Identix (IDNX) Message Board

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Technology Stocks : Identix (IDNX)

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To: TerryKrohe who wrote (15542)	11/6/1999 8:40:00 AM
From: Ron Ohio	Read Replies (1) of 26039

Trying to figure where we are heading. We've seen many rally attempts only to be disappointed by news which has taken the stock back to the single digits. For shorts it has been a shorters heaven. It's possible this time it could be different. Again I can point out that you had to be impressed with the new organizational set up and the men heading these divisions as we've seen at the stockholders meeting. I believe Rick agrees on this. You felt talking with key employees off camera that they felt IDX's time had come. Comdex was going to be the catalyst to start the move. Many news items were forth coming and many new products were going to be displayed with many of their partners. This should push the stock up and maybe we can catch the shorts in a squeeze. Fundamentally, sales and profits will be compared with this last quarter, which will allow the company a quarter or two to really gather steam before the stock would be hurt. This next quarter could be a little rough but according to the men at IDX, the first quarter after Y2K should be a winner. I would just like to see the stock move enough to get the shorts off our back. Just my thoughts. Ron

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