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Technology Stocks : Identix (IDNX)

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To: Ron Ohio who wrote (19390)12/11/2000 9:30:27 AM
From: brad greene  Read Replies (1) of 26039
 
Buy Time

Marvin,

There are several positive "talking points" the Commission can offer. The Commission is very bullish.

First.....You have this Florida mess that may be just about done....The Commission feels that many companies have held back major news due to this little "diversion".

And the chart for IDX is showing that a double bottom has been hit at around $9.50.....(Oct/Dec).....Perhaps indicating an oversold condition?

If you pull a one year chart....you will see that IDX went from $8.00 per share to $20.00 per share in this same 3 month period last year...Q3. This is good.....yes?

And....I believe the new TP machine should be shipping very soon?....What's the backlog? Many of the larger TP-600 installations are about 5 years old...or older? Will we begin a new product cycle?

And.......I must point out.....that IDX stock in short position today is about double what it was one year ago. This is monster pent up buying....waiting in the wings.

And Motorola paid $16.00 for IDX stock....and has warrants for more at $17.00+. This indicates relative value.

Good stuff.....Getting Gore gone kicks off a nice rally. Is Gore gone?.....Does the nation catch a break? I hope so.

bg
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