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Technology Stocks : Identix (IDNX)
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To: Ron Ohio who wrote (25969)7/3/2004 9:39:18 AM
From: Ron Ohio  Read Replies (1) of 26039
 
With the BPA in IDXs pocket and the U S Visit as a 90% kicker, IDX is off and running.

We don’t know about Q3. However, we know that in Q4, 2 ½ mil in orders are already received and I wouldn’t doubt it will be doubled in a very short time. That ought to bring Q4 revenues up quite a bit.

My best feeling is what I had mentioned about 6 months ago. That is, with these large orders, the economy of scale will drive IDX’s cost down dramatically. This should allow profit margins to grow and make it more difficult for competitors to bid on future law enforcement business.

Finally as it was in the past few years, this isn’t “if” it will happen, it is here and now.

Ron
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