Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bosco who wrote (642)	11/8/1999 5:12:00 PM
From: Return to Sender	Read Replies (1) \| Respond to of 10345

Bosco as a rule I prefer to have a great deal of fundamental knowledge on any stock I own. I have followed ELN for years. At one time I was on the mailing list of probably one half of the biotechs in existence. That being said no amount of fundamental knowledge can outweigh short term technical situations. The rubber band on that lower bollinger band gave up a bounce back higher, it did not break. I would have liked to have seen quite a bit more volume today to confirm my hopes for a relatively quick rebound but my hopes are certainly very much intact. I asked this question once before but I will ask it again; Are any of the longs here aware of a time that management has not made good on their word? If not, then looking back over past earnings reports ELN will probably hit their numbers on the nose again this quarter. In the meantime the opportunity for good news to affect the stock price seems much higher than ever before to me. The weak hands got shook loose pretty thoroughly on Friday. Investors are advised to do their own due diligence. Anything that I may state, in any post, is merely an opinion based on prior experiences and future expectations. I may have a long position in this stock and as such I am biased by my own expectations. I invest to make money. As always, I am looking for a big return to Sender