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Biotech / Medical : Elan Corporation, plc (ELN)
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To: Harold Engstrom who wrote (10251)2/23/2010 11:54:55 AM
From: Arthur Radley  Read Replies (2) of 10345
 
Nothing against the good Irish people, but they seem to promote executives to run their domiciled companies by the amount of beer they can consume, sitting in a pub. My former company was an international leader, taken over by an Irish 'hot shot' that within a year destroyed the company and just stiffed their bondholders to the tune of about $4B in what is now worthless holdings. His whole ploy was to skim off the top of any and all revenue........ sacking employees right and left.

As you state.....ELAN has some wonderful researchers........but decision making by the executives have placed a millstone around their neck.

I will wait........and hope!
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