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Technology Stocks : Identix (IDNX)
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To: brad greene who wrote (15696)11/26/1999 1:41:00 PM
From: Jaunatxo  Read Replies (1) of 26039
 
Valueline Special Situations report Nov. 22 Conclusion
" The success of IDX depends on the widespread adoption of its technology as a workaday replacement for computer users' myriad passwords. As long as its product sales are limited to govt. and law enforcement agencies as well as high-end computer systems, the timing and magnitude of its sales growth will remain unpredictable. We are reducing our estimates for fiscal 2000 until the company can manifest the jump to widespread consumer use that we envisioned when recommending IDX. Our current estimates for fiscal 2000 call for revenues of $80 million and a share loss of $0.20. D.J.H"
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