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Biotech / Medical : T/FIF, a New Plateau

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To: JMarcus who wrote (2054)5/23/2003 1:58:17 PM
From: JMarcus  Read Replies (1) of 2243
 
<<The biotech market has lately been more receptive of such models [long time-line, but huge ultimate potential].>>

It is very interesting to compare the 2-year charts for GERN and AVGN.

finance.yahoo.com

GERN, which is much more constricted cash-wise and which also has a long time-line, has recently gone from roughly cash value at $1.42 per share to a high of $7.40 on 4-2-03, and is now showing strength in prices above $5.00.

The chart shows GERN diverging from AVGN recently, but it has done so on good news. Anticipation of Avigen's news is starting to get priced into the stock but the full bump won't hit until the press releases (resumption of Coagulin-B trial and IND for the PD vector) are issued. Then maybe it will close the gap with GERN.

Marc
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