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Technology Stocks : Identix (IDNX)
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To: Hal who wrote (19743)1/24/2001 9:21:09 AM
From: R. Jaynes   of 26039
 
After a quick read of the earnings report I would say it was not what I had hoped for IT revenues (I was hoping for 2.5 million). On the other hand, ANADAC seems to be doing very well and should continue to be a strong performer for us. IDX is expecting revenues to be increasing as we go forward and I'm sure that will be the case. However, it seems as though itrust won't kick in until the 4th quarter - I was hoping to have it going by the end of March. It also looks like the SYLV/IDX joint venture is eeking out small profits. This, too, will improve going forward.

So, all in all, IDX is adding shareholder value. It will still take time to get the really rapid growth we are all waiting for.

Rick
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