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jbog

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jbog

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Re: north40000 post# 4720

Friday, 10/24/2008 12:37:13 AM

Friday, October 24, 2008 12:37:13 AM

Post# of 4764
North,

I really don't see Elan being independent for very long is the credit squeeze continues.

I've fought with many guys on the imclone board that Elan would see $7 while it was trading north of $25. Well reality set set and it's now @ $6.75.

They were trying to sell one of their divisions but they pull that off the market in these conditions.

They do have an debt problem so it wouldn't surprise me if Biogen or even Wythe take a look. If Wythe looks that would be provide a promising view of BAP.

We'll see.
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