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


To: RMP who wrote (692)11/18/1999 4:51:00 PM
From: lazarre  Respond to of 10345
 
Thanks, RMP.

I've played INUT warrants twice before with good results. They were both much lower than the stock price. Both I sold prior to expiration. Yes, they do/can trade like stocks.

I looked at the Yahoo chart. Wow, she traded at one time in the 50's.

At first blush this looks like a very good play. It certainly deserves more investigation.I own the common. I'm figuring to use some INUT proceeds to broaden out more. Tempted by PFE at these levels.

Does anyone remember the early 80's? No? Anyway, Bendix Corp went out to buy, I think it was Martin Marietta during that time. Lotta hoopla, lotta drama--CEO egos, the whole deal. It was all hostile. All of a sudden a white knight, forget who it was but the whole thing turned upside down on Bendix and before the CEO knew it, him and his company were bought.

L