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Technology Stocks : Identix (IDNX)

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To: David who wrote (16122)12/29/1999 12:25:00 PM
From: J L Segal  Read Replies (1) of 26039
 
David, I like to think that the glass is half full. Obviously, that's why I'm still here.

I'm not so sure you can make a fair comparison to the recent (partial rebounding) performance of the smaller cap internet security stocks such as SCUR and AXNT. Unlike IDX, those stocks were hit very hard right around April 1st (tanking a whopping 75%), due to Y2K spending. (I own both) Although, there will be a lot more spending on internet security, post Y2K, and I do believe investors will finally wake up and realize that biometrics will play a very important role in this field. That's why I decided to add to my IDX position - picked up more around $7 last week. These were going to be 'trading' shares, but now I'm thinking 'long term' :-))

JL
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