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Biotech / Medical : VICL (Vical Labs)

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To: Jim Roof who wrote (1209)2/18/2000 11:11:00 PM
From: Scott H. Davis  Read Replies (1) of 1972
 
Jim, I took about 40% off the table back at 28 1/2 approx, so my anxiaty is not too high. Stock is only moderatly ovebought on a daily chart basis, more so on a weekly. siliconinvestor.com

Think a lot of mo-players & newbies just discovering this sector now have a material share of the shares, so profit taking and/or bailing on a retrace is becomming a material risk.

Having held beiotech thru the bad, I may be somewhat handicapped now - so many of the biotechs I was following have soared well above historical valuations that I have not pulled the trigger recently. IMSCO Scott
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