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Elan Corporation, plc Message Board

  • acricketeer acricketeer Aug 21, 2003 11:08 AM Flag

    The Real Interest Payment is Imputed

    They have to give the bondholders a chance to make some real money by buying stock at cheap prices and creating a strong perception of uncertainty. What better way than paying $2.1 million a week in protection money for virtually nothing. This whole delayed filing scenario is far too bizarre for me to believe that what you see is what you get. The stock is down today because everyone in the know knows that we will be paying out money week to week, only that tomorrow's payment will be 2.3 instead of 2.1

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