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Non-Tech : Bill Wexler's Dog Pound
REFR 1.241-2.3%3:47 PM EST

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To: Dale Baker who wrote (8533)4/17/2002 11:47:41 AM
From: David  Read Replies (2) of 10293
 
Dale, you need to go the company's release to get the full info. The key fact, for longs and shorts, is that IDNX is forecasting security revenues to be about 40% above earlier estimates. The security division is where the future of the true biometrics market lies, and IDNX has had flat revenues there -- until now. The security division includes all the authentication functions, such as access control and IT applications.

I've often been frustrated with a "meets expectations" report. I liked this warning, and I notice the market doesn't mind it too much, either.

When IDNX and VSNX merge, there will be a lot of cost-cutting measures available. The first and most obvious area is in the tenprinter market; next would be consolidating R&D for internet applications; then I think cutting some international expenses. I know the two companies are anticipating an early profitability after the merger.
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