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

To: Gary Korn who wrote (604)	11/5/1999 1:59:00 PM
From: William Partmann	Read Replies (1) \| Respond to of 10345

In some ways this day may be healthy but panic sells are always uncomfortable. Panic selling on large volume usually means the bottom has been struck. This is not to say that ELN will bounce back any time soon. As I said earlier, until a new drug is OK'd the public will ignore it. I'm in for the long haul but I'm not immune to the pain. The points Gary made are all valid. This is a good company but a bad stock. In six months we will probably laugh at today. Those who bought will be crowing about the stock picking prowess. Those who sell hopefully will not look back or tell us we were idiots for holding. Time will tell. Bill