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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: Charles Holewinski who wrote (289)7/25/1997 1:49:00 AM
From: luis a. garcia   of 1115
 
Thanks for the Post Charlie. I think Lidakol from the ingredients can be an over the counter drug and a global drug. John thought it could generate 500 mill.. if that is the case and the silly cream margins at
20 % I think that is possible in this biz.. (but guys set me straight)
that's about 2 samoliens..per share as the crow flies.. and with a growth rate of say 20% if we average back over five years then fair value could be 40 dollars but they burn cash in other products.. so say 20 dollars and the licencee's take a cut say 5% ( I don't know??)
then we wind up 10~18 bucks as the crow flies...fair value..
I would settle for 5 fregging points....... yeeeeees????? Joco I think
would pull the trigger at 3 1/2??? yeeeeeesss???? I don't know John would be asleep at the switch I thinks... yeeeesss???? Wonder what Tracy's target is ????

What do you say about that?? Charlie..after all you been at this a tad longer than me.

luis
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