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Technology Stocks : Identix (IDNX)

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To: Hockeyfan who wrote (15747)11/16/1999 1:24:00 PM
From: bob jordan  Read Replies (2) of 26039
 
This is depressing... Identix makes a bunch of press releases...and the stock trades a lot...but is going the wrong way... I don't get it. It looks like no one cares about biometrics or any biometric companies. I thought that the stock would be up significantly after I read the press releases...and as I write this the stock is down... What's up?? It looks like a buy-on-the-rumor-sell-on-the-news theme...and I hate it. I guess the same will happen with NRI...if any more announcements are on the way. I don't understand it... What is the market waiting for??!!

Regards,
Bob

P.S. Hockeyfan, any idea on shipment goals? Apparently, CPQ is putting this into a laptop (as a standard feature??)...as well as whatever other methods IDX has in place...so what kind of sales are we looking at? Any idea? Just a ballpark figure...that's all I am after.
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