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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: Red Dragon who wrote (813)1/6/1998 10:14:00 PM
From: luis a. garcia  Read Replies (1) of 1115
 
Red it sounds to me as though you are not 100% sure about selling...
I think if I had been with the stock several years I would be tired of waiting and mad too.. I been with the stock 1 year and hope to fair better in that respect but there is no guarantee's..
Maybe if you retake your position it will work out for you in the end...like if you consider a modest margin of .15 in a billion dollar blockbuster drug.. that is 150 million earnings... take 5 mill for SGNA and that represents ~4 dollars eps... and 400 share price but say
200 dollars because people love to hate this stock... even 100 dollars if you think .10 is the attainable margin... and or there is a Taiwan knock off on the shelves somewhere... your patiente might be rewarded.. in time. Look at it in a more simpler ligth... they have gotten most of all the horrible bad luck breaks and blunders out of the way and they may just get a little lucky going forward...

luis

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