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Technology Stocks : Identix (IDNX)

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To: IDXER who wrote (9622)7/28/1998 11:30:00 AM
From: David K.   of 26039
 
IDXR,

I'm in the middle of the road. I'm debating putting this puppy on the shelf for a couple years and then dusting it off and seeing what i've got versus dumping now for a very quick yet relatively modest gain.

If I want to marry a stock it'll be one with a much better performance history and have a drip plan. I suspect at some point in time that IDX will sustain an upward trend but the timing of that is pretty much guess work. I think it was on Schwab that is showing 5 year growth estimate ranging from 35 - 60%. I don't think either end is anything to frown at but it leads me to think this stock may remain rather volatile for some. I don't have the numbers in front of me but the annual high/low for the last three years is pretty consistant if i recall correctly. Maybe it's two years don't have time to look.

What I really kick myself for is not going long at the open when randy was on cnbc and dumping it all before powerlunch was even on.
Oh well, no use being tormented by hindsight. haha

Regardless of whether I sell or hold I too hope they beat the estimates.

David

PS: I was holding a stock last year that missed estimates and the stock did indeed go up after the CC.
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