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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: luis a. garcia who wrote (449)8/18/1997 11:01:00 PM
From: ML Harper   of 1115
 
One other theory on price drop. BI Research recommended sell it if the price dropped 5/8 after the results were released. I believe BI Research author (Tom Bishop I think) is one of only 2 analysts following the stock. BI was basically tired of trying to extract info from the company and just tired of messing with it.

However, now I am hooked because the fundamental positives have not changed and think even BI would agree. Bishop just said 'sometimes it is not worth waiting for the profits' (roughly, apologies to the author).

From what I read, the drug will work. Time for some of you with sharper pencils to determine cash flow to the company.

Marty
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