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Biotech / Medical : VD's Model Portfolio & Discussion Thread
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To: Kushi Kullar who wrote (5747)10/9/1998 1:27:00 PM
From: Harold Engstrom  Read Replies (1) of 9719
 
Vical is not the kind of company I usually buy. Rick would be a far better source for an opinion on Vical, if he follows it or follows gene therapy trends in general. Rick has almost caused me to deviate from my normal investment strategy and purchase BTRN.

My strategy is to buy companies with solid science, the ability to pull a compound through the clinic, good manufacturing and conservative financial practices. This means that companies I would invest in usually make a profit and are fairly well know. This also means that I never have a 50-bagger within 3 years, but also get decent returns on what I do invest in. Rick Harmon, on the other hand, has expertise in identifying larval and pupal stage biotechs that hold great promise and are much more likely than average to turn into the kind of company that I would invest in. Maybe Vical is one of those companies. Any thoughts Rick?
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