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Biotech / Medical : Elan Corporation, plc (ELN)

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To: Qualified Opinion who wrote (2393)6/25/2002 10:50:11 AM
From: arnie h  Read Replies (1) of 10345
 
<I read on another board that the .78 per share was his estimated earnings on product sales only.>
That is the case and he specifically used the word 'solid' before the .78.
Indeed, I was surprised by the negative tone of the analysis and the reaction to it as it seemed to me any new 'purchased' earnings have been dead in the water for some time now. It's not clear why commentary about that would have a negative effect at this point.

<I don't expect any substantial findings by the SEC>
Were it not for political aspects, it seems this is the most likely outcome. But there is the need to punish whomever they can. Lord knows how this will turn out?
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