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Biotech / Medical : Geron Corp.
GERN 1.200+3.9%Nov 26 3:59 PM EST

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To: B.D.K. who wrote (1066)11/5/1998 10:50:00 PM
From: Evan Dimmer  Read Replies (1) of 3576
 
for all of the GERN doubters....

I think it's important to add that ENMD had a ratio (shares short/ave. daily volume) of 2 something before the big runup.....only 175,000 or so shares....and had millions the next month. ENMD didn't run up on short covering like KTEL has in the past....the runup came from other factors....and even if shorters of ENMD covered right away....175,000 shares isn't gonna do much to bring it up to 85 at the open. So right now I'd consider GERN and ENMD in the same position before their runups.

People do learn from their mistakes....so I'd think an open at 90 is not possible. But...GERN will have a nice gap...and then start to climb...something ENMD didn't do. Buying at the open will not give people the problems that it did with ENMD....THERE'S STILL MONEY TO BE MADE STARTING TOMORROW MORNING!!!!!! (and i'll be one of those tryin')
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