Identix (IDNX) Message Board

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Technology Stocks : Identix (IDNX)

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To: Hal who wrote (3719)	10/7/1997 10:01:00 AM
From: Wendell Holmes	of 26039

Maybe the 2 estimates carried here are Lehman and <not-Sutro>. The revisions column says no changes last 7 days. I think the 36,000 shs someone thought they saw was perhaps a recap, not a real trade. Montgomery says no such trade, that the last trade was at 7/8.. Jerald, good points about what may be plaguing IDX's price. However, never underestimate how quickly a couple of point-plus up days can change one's outlook from "that dog" to "I KNEW all along this one was a winnner".I'm still struggling with the estimates for Q1. Some big contract supposedly slipped past the yr end and should give a boost. Why are the estimates stuck? Would the analysts rather revise upward after the fact? Would the company prefer that? Are they in fact hoping to bag the shorts when they come out way over without having warned of good news? Or do they have , as someone else mentioned, the deal closing costs associated with BT and maybe some other things to dump into this qtr. What's the expected date for reporting? Just after the Oct's become history, no doubt. Well, at least the Nov's are good til the 21st.

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