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Technology Stocks : Identix (IDNX)
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To: Roger Lewis who wrote (14027)6/27/1999 11:43:00 AM
From: Steve Felix  Read Replies (1) of 26039
 
Roger, FWIW I think it is a great start, but announcements without $$$$ no longer seem to move IDX. The MOT announcement was good for 900,000 shares in three days and 7/16 up on a closing basis. I had hoped that all the May 144s filed were in anticipation of some great $$ announcements ( I was kind of looking for O'Hare ), and there is still that possibility. Although not that many insider shares are showing up yet, someone is filling the orders. If say the average price willing to be taken is 9 / 9 1/4 and nothing serious comes along in the $$$ department, it will be a long summer/fall and at some point one or a few disgruntled shareholders will cause Robs target to be hit. Nothing against Rob, but I am still hoping the first possibility plays out.
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