biotech prospects, revenue growth, takeover possibilities, flattened p.e. relative to industry), so I'm in. Gary Korn

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