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Strategies & Market Trends : Value Investing

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To: Bob Rudd who wrote (13817)1/30/2002 1:32:56 PM
From: 249443  Read Replies (2) of 78773
 
re: Elan

Today's WSJ article is simply devasting and disturbing. If Elan isn't a fraud, then it's knocking on the door. The WSJ article, simply put, indicated that Elan does everything possible to generate phony earnings.

Tyco does the same thing (Herb G. has been writing articles about ELan & Tyco for months now), but at least there is some value -- albeit no growth. Herb -- realmoney.com -- has been preaching about the cooked books at these two companies for a very long time.
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