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Biotech / Medical : Geron (GERN)

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To: Sniper who wrote (35)3/24/1997 7:28:00 PM
From: tommysdad   of 50
 
*&^$$!! = Pharmacia

While I agree that Geron's technology is very compelling and the PNU deal is nice confirmation that someone else thinks so too, it's dangerous to assume this stock is going anywhere soon. They are a long way from first base (clinical trials) and even further from home (a drug). Too many biotechs are full of sound and fury signifying nothing until significant clinical results are obtained, and that's so far into the future as to be essentially unforeseeable.

Yes, GERN is a potentially great long term play, but what is the rationale for "$17 real soon"?
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