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Biotech / Medical : VICL (Vical Labs) -- Ignore unavailable to you. Want to Upgrade?

To: celeryroot.com who wrote (1119)	9/10/1999 9:02:00 PM
From: Scott H. Davis	Respond to of 1972

Good question, I can't find anything either. Bigger vol than recently, but not a real large chunk. I continue to see accumulation in several biotechs (TTP has been going gonzos on strong vol with not recent since July, look at IMCL) Enough clinical probress & terchnical strength that folks think the water in the biotech pool is safe again? Money moving to other sectors after the Inut drop? Some short covering? ISIP's broken out of it's 1 year declining trendline, and close to a 2 year breakout. Mostly clueless, Scott

To: celeryroot.com who wrote (1119)	9/10/1999 11:32:00 PM
From: Scott H. Davis	Respond to of 1972

CR, I looked for news, forgot to check the chart. Look at where VICl stood going into today. siliconinvestor.com ViCL had been hitting 15 as a point of resistance several times, but each time from a progressively higher base. Technically this is an ascending triangle, a bullish pattern which I have found to be a fairly good predictor of an upside breakout. And the nice thing now is that the stock is nowhere near overbought. Should be more upside room, especially if we get some more good news and/or coverage. IMSCO Scott