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Technology Stocks : Identix (IDNX)

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To: steve who wrote (4504)	10/28/1997 10:16:00 AM
From: brad greene	Read Replies (3) of 26039

steve....I'm the man. Margins came in at 54%...above the target of 50%..... R&D was huge expense.....$ 400,000 or 3.5 cents extra....... went into bringing out the 3 or 4 new IDX products.......I have no problem with IDX investing in future sales. Legal expenses are high....but will go away someday. Sales were disappointing......I hope a few of the big contracts were not in the quarter......If they were not.....they will be in the next quarter. We should listen to Randy........Things may not be nearly as bad as many of us think. bg ps. Kessler will want to know about SG&A.......I hope IDX made progress in this area.

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