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Biotech / Medical : Elan Corporation, plc (ELN) -- Ignore unavailable to you. Want to Upgrade?


To: Gary Korn who wrote (599)11/5/1999 12:57:00 PM
From: All Mtn Ski  Respond to of 10345
 
Gary,

All you points are what got me into this stock in the first place, and I don't think anything has really changed, except the Street's perception. As we know the Street perception can change in a minute, but this is a brutal move in the face of a rising market and a large drug takeover, even BDX is rallying! The strengthening of the Dollar vs the Euro may be a factor here as well. Is there more bad news on the horizon? I'll hold on to my shares for the moment, but I think this may have farther to fall. If the story is still in place at 20, I'll be tempted to add, but I have been caught in downdrafts before and adding more to a losing position does not ease the pain.

Tom



To: Gary Korn who wrote (599)11/5/1999 6:31:00 PM
From: Paul Senior  Read Replies (2) | Respond to of 10345
 
Gary Korn, nice post. I'm with you ---adding to my position as stock goes to new lows.

Paul Senior



To: Gary Korn who wrote (599)11/6/1999 12:47:00 AM
From: blankmind  Read Replies (1) | Respond to of 10345
 
5. Consolidation into a larger player is not beyond possibility.

right now you would have to rule this out with how the price is moving. but the current stages of development of the new products is promising:

elan.ie

also mgmt would be negligent to sell now since the price of the sale would not match the underlying products and revenues.

of course if someone is thinking of them in there plans for the future, they might now build up a position of just less than 5%.