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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: luis a. garcia who wrote (962)	3/17/1998 1:59:00 AM
From: John Zwiener	Read Replies (2) of 1115

Hrrrrmph, hello. Well, they aren't going away are they? Must be something there for this Katz fight to break out. It's interesting how so many people see the same news and come to opposite conclusions on whether Lidak's board versus HeathyMedicine/Katz are good. As more news comes out about the moves behind all this, I think it will clarify the issues. The Lidakol results are bound to come out before the shareholders meeting. My opinion of the "hostile" proposal continues to drop. Most of the big shareholders are likely to be savy on these things. I think when the lidakol studies come out, we will know if there is really something big at stake. If the results are really good, it will crystalize what this is all about: a good drug for a chronic condition that is worth a lot. I wouldn't want to trust this to an unknown company that won't commit financially as far as I can tell to the 100 plus million that they claim to bring to the table.

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