Hippie virus is a typical boot sector and MBR infector. The virus does not fit in to the boot sector alone, so it takes allocates three additional sectors. All of the sectors are encrypted.
Depending on the settings of your F-Secure security product, it will either automatically delete, quarantine or rename the suspect file, or ask you for a desired action.
More information on the scanning and removal options available in your F-Secure product can be found in the Help Center.
You may also refer to the Knowledge Base on the F-Secure Community site for more information.
The virus is harmless, but has stealth features. You have to boot from a clean floppy to disinfect it. Hippie does not decrease the amount of available memory.
The author of Hippie is "Dr. White", who has written the Junkie and Desperado viruses as well.