Oliver, VICL has cash & a low burn rt. I'm relatively
new to the biotechs, but they seem to spend more as they
progress towards completion of the Phases. I'm also in
HGSI, ISIP, & AIMM. Both AIMM & VICL have an A sponsors
rating in Investors Biz Dly. I watched AIMM at 7+ for a
few months, didn't get in till 11+, when it was
announced the the Tisch Group of NY has been buying
chuncks of stock. I've owned HGSI since the IPO in 93',
bought some more this July at 28, didn't quite catch the
btm. but sure glad we had that little correction.
That's when I got into VICL also. I come from the
software sector & love getting in on small co. stocks
w/strong institutional backing. Kind of betting on the
jockey, not the horse. I try to do my homework, but the
big boys sure seem to have an inside line on a whole lot
of info. I really like VICL and would buy more on any
dips into the 11+ range. |
