Elan Corporation, plc (ELN) Message Board

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Biotech / Medical : Elan Corporation, plc (ELN)

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To: Gary Korn who wrote (673)	11/16/1999 9:19:00 PM
From: Peter Goss	Read Replies (1) of 10345

Gary - This is a great thread- excellent info, good give and take. People were talking about TA on ELN a few posts back, and I thought today was a good indication that we are getting close to a reversal. Huge volume with little or no price degradation is usually an excellent sign. Plus, the price is exploring but not breaking that big down spike from a few days ago. Wouldn't totally hang my hat on the chart, but the fundamentals seem excellent too, unless there is a big skeleton hiding somewhere. Hard not to buy in given the P/Es of the other druggies. good investing, Peter

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