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Technology Stocks : Identix (IDNX)

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To: David who wrote (15089)10/6/1999 6:20:00 PM
From: Rappin1  Read Replies (1) of 26039
 
IMO, if we don't see some news tomorrow, we will see continued selling and a possible drop below 8, hear that Rob. I have only been in this stock two years, but I know some that have been in much longer. I want to believe this was not a ploy to allow insiders to sell because of the earnings warning prior to the segment on CNBC. However, the insiders may have thought there'd be a bigger spike as we did. Many are getting frustrating and IDX is not performing like a good long-term stock which increases gradually over time with a few temporary dips in between. I do believe this technology is the wave of the future,but I am getting concerned about this company's ability to get there. There are a lot of great things ready to happen with IDX, but if we don't see them soon, I'm afraid the lack of performance and the overblown Y2K scare will send this stock back to 6. I'm still in, but cautiously optimistic. Maybe I'll feel better tomorrow, Good Luck to all.
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