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Technology Stocks : Identix (IDNX)

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To: RJP who wrote (12228)1/22/1999 11:30:00 AM
From: David  Read Replies (1) of 26039
 
I'm also watching the price, although I doubt I would buy any today. If the tech market is tanking again, the price will drop some more.

As to insider selling, don't worry. Fowler sold 24,000 shares only -- to replace his house that had burned down. The CFO sold 12,000 shares. That is not significant insider selling.

As to earnings, I don't expect incredible earnings in the next quarter or two, but by the time you can expect those earnings the price will not be this low. I have a high degree of confidence that IDX is very well positioned, and that this market is now beginning to happen and not just be talked about.
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