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To: Victor Lazlo who wrote (143641)7/9/2002 10:10:52 AM
From: H James Morris  Respond to of 164684
 
BTC Eln at 2.35. Call it the luck of the Irish.
<<The two most senior members of the management team at the Irish drugs company Elan have resigned.
Donal Geaney has resigned as chairman and chief executive and Thomas Lynch has resigned as deputy chairman.

Their resignations came just hours before the two had been due to meet with investors to discuss Elan's finances, including its $4.5bn debts.

"Really, it's the first step the company needed to take to regain credibility in the market," said one analyst.

Accounting concerns