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Technology Stocks : Identix (IDNX)

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To: jean who wrote (10928)10/21/1998 5:54:00 PM
From: David  Read Replies (1) of 26039
 
I'm not trying to discourage anyone, just trying to keep it on an even keel. The stock is moving up, and will keep going in that direction on good news. I expect good news. I expect Rob will buy you dinner, in fact.

I do think that some people will sell on good news . . . they always do. The stock will then stabilize at a higher price. What that is depends on how good the news is. (I'm not sure this move is anticipating earnings. It may be something else. In fact, I just noticed on the NY Times website that Clinton has signed the budget bill.)

I'm going off to the far frozen North for a long weekend, and will just about have time to check the PR wire tomorrow morning before leaving. In the meantime, find a really expensive restaurant in NYC. I know they must have some.

David

PS -- Go Yankees!
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