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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: luis a. garcia who wrote (719)11/25/1997 8:09:00 PM
From: John Zwiener   of 1115
 
The warrants have been extended to 1999, so I wonder if Katz will bother to exercise them in the near future. I guess this takes the pressure off of selling shares to exercise the warrants.

There is no news as to when the lidakol numbers will be released. The plan to file a NDA by the end of the year is still on. Also, the lidakol numbers will only be released in a publication,,,no news on when that will be, but it does take time. Maybe in January. There is not much downside at this point and there seems to be a reasonable chance of a big upside so I continue to hold and will wait for the news.
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