Identix (IDNX) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Identix (IDNX)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Hal who wrote (15083)	10/7/1999 9:26:00 AM
From: Rappin1	of 26039

Some Dow Jones notes from yesterday's segment: 6 Oct 15:08 NEW YORK (Dow Jones)--Fingerprint security identification company Identix Inc. (IDX) has the potential for "explosive growth," said the company's chief executive. The potential for "explosive growth" is fueled by "password overload in this country," said Randall Fowler during a CNBC interview Wednesday. "We need to replace those with passwords ... using your fingerprint." He said that in financial organizations and insurance companies that have 30,000 to 40,000 seats, "30% to 50% of their internal help-desk calls are password related. It costs $145 per year per user to get rid of those (problems). This (ID) can be bought for under $100 right now." Identix hopes to make its product so ubiquitous in computers that hardware costs will be pushed down to $0. "Our strategy is to drive hardware costs to $0 and get it in each of the 100 million computers this year." Fowler predicts the fingerprint IDs will "build into e-business and e-commerce and eventually be on the Internet." -Laura Elizabeth Pohl, Dow Jones Newswires; 201-938-5392 (END) DOW JONES NEWS 10-06-99 03:08 PM Copyright 1999 Dow Jones & Company, Inc.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next