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Biotech / Medical : Geron Corp.
GERN 1.200+3.9%3:59 PM EST

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To: Dennis who wrote (806)1/18/1998 12:43:00 PM
From: Bill De  Read Replies (3) of 3576
 
A MESSAGE TO ALL

I have been reading this board for the last couple of days. There are a lot of smart investors who have posted messages and there are a lot of dumb ones also. A few comments. First of all, most Bio-Tec's don't make a profit initially. Why? Because they generally have no product until they make a discovery. Many Bio-Tec's that make a major discovery that industry experts believe is a significant break through are generally acquired or form an alliance with a large drug company. For people to say this company will not make a profit for years just do not understand reality. What if next week some well known drug company acquires GERN or funds their operations?

If they were acquired you would be foolish to think that it would be for book value. A value would be placed on the technology.

Probably 90% of all the people who post here have little or no scientific background. However, many of you try to second-guess GERN findings. Did you learn science from a home correspondence course? This article in the Science Digest seems to be backed by many well-known scientists. In addition there are at least 5 major universities backing it. I have no idea what the paper says. But with the people and institutions backing it, it sounds very impressive.

Many of you who have shorted this stock have left messages out of sheer desperation hoping that the longs will believe you and sell. You know that for a fact.

Your greed could limit your profit. It is obvious that many people are interested in GERN because of the 20/20 Show. It may have a major impact on the stock price on Tuesday. Barron's did not comment on GERN. So it is not the company but the potential product that people will be thinking about on Tuesday.

We all invest to make money whether it is by shorting or going long. If you shorted this stock and you have covered hold on and watch what happens on Tuesday. Give the stock a chance to move up. Follow the momentum. Do not try to change the momentum. It makes more sense to me to let it go up and then short it. To say that "I am going to wait till it hits 13 3/4 and than short again" are pretty stupid. Let it go to 20 and then short it. I believe that this stock can go to the high teens or low twenties on the news to come. But I do not believe that it can maintain that level. Take your time and watch what happens on Tuesday or Wedsenday.

Make your move then.
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