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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: luis a. garcia who wrote (584)9/10/1997 1:53:00 PM
From: James Silverman   of 1115
 
Luis,
So when do you see the NDA being finalized and when do you see FDA approval? Or do you only rely on "Bud" for your info?
You can call me all the names you want, but you have presented little hard data and independent opinions about Lidakol.
I can assure you, Buds timing re: approval will not take long to be proven false, only about 4-5 months now.
You've been cheerleading this stock for a year now and its done nothing. Go out on a limb, lets see some projections. My projection is simple-Lidakol will not approved in 1998. Its just my objective opinion and nothing more.

I am sure Bud knows a lot more than me about LDAK, I don't question that. His problem, as I can see it, is that he is confusing the NDA filing with an actual FDA approval. As Ms. Katz pointed out, they don't even know when approval will come and won't validate Bud's projection.
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