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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: henry jakala who wrote (680)10/17/1997 8:56:00 PM
From: luis a. garcia   of 1115
 
Henry the 3 resistance level will be breached. Todays market was horrible and the announcement was Lidak style far more negative than it needed be if Logic is right about his conference call with Lisa.
The lady had health issues and the pressure to produce and NDA for us shareholders at Lidak is intense. After this time the distributors are their partners and want to see Lidak get results. I mean they have hung in for this long now they want to make money like everybody else.
So that's the story.. double pace and ill health the lady resigned.
The real story is the down volume was two large blocks this morning or
300k on the day and the stock did not crack and or break.. so the base
is still holding. And it has a very healthy base going.
I don't think you need to despair just yet because in any case comercializing Lidakol and starting Kaposi phase III and LMI phase III
etc will take a little time anyway. The stock is not blessed though and it seems to continue to be a dark horse. So work your plan. Mine says 10-15 next summer.

luis
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