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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: hotlinktuna who wrote (9137)7/2/2002 10:54:13 AM
From: Dave Gore  Read Replies (1) | Respond to of 16631
 
Tuna, I hope you got out of ELN, down to $2.50! You didn't fall asleep I hope. Pretty dangerous as I warned yesterday.

Shares of Elan Corporation (ELN: news, chart, profile) dropped 11 percent after the Irish-based drugmaker warned that losses in its financial investments would lead to "significant" impairment charges in the second quarter. Restructuring charges and asset write-downs could also lead to further charges, it said. The company did not say how big the charges would be.