Editek (amex:EDI) hovering around 7/8. near all-time low. Message Board

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Biotech / Medical : Editek (amex:EDI) hovering around 7/8. near all-time low.

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To: JuliusT who wrote (10)	10/17/1996 4:36:00 PM
From: David Haith	of 31

I think that may be some of the rise but I think if they settle with the perferred holders that will make everyone breathe easier. In their last report they lost only .01 per share. They also said they would be taking a charge in the 3rd quarter which will be the 15th. Before the lawsuit the stock was at 2 to 2.50 a share. Also note they have sold a plant in Canada which may balance the write off. If they report break even or a minor profit and settle with the perferred shareholders I think this stock will rocket. For them to even make a proposal to the perferred shareholders something must be good. Sorry for being so long.

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