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Biotech / Medical : Geron Corp.
GERN 1.605-1.2%Feb 11 3:59 PM EST

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To: Jim Wang who wrote (710)1/15/1998 2:10:00 PM
From: mike iles  Read Replies (1) of 3578
 
Lu Wang,

In 10 years, if the technology works, this company will be worth at least $10 billion (Approx. $1000 per share)... how it gets from $10 to $1000 is anybody's guess and you may well make money shorting it as it pops. There may not be earnings today but in my view there's real value in this company. An ogy ... I go out and make a huge gold discovery. Until I develop it and start mining there's no earnings. Does that mean it's worthless? Maybe, Geron turns out to be Bre-X ... definitely a possibility (but without the deliberate fraud part). My bet is it's real.

regards, Mike
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