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Technology Stocks : Identix (IDNX)
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To: jean who wrote (9237)7/10/1998 11:45:00 AM
From: David   of 26039
 
While all this is a good idea, I think IDX would want to see a rebound in its stock price before buying up another technology. Further, they may be good reasons why Viisage is losing money; we just don't know.

On another topic, I bought more IDX today. Over $6, I know, but not much over, and besides, some external circumstances had changed since mid-June.

IDX fundamentals are way out of whack with the stock price. The stock is down roughly with year to year earnings (at a P/E of about 100 to 1), which is the wrong way to value this company at this point in its life cycle, where top line revenue growth and market share count for much more. Those elements continue to strengthen nicely.
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