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


To: Haolin Ni who wrote (870)1/23/1998 5:57:00 PM
From: David S.  Read Replies (2) | Respond to of 3579
 
if this company goes bust, I promise to walk your dog every day of the week for a year. If it doesn't what will you do for me?



To: Haolin Ni who wrote (870)1/23/1998 7:19:00 PM
From: BulbaMan  Read Replies (1) | Respond to of 3579
 
>>You will see whether there is new revenue come from Boehringer in next Q 10Q.<<
So, you admit that you have no way of knowing whether Geron got a payment from Boehringer until they release 1997 Q4 results.
With about $25 million in cash and a $2 million quarterly burn rate, this gives Geron about 3 years of cash. A 3 year cash position is generally considered very good for biotechs in Geron's category. Also, Geron should be getting milestone payments from Pharmacia & Upjohn over the next few years and I'm confident they will be partnering with other companies on telomerase in the near future.
Personally, I think you're completely off-the-wall about the company profile being being a ploy by Geron to "prop up" its price. Such profiles periodically appear on the Yahoo news list for various companies and my understanding is they're released as a service by BusinessWire.