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Biotech / Medical : Geron Corp.
GERN 1.370-2.8%Jan 23 9:30 AM EST

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To: Curtis Frazier who wrote (77)8/15/1997 5:14:00 PM
From: Jay Malde   of 3578
 
Yes, they lag behind at times. However, their new "In Play" section
mentioned GERN when it was at 8 this morning before the run-up.

Separately, I've heard how this stock is going to get murdered
as soon as the bubble bursts. It will go down, but murdered?
Maybe not... Here's why IMHO. The float is only 2 million.
As the news spreads over the weekend, a lot of people are likely
to get into this stock. And with a small float, the price can
stay up for a while. Remember, of the 11+ million shares
traded today, only 2 million still remain out. Simply put,
if there is more buying interest than selling, the price
will go up. We know the selling interest is atmost 2 million.
Now, I have not considered shorts here. But if there is a large short
interest in the stock, it will only go up more when people
cover.

Comments?

Jay.
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