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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: M.LUTH who wrote (640)10/11/1997 1:32:00 PM
From: John Zwiener   of 1115
 
Your right about the road show. It starts a week from this coming Monday. It's supposed to be in New York and will present to a number of analysts and investors over a 4 day period (if I remember right). Though there is no date yet set for publishing the lidakol paper, I think that they will release some more data before they present stuff on the road show. That is the indication, as I interpret it. This is to include some numbers. I also feel that there is an increasing level of optimism and excitement at lidak (irrational exuberance?). Although investor relations is not in on the hard info, the optimism seems to be filtering down. Combined with what we been able to figure out, this company is a reasonible risk (for a biotech).

Also, because of what has happened to this company in the past, we could have a chance to consider adding more (or less) before the market is able to respond. No one seems to be following this company. Because of this lack of interest, this is more of a long term company.
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