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Re: KastelCo post# 11771

Tuesday, 10/26/2004 3:00:03 PM

Tuesday, October 26, 2004 3:00:03 PM

Post# of 19037
OT - STEM cell plays. If you look at GERN it's the only one that's shortable for many folks due to it's price (ASTM, STEM, GERN). Also, looking at a 1 and 2 year chart it probably is suffering from the biggest overhang and the largest amount of tax-loss selling vs it's peers. It should be leading vs lagging it's peers.

As far as I know, it has the most patents and is the leader within the sector and they are the closest to having an actual product for sale. Presentation today was informative. I also think it has the best cash position ST. Once we get through 8 on a closing basis I think it should do pretty well. This is mostly a ST play for me, but hoping to keep some LT. Breaking thru the 2 year downtrend line yesterday I was hoping for better support in the 7.3 area. Let's see where it closes.

Right now CA prop 71 looks like it'll pass which should give a boost to the sector. I think it's even money right now on Kerry which would give a secondary boost to the sector. National polls don't matter much. Kerry is doing well in swing states for the most part.




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