Lidak Pharm. [LDAKA] Message Board

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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: M.LUTH who wrote (476)	8/21/1997 2:55:00 PM
From: mark wisdom	of 1115

Hi folks! I've been following Lidak for about 18 months. I was in for the first crash and bought more hoping it would recover. Remember Peter Lynch said "a stock's price will reflect it's earnings IN THE LONG RUN." In his bestseller he noted good stocks that languished for long periods of time until they were "discovered". I'm in for the long run. As Luis has noted, they have this Phase III trial success and lots of other good possibilities in the pipeline. This stock is a winner; we all know Wall Steet is irrational in the short run. Plus, Lidak, with the help of the FDA, has left a bad taste in everyone's mouth. So, it may be awhile before the big guys (and small) get into it. It could happen next week or the timing could be much farther out. At worst, it's a terrific long term hold (fingers slightly crossed). Mark Wisdom

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