Assign a method to a variable

[wild_bill]

This code isn't working, and I didn't expect it to. I'm using it to try and describe what I'm trying to do. I would like to store a method as one would store a variable. Is this possible? Is it bad practice?

    Private Delegate Sub ParseMethod(segment As String)
    Private Sub Parse(x12 As String, delimiter As Char)

        For Each segment In x12.Split(delimiter)
            Select Case segment.Substring(0, 2)
                Case "HL"
                    ParseMethod = AddressOf ParseHl
                Case "CL"
                    ParseMethod = AddressOf ParseCL
                Case "SV"
                    ParseMethod = AddressOf ParseSV
                Case Else
                    ParseMethod(segment)
            End Select
        Next
    End Sub

    Private Sub ParseHl(segment As String)

    End Sub

    Private Sub ParseCL(segment As String)

    End Sub

    Private Sub ParseSV(segment As String)

    End Sub