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DewDiligence

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DewDiligence

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Re: rstor1 post# 10401

Thursday, 04/28/2005 8:59:33 AM

Thursday, April 28, 2005 8:59:33 AM

Post# of 257272
>>The costs of the US pIII will increase the burn (though it's a very small trial) and the Elan revenues will drop<<

The 27.8/4.5 calculation is based on the company’s own burn projection for the next three quarters, which includes expenses for the U.S. trial and excludes revenues from ELN. Hence, I do not understand your disagreement.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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