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Technology Stocks : Identix (IDNX)

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To: James Overko who wrote (5648)12/9/1997 10:42:00 AM
From: Rob C.   of 26039
 
James,

I am wondering if ORCL, although a small part of our equation, isn't weighing on our rally???

IDENTIX INC(IDX)
Bid: 11 3/8 BidSize: 20 Open: 11 9/16
Ask: 11 9/16 AskSize: 20 Close: 11 5/8
Last: 11 1/2 High: 11 5/8 Div.: 0.00
Change: -1/8 Low: 11 1/2 Yield: 0.00
A.High: 13 7/8 P/E: 166.07 Volume: 37000
A.Low: 7.063 EPS: 0.07

Technically IDX must fill in the gap created by the last few days anyway, a test of 10 wouldn't surpirse, but the stock has been making higher lows over the past 12 months. I am going wait to try and buy my Dec 10 calls back for 1/2. I am not going to let them take my stock, so I am short 20 calls, but long 2500 shares.

Good luck,

Rob
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