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Biotech / Medical : Geron Corp. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Wang who wrote (710)	1/15/1998 12:20:00 PM
From: Craig Woods	Read Replies (1) \| Respond to of 3578

I am not a scientist (and I don't play one on TV...;) but what I have read about teloremase seems to be very fundamental - it is a very real, and very important part of cell biology. A comparison might be to the discovery of the transistor - people may compete to make the most reliable transistor, or the cheapest, but everyone is still using transistors. There is much less potential for parallel discoveries to bypass this one than with many other "breakthroughs". Which doesn't mean that other companies can't leapfrog these guys in their own field... However, long before GERN sees revenue from theraputic agents (after long FDA approval processes...), I believe that the assay techniques and kits they have put together (and patented) will have widespread use as reasearch and diagnostic tools (which I am assuming do not require FDA approval, since they do not affect people directly. Sorry for the assumption, I'm new to biotech, the press release and linked papers caught my eye). I don't have the balls to play the short side (nor the financial resources to buffer the risks), but I might play patient investor, get in after the price settles, and wait for the next bubble. I smell money on that side too... CW

To: Jim Wang who wrote (710)	1/15/1998 2:10:00 PM
From: mike iles	Read Replies (1) \| Respond to 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