Identix (IDNX) Message Board

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Technology Stocks : Identix (IDNX)

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To: Rob C. who wrote (5599)	12/7/1997 7:35:00 PM
From: David	Read Replies (1) of 26039

While I have disagreed with Rob on his options strategy, I'd have to agree that a spike to 18 on INS news would be amazing. Keep in mind this is much different than, say, recurring Sylvan earnings of the same magnitude, if they were to occur. We are probably starting to see the most significant effect of the INS to-be-contract, in the multiple buy recommendations now occurring and what may be the start of greater trading and a minor boost to the stock price -- I'd hope over 12. If the stock went to 18 or 20 overnight it would surely subside quickly, too quickly to really help anyone but traders.

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