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Technology Stocks : Identix (IDNX)
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To: Wendell Holmes who wrote (4217)10/17/1997 12:26:00 PM
From: J L Segal   of 26039
 
IDX today:

Trading: so far, not too bad for option expiration & the market down
as far as it is. Better volume trades; so far 8 blocks of 2000+
(largest size being 3400). Although only 3 of these are buys; 5 are sells.

First Call Earnings Estimates: The earnings report date, as of today,
has been changed to Oct 17th (it was the 24th)

Zacks: Shows correct National brokers recommendation @ Buy, but the
"Zacks Indicator Ranking" shows a hold. (since this ranking includes
earnings performance, I would assume that for this to be upgraded, IDX
will have to beat estimates)

Another thought: Oct 31st is the year end for mutual funds. They will
be selling underperformers for tax losses.

JL

p.s. IDX now: 10-1/4 x 10-5/16; 8 x 65
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