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Biotech / Medical : Geron (GERN)

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To: BulbaMan who wrote (28)3/2/1997 12:43:00 AM
From: Andrew H   of 50
 
Business Week, hey? Murphy is really getting around these days. The problem I have with Geron is that even though the technology may be terrific and the future prospects great, it is going to be a very, very long time before they have a drug on the market and make money. My experience with biotechs (limited I admit) is leading me to invest in companies with drugs in late Phase 11 or Phase 111 trials. Seems to me there may be one or two years and a number of market dips in which to buy this one.
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