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Technology Stocks : Identix (IDNX)

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To: brad greene who wrote (4568)	10/28/1997 9:23:00 PM
From: Steve Felix	Read Replies (2) of 26039

Brad, Expectation are sometimes the problem. IDX shot up on the Oracle announcement on expectations. Many thought the revenue would just roll right in. Biometrics is in its infancy. As per the conference call, compared to Oracle, we are the little guy. Opening those international offices should help greatly. I know many who share this thread now had never heard of IDX when they were posting losses quarter after quarter. A break even quarter looked good then. My glass is over half full. Six quarters in a row without a loss. IDX quarterly revenue has been over 15 mil. only twice, the last two quarters! 400% earnings increase. This quarter = 35% of last years total revenue. Personally I liked the way Randy sounded a little smug when talking about 'them coming to us'. Also anyone who has followed IDX should know that the R+D money is not wasted. Onward and Upward... He did say " The darling of the show"... Sooner or later Ratman will be cornered!

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