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

To: William Partmann who wrote (1024)	7/19/2000 7:53:31 PM
From: Robert T. Quasius	Read Replies (1) \| Respond to of 10345

Bill, Here's another perspective on the libel suit. I am not a lawyer, but have been on the reverse side of a libel dispute. I once felt I was libeled by a yellow rag newspaper in my previous town of residence. I asked an attorney friend what elements are important when considering a libel suit. Whether a person is a private or public figure does have a very significant bearing. As the last poster stated, a public figure has a much tougher standard to meet. If the analyst has ever appeared on TV, been quoted in newspapers or on TV shows, I doubt he would be considered a private person. Another key element is the one claiming they were libeled has to prove monetary damages. I doubt that even if the brokerage can show they were libeled they can show monetary losses. It is really tough to prove both libel and damages, so it is apparent to me, in my honest opinion, the brokerage is just trying to intimidate a group of investors. Good luck! We support you!