Identix (IDNX) Message Board

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Technology Stocks : Identix (IDNX)

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To: R. Jaynes who wrote (19284)	11/28/2000 5:29:11 PM
From: RMP	Read Replies (1) of 26039

Rick, Very interesting... thanks for the link. Below is the link to the story on II individualinvestor.com Can someone comment about the two negatives mentioned below? Although we are intrigued by Identix's technology, we would not be buyers of the stock at this point because of the company's precarious cash position. Identix burned through $8.1 million on an operating basis in its most recent quarter, yet had only $13.1 million in unrestricted cash left as of September 30. Investors would be better served adding this issue to their watch lists in order to track the burgeoning biometrics industry, which still has a way to go before reaching critical mass.

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