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Technology Stocks : Identix (IDNX)
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To: Hockeyfan who wrote (3913)10/11/1997 12:21:00 PM
From: J L Segal   of 26039
 
ALL IDX: Good summary from IDX expert(IDX4EVER)on AOL:

Subject: Re: Help me! Help me!
Date: Sat, Oct 11, 1997 09:23 EDT
From: IDX4EVER
Message-id: <19971011132301.JAA00754@ladder01.news.aol.com>

My phone is ringing and I am sitting in a chair. Can you bring the phone to me? Your legs work very well and I don't want to get up. Maybe you didn't here me. I need the phone!

Brutusone, I knew we could count on your to start spouting off again. After all, it has been nearly two weeks since IDX's last press report. OK. For the benefit of some of the new people I will attempt to answer the questions you are raising.

1) Oracle is proceding slower than everyone expected. but is picking up steam. There are 4 or 5 large potential customers currently doing pilot tests. Jeff Kessler's First Call note indicated that most Oracle's sales reps have now been trained to demonstrate the TouchNet Advanced Networking Option. Oracle has started to run 2 second commercials to get attention as part of a large advertising campaign for the TouchNet. I can't remember the
source, but I read on SI that Oracle officials think that the TouchNet capability will be a significant driver in the sale of Oracle8.

2) Automobile door lock application is also progressing slowly. Randy never said that this market was imminent. I expect we may actually lose this market to the cheaper chip sensors like Veridicom/Thompson unless the auto companies ask IDX to integrate the chips for them. The automakers are very price conscious.

3) Credit card applications are still more than a year off. This is evolving faster over seas than here. I believe that our chances are good for MasterCard and others due to our relationship with HP/Verifone. Randy has always said that this was a few years off.

Anyways, these application have been replaced in importance by the INS IDENT ($16mm) and citizenship naturalization ($26 mm) orders, the Sylvan JV (TP600 sales + recurring revenues) and other imminent orders that will cause IDX's earnings to leap more than tenfold this year. Where have you been Brutusone? Did you even bother to read the Annual Report or do you need someone to spoonfeed you? If you did you would have seen on p.9 that we are shipping
product to the UK and saw the picture of the TP600 Palm Scanner that will be used in Japan and that we are working with Computer Associates do develop a seamless technology tie-in similar to Oracle. I suppose you don't even know about the Turkey contract yet. Come on Brutusone, GET OUT OF YOUR CHAIR!
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