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Technology Stocks : Identix (IDNX)

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To: Sheldon C. who wrote (4205)	10/16/1997 9:36:00 PM
From: brad greene	of 26039

Is there a place in this world for a cynic? Sheldon, I can. It is technology value. Even though FINX has no sales.....They may have a machine that could be of use to someone. Who, I don't know......But imagine how proud SACM would be if they had a Ten Printer that was certified by the FBI.......Their stock would double or triple.....and they would still have no sales. The real danger would come when they became profitable.....and some enormous PE is attached to the stock. The key is to never become profitable. You mention AFIS.....analysts are now estimating significant loses for the next two years because of their move into 911 sevices......And the market loves it!.....No high trailing PEs to deal with for two whole years....... I'm telling you, the strategy works. Never get off the "developmental company" boat........NRID hasn't.....and they are hanging in there at a buck. Lord help them if they make a penny some quarter. Go figure. bg ps. Sheldon.....Is NRID covered by anyone?...... pss. Rob....My prediction for tomorrow........IDX down to where ever you say.......on volume of about 13,000 shares.......

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