Lidak Pharm. [LDAKA] Message Board

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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: Henry Volquardsen who wrote (383)	8/15/1997 1:02:00 PM
From: luis a. garcia	of 1115

It never is Henry, I just got off the phone with Bud and he sold part of his large position this morning but he is still holding and begining to look at the long term. he says.. a) the stock is not a two dollar stock anymore. b) This morning the price moved back towards the 2 range and lots of buying came in at 2.75 so there is support at that level.. c) He is encouraged that the company will file PMA by end of year. I thought they would do it tomorrow but he says they are actually doing good the Pma is almost a novel detailing everything down to distribution channels and that this is quite a feat. So... thats good d) finally he says FDA approval will be expected within a few days of the filing. And this means COMERCIALIZATION IS 4 OR 5 MONTHS AWAY. and this is something for us to cheer about. I am holding period. In for a penny in for a pound. luis

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