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Biotech / Medical : Elan Corporation, plc (ELN)

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To: Gary Korn who wrote (729)11/26/1999 11:22:00 AM
From: Gary Korn  Read Replies (2) of 10345
 
Another YHOO post:

I also Saw CNBC MENTION on Squawk Box
by: XMystic1 (28/M/Staten Island, N.Y.) 11/26/1999 11:12 am EST
Msg: 4197 of 4197

VERY VERY VERY POSITIVE!!!!!!!!!
Discussed the resurgence of Pharmeceuticals for year 2000, namely Merck and ELAN. Discussed growth of generic prescriptions and tremendous growth forecasted for ELAN. Also discussed recent consolidations in pharmecuticals <wink-nudge>.

Also discussed vast insider buying lately.

I consider myself quite the fortunate one to catch this puppy at 25. Considering the low PE, increased insider buying, huge pipeline,and tremendous possibilities this stock is going back to 40 by mid 2000.

I will tell you the truth. At a PE of 4, I really dont see much downside risk. Tell me if I am missing something, but this seems like a no-brainer.

XMystic
Long ELN
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