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Technology Stocks : Identix (IDNX)

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To: Steve Felix who wrote (4613)10/29/1997 7:22:00 PM
From: brad greene  Read Replies (1) of 26039
 
Steve,

Holy Moly!.......Printrak lost money.......Oh my word! Their PE will skyrocket and their share price will be cut in half at least. This could go on for a couple of years at least. My world has been shaken!

We all kept looking at that 26 PE thinking......"Wow, what a deal!...what a value!".....Only that "diss" group the Commission was saying "watch out, it ain't as good as it looks"

I can't continue this post, Steve....I'm in a state of shock. I'm at a loss for words.(can't remember the last time that happened) I need to gather myself.....by smoking a cigar or two. He he he.

What happened to the BIG Printrak growth story? The Rolls Royce in Aspin story where the CEO sits by a ticker machine watching the price of AFIS stock as he sells 100,000 shares per month for estate planning purposes?.......What happened to the winning every contract? "Oh Louisiana!....Where have you gone?...we rode you to PE heaven and without you .........well, Bob won't buy."

bg

ps. I predict pain for AFIS tomorrow....3,800 shares traded today.....I'll bet they do double that at least........

pss. AFIS....meet DBII.
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