In puritanical discussion you may be right HOWEVER

TSRW, TSW and NEWPAPER investigative reporting was ALL based on leaks..
AN-1792 BAP II

So much so that they drove the price of Elan thru the rough not once but twice on the AD therapies...

Leaks are out there TODAY..Just go around the nearest clinic in your area..

Mngt. wants no part of the leaks. Eternally they are fighting to keep it quiet.

Second and third hand is where the trouble begins.

The biggest problem with "leaks" Which ones are real???? The "street" plants leaks.That is not fiction..The unnamed source. I heard it from the mouth.

Go to a Beauty Salon frequented by Business Executives wives...Leaks??
It's like they all have bladder infections..


Your last point...

You don't invest $400-$500M expecting to lose...Yes PIII trials fail in a majority of cases..

But how many have been thru as many scrutinized scientifically based approaches as BAP has...How many hands? This started out in ATHENA, went thru Wyeth, now PFE and finally JNJ....This isn't a fly by night run of the mill
bio looking for funding to get to another level..
If you are hesistant at all to be an "investor" you can be very conservative and still score on this stock.

WITH APPROVAL the aftermarket is going to soar for Elan.. SELL NOW.

S88t or get off the pot..

Todays caveat--YOU HAVE ALREADY 'bagged' T Y S A B R I so your risk has been minimized..You have already paid your way into the final table and you can't lose anymore.

Sit back and enjoy the ride and quick looking in the rear view mirror

Aunt Jean