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Technology Stocks : Identix (IDNX)

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To: David who wrote (15183)	10/14/1999 6:17:00 PM
From: brad greene	Read Replies (1) of 26039

Unisys OT........You guys seen what they did to Unisys today? Holy cow! They met estimates.....said next quarter was fine....but that the 2 following quarters would show some (Y2K) related weakness. The Street knocked 15 points off the stock!......38%....Class action territory! This is a bad omen for the market. I think Unisys is a super trading chance...as is Raytheon.....but one by one....good stocks are getting cut in half......in one trading session. The Unisys thing today smells of Y2K.........tomorrow may be interesting. I'm going to buy a few shares of UIS after the panic people and shorts move......but there should be shivers up and down the Street........with a bad PPI number....we may be sub-10,000 on the Dow by noon....headed to 8,500 by the end of the month. How IDX will handle this without saying a word.....will be interesting. The upside may be limited.<g> Tomorrow would be a great day for Unisys to announce a huge South African Identification contract. bg

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