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Biotech / Medical : Lidak Pharm. [LDAKA]

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To: luis a. garcia who wrote (1039)5/4/1998 11:22:00 PM
From: John Zwiener  Read Replies (1) of 1115
 
Merck, that'd be nice. I was wondering why Lidak tried to go up today. I wish they would gives us some numbers. It sure would help give some confidence to investors. Lidak has the honor of being the most bizarre story in biotech history IMHO. I wonder if Lidak is being more talkative lately. I called around a month ago, and they were friendly, but gave no new information. Same old thing. One thing, if Merck is going to be a possible partner, Lidak should have a very large upfront payment to insure that Merck is serious, and Lidak should have an out if Merck just let Lidakol sit out there with no promotion. Otherwise, Lidak should go to someone else who is serious.
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