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Technology Stocks : Identix (IDNX)

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To: Ron Ohio who wrote (19471)	12/15/2000 5:55:24 AM
From: Ron Ohio	Read Replies (1) of 26039

Earnings disappointments are becoming common. MSFT today. This doesn't discourage me, as sales of the DRF300 should continue to increase with up-scale users. IDX sales should capture increase sales in a declining market. What will be interesting is Nasdaq is approaching its lows. It could bounce off the 2500 and we will have a good rally but if it penetrates 2500 we could have another down leg. Sometimes the 2500 can be penetrated for a short time and then the bounce occurs. We'll see. Home gas prices are rising swiftly. They've been up $2 over the past few weeks roughly a 33% increase. They expect that home heating costs will jump from $400 to $800 this heating season in our area. Gas and gasoline prices are taking a real toll on consumer demand. I've contacted the U S rules committee with information on fingerprint voting machines. Ron

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