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: Robohogs who wrote (1675)2/13/2002 7:07:32 PM
From: aknahow  Read Replies (1) of 10345
 
A drop of one notch is a lot. The warning that the rating could go lower is not good. I am not going to continue to post more about the rating process. Background includes getting highest commercial paper rating available for a financial institution from the top three rating agencies. when this was cut from A+ to A, we considered it major. For years Moody's was my least favored agency but that changed when new people were assigned to us.

*the letter codes used by the the 3 vary. Just indicating that a + or - is a big deal and one full letter is major. The direction of the move is what makes it a big deal. It is almost better to never have had the higher rating than to project that there has been a change in a negative direction. Speaking in general and not about ELN.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News