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Technology Stocks : Identix (IDNX)

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To: jean who wrote (25729)	4/1/2004 9:48:33 AM
From: Ron Ohio	Read Replies (1) of 26039

Hi Jean To see Crossmatch featured in Time magazine article did not surprise me. I believe that Crossmatch wants to go public with an IPO. An IPO will bring in a large amount of working capital into the company. Secondly it gives a more liquid market for the original investors to sell their stock. Last of all the IPO increases the value of the original investors stock depending on the price of the offering. With a win or sharing of the BPA, the value of the IPO would have increased dramatically. It would allow the Company and original investors to reap a bonanza. The IDX win of the BPA has cost their investors a ton of money. Consequently, they are going another way, and that is to promote their stock through the media. I’m sure they will also try and get on CNBC. I wouldn’t be surprised that they will go public when they win some type of a major (to them) contract. Obviously they will be no mention that they were second rate to IDX in government evaluations. However they would have to mention that IDX was a top competitor in their IPO announcement. Ron

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