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Strategies & Market Trends : Value Investing

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To: Bob Rudd who wrote (13817)	1/30/2002 1:47:55 PM
From: Paul Senior	Read Replies (1) of 78751

Bob Rudd: Looks like your timing on ELN is going to work out okay, if today's bottom holds. I'll guess that ELN might at some point trade on its potential drug breakthroughs or potential blockbusters - just as many other pharma development companies do. Whether there are actual and large earnings sometimes don't matter. (But today they certainly do!!). I bought ELN in '99 at the last earnings brouhaha and have held. Some of those buys are still profitable (oops - only marginally as of today). I bet the company will recover and the stock will retrace. Adding a little more at 25+ today.

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