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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: Logi who wrote (183)4/23/1997 8:19:00 PM
From: luis a. garcia   of 1115
 
Ldaka closed at 2 on an uptick. Has been below 2 and now is up at 2.
In a weak market the stock is acting defensively. However the stock does not show earnings, and this market punishes stocks with no earnings.. money flowing out of market...into overseas securities..and
bonds etc.. I think its holding its ground..here. Don't forget the market moves when its ready not when you expect it to. Be patient in here or be out only two choices... my break even is 1.5 and Bud remains bullish..called it a bargain.

luis
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