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Technology Stocks : Identix (IDNX)

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To: RickM who wrote (15277)10/25/1999 3:03:00 PM
From: Rappin1  Read Replies (1) of 26039
 
As was said, IDX is releasing results tomorrow, but they did pre warn sales would be lower a couple of weeks ago with no hint of the loss number. IMO, if the loss is not substantial (which IMO would be -.10 or worse), the price may not drop anymore. Also IMO, getting this stock anywhere in the 7's is a good buy, however, there are a few who think we see the 6's. IDX has a good product, a strong foot hold on software and some great relationships with other companies. Many think there are some relationships yet to be announced, those announcements have yet to be confirmed. Been in this stock 2 years and with the exception of a couple of surges, it has been disappointing. But many, including myself, feel biometrics is the wave of the future, please do your own DD. Good Luck!
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