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Biotech / Medical : Elan Corporation, plc (ELN)
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To: Qualified Opinion who wrote (3472)10/31/2002 4:34:24 PM
From: Robohogs  Read Replies (1) of 10345
 
That would be the valuation put on it by the earlier posts. I was giving a worst case (as bankruptcy is not an option if company insiders want any equity value at all - equity almost always wiped out in bankruptcy which is why worst case is likely handover of 70-80% of the company to the LYONs holders).

Jon
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