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Biotech / Medical : Geron Corp.
GERN 1.180-0.8%Nov 28 9:30 AM EST

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To: BulbaMan who started this subject12/31/2003 5:46:52 PM
From: tktrimbath  Read Replies (1) of 3576
 
my informal semi-annual synopsis of GERN

INTRODUCTION
My semi-annual stock synopses are a task I give myself every six months where I review for myself our stocks. This is not a proclamation of truth but a chance for me to record my thoughts, pass them along, and learn from others who might know more than me. I hope you find these words useful. Note that I strongly believe that for a short while, a stock and the company can have two completely different stories and understanding that difference is where an individual investor can find an advantage.

GERN
Market Cap $0.39
GERN requires patience and a high risk tolerance for speculation which are balanced by the prospects of phenomenal therapies and returns. The management seems smart enough about public relations and ethics. The product line seems diverse enough. There are no guarantees though. The more time involved, the more time for competitors to surprise, finances to stumble, or bad news to crop up. I am enthusiastic but not so much so to do more than HOLD. As with any small speculative company, a single news item can dramatically change the picture. I watch this one.

DISCLAIMER
My wife and I are LTBH (Long Term Buy and Hold) with a strong emphasis on the H. Our total churn for 2003 was to buy two or three stocks back in March and haven’t sold anything for over a year. I am NOT a professional investor or an expert in any of the topics I discussed, but that is the nature of most individual investors. I undoubtedly overlooked something great about each company and also missed some warning signal. I invest with the knowledge that no company is perfect and realize that risk and chance determine future performance as much as in-depth analysis. Of course, it has worked so far. I have been investing for over two decades and continue to learn how much I don’t know.

Good luck to all.
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