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Technology Stocks : Identix (IDNX)

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To: David who wrote (15086)10/6/1999 5:18:00 PM
From: brad greene  Read Replies (2) of 26039
 
David,

Off the Commission record......this sucks.

Two ways to view this pitiful stock performance on huge volume today.....IMO.

1. Ascom....Insiders....and the PP folks are taking advantage of the volume and huli-huli to unload.......Meaning that IDX really has dick.....no box makers....no deals.....no FAA....no SA.....Just dick....Informed insider selling.

2. The shorters were out in force today....pretending to be smart.......protecting a position.....knowing that IDX will have another poor earnings announcement on the 26th....which they will......but that everyone should expect.

Jeeesh....I sure hope it was not insiders or Ascom unloading today..... And I hope IDX has one of these "box makers"....or SA....or a big trade article....or some other enlightening deal to pop......something to show where this stock should be going.......which is higher, of course....based on explosive future prospects.

If there was another 300k of short selling today.....IDX really should step up and let something go...if they have anything. The time and market conditions are perfect.

The audience is still here......just scratching their heads......wondering if IDX is a broken stock. I really hope IDX starts soon.....I would hate to see the Commission issue it's first IDX downgrade.<g>

bg
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