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Stocks A / Amarin Corporation PLC ADS


Subject:  What an I missing here? Date:  12/13/2001  11:03 AM
Author:  mccallj Number:  9 of 21

Is it just me, or is this stock screaming to be bought? Revenues tripled over the year, they are currently trading at 12 times earnings this year and are set to trade at 9 times earnings next year. Boy, it just doesn't get much better than that.

So what am I missing? Why has this stock been getting creamed? Is it solely because of Merk? If that's the case, than I'm going whole hog on this sucker. Merk's problems are Merk's alone, and they do not reflect those of the drug sector. Merk has no pipeline and its patent for Vioxx is set for expiration soon.

Can someone please shed some light on why AMRN is down nearly 50% in the last 10 days?
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