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Biotech / Medical : Elan Corporation, plc (ELN)
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To: Qualified Opinion who wrote (1652)2/13/2002 6:15:28 PM
From: aknahow  Read Replies (1) of 10345
 
About 40 percent of the investments in the qualified special purpose entities are non marketable securities. What they are worth is not determinable. This is not an Enron situation because even in the worst case they are worth something. Without knowing how ELN valued the securities one can't judge if this is accurate.
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