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Biotech / Medical : Geron Corp.
GERN 1.160+0.4%9:35 AM EST

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To: Cacaito who wrote (3030)6/5/2007 10:07:52 PM
From: LJM   of 3576
 
First week of July is deadline for Merck to exercise their option on GRN163L.

Data will be delivered on GRN163L at Conference June 11-15.
<early data>

The pricing of their option is the avg of a five day trading window over the conference time frame. The cap was 12 and something -- working from memory here? So don't hold me to it. :)

Looks like a roll of the dice...

Company seems very confident -- but I have seen that before.

I'm long. FWIW
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