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Biotech / Medical : Lidak Pharm. [LDAKA] -- Ignore unavailable to you. Want to Upgrade?


To: Ronald Forbes who wrote (772)1/2/1998 11:25:00 AM
From: Henry Volquardsen  Read Replies (1) | Respond to of 1115
 
Ron,

I posted my thoughts yesterday in the following post

Message 3072195

as I said then I suspect there was some sort of conflict of interset. From what the company has released regarding the phase 3 and Katz's decision to increase his stake makes me believe the problem is not with Lidakol. I think the comment in wednesday's pr that BMY's cancellation was not prompted by therapeutic reasons reenforces this opinion.

How long is a little while? The depends on one or two of three different things happening; Lidak announcing the details of the phase 3 trials including comparisons vs the placebo, Lidak announcing the specific reasons why BMY canceled or Lidak announcing a new marketing agreement.

And there is a new years bump, just in the wrong direction :(

Henry