Lidak Pharm. [LDAKA] Message Board

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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: luis a. garcia who wrote (775)	1/2/1998 8:53:00 PM
From: John Zwiener	Read Replies (1) of 1115

Luis and Henry, It's a little encouraging that Lidak drifted up from it's open. It would be interesting to know if the short sellers decreased their position today. The upward drift and decrease in short sellers (if that's what happened today) would indicate that the placebo numbers are OK. I was frankly surprised that the price did not drop down to around 1. I continue to hold. I do not think that the possible use for Kaposi's sarcoma has anything to do with BMY dropping lidakol. Conflict of interest? Kaposi's use is small change compared to the Herpes use. And it seems that every drug company in the world is working on a treatment for Kaposi's. Luis, acyclivir only decreases an outbreak by 1/2 day. It barely worth the trouble to take this expensive drug, but it is a 1.5 billion dollar drug for the herpes use. The only reason I continue to hold is my impression of the people at lidak. But the numbers tell the story.

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