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Biotech / Medical : VICL (Vical Labs)
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To: tonyt who wrote (545)1/29/1998 1:10:00 PM
From: Scott H. Davis  Read Replies (1) of 1972
 
Tony, I respectfully disagree. There were 5 events within 2 weeks that came together. Not just the BW article, but the patent & cross licensing press releases of Jan 6 & 7, the end of tax loss selling, and new analyst coverage with a strong buy recommendation, (which may have triggered a Zacks buy recommendation). The strong up move probably resulted in some short covering as well.

But I do agree that next qtr release comments will have effect, hopefully a positive one.
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