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Biotech / Medical : Geron Corp.
GERN 1.3700.0%Jan 30 9:30 AM EST

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To: Phil Tuzz who wrote (376)8/18/1997 5:31:00 PM
From: Louis Riley   of 3578
 
Gap up opening, surpassed yesterday's high, never came close to filling the opening gap, closed above the opening. There were some $16 1/4 bids on Instinet after the close.

Volume cooled a little to a non-blowoff pace. Picked up nicely in the last 40 minutes.

All in all, looks great to me. Once $17 1/2 is scaled the old $18 1/2 high will be challenged quickly.

I still say that the company working on potential cure for cancer is likely to fetch a $500MM market cap - about $47/share.
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