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Technology Stocks : Identix (IDNX)

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To: brad greene who wrote (16307)1/10/2000 5:43:00 PM
From: David  Read Replies (3) of 26039
 
Brad, no, no, no, no . . .

Think about it. If you set up "FlyByNight Sales" on a Website (with a little spider-and-fly logo), boasting about "the lowest prices anywhere . . . we take cash or certified checks," how does a fingerscanner on the home desktop help stop the fraud? How does a fingerscanner back at FlyByNight stop fraud, since all it will do is assure Mr. Consumer that he is, in fact, dealing with FlyByNight where he gets the lowest prices anywhere?

That's not where the money is. It's with Sears or Amazon or Dell getting assurances that Mr. Consumer owns that credit card, and isn't Mr. RipOffArtist.

And Stockman17 on Yahoo is absolutely right about this type of fingerprint ID having nothing to do with court-accepted fingerprints. Remember, the tenprinter identification prints are images . . . Dragnet . . . Hawaii 5-0 ("book'em, Brad-O"), while these are small, cute little digital templates that can't ID or be reverse engineered -- even if they started with a minutiae base. No Ratman, but also no goodwill in the courts. Totally different technologies and usages.

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Is anyone else getting the feeling that biometric companies in general are being "discovered" -- again? Including us, this time.
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