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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: luis a. garcia who wrote (734)	12/23/1997 2:13:00 PM
From: M.LUTH	Read Replies (1) of 1115

Luis now that the apparent good news is out and the FDA has looked at the drug previously what do you think a reasonable time frame is for us to see the drug on the market? Six months would be very nice, but probabl;y more like nine-twelve would be more realistic. Do you know if they have a production plant that will be able to meet the demand when and if it arises. I am also skeptical (mildly) that we are still a long way off from seeing any revenue, like the year 2000. As I have said before I have owned Lidak since 94', that would be 6+ years and would need a real home run for this to provide a return worth the wait. I really believe in Lidak that is why I have held on so long and don't dare sell now. I am surprised that the market is not reacting to the news with more force, but with the Lidak track record it does not surprise me. Happy Holidays to all the Lidakers out there and maybe the Christmas of 98' will provide the return we want. Mike

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