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Technology Stocks : Identix (IDNX)

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To: Bill Wexler who wrote (14129)7/2/1999 12:18:00 AM
From: David  Read Replies (1) of 26039
 
Wexler, you are the one predicting a stock price under $5. How would you possibly square that with a major institutional investment at over $8?

It would appear that you are left with a shorter's argument that IDX should trade to $8 and change . . . and they hired Westergaard. "Highly dilutive"? About 6% worth of dilution. Look at some of IDX's competitors for highly dilutive financing. Start with NRID.

Laugh now all you want. You still haven't shown anyone that you know what you are talking about regarding this stock, or its market position. I hope you are still short.
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