SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Elan Corporation, plc (ELN)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Qualified Opinion who wrote (1667)2/13/2002 5:50:38 PM
From: Robohogs  Read Replies (1) of 10345
 
If one ignores capex and also ignores any costs to handle SPEs and cost to buy revenue, I don't disagree. Typically, market would look at first item and not later, which probably would put ELN at $400 MM (vs. $500 MM). IMHO

I was just trying to point this downgrade out from the agencies' point of view. The cash-generating ability of this company is less than it was before. Full stop. No one can argue this. But, and this is important, this is no Enron.

Jon
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext