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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: Roland Chen who wrote (444)8/18/1997 8:50:00 PM
From: John Zwiener   of 1115
 
Almost all biotechs (except giron) seem to drop on news, even good. Lidak follows that pattern. Wasn't sure if it would happen this time since Lidak didn't really go up that much in anticipation of these phase 3 results. But it looks like it did, so I got more at 2 9/16.

Approval is for perscription only, not over the counter. Maybe later. They are holding numbers back until they can get them published in a scientific journal later this year. Numbers will then be available.

This very likely to be a winner. The stock is cheap IMHO.
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