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Biotech / Medical : VICL (Vical Labs)

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To: Scott H. Davis who wrote (1212)	2/19/2000 5:52:00 PM
From: William Strop	Read Replies (1) of 1972

Scott, It's never bad to make some money. The State of Wisconsin Investment Board sold 181,600 shares (12.6% of their holdings) sometime in the last 2 weeks -- so you are in good company. The rising tide does seem to be lifting all boats right now. Like all these bubbles, they eventually burst, everything falls, but the truly good companies (I think Vical is one) rise again from the rubble of the bubble. So, I will hang in there as long as there is progress on: 1) vaccines; 2) cancer therapy; and 3) there are additional companies licensing the use of Naked DNA. It could be quite a roller coaster, though!!! Bill

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