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Technology Stocks : Identix (IDNX)

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To: steve who wrote (4638)10/30/1997 12:06:00 PM
From: Elvis Jones  Read Replies (3) of 26039
 
Steve,

Thanks for the AOL posts. Nice to have a second opinion and a look at the issues throwing water on the stock.

Also, I just got the opportunity to read Kessler's update. He went to great pains to say he wasn't disappointed with 2 cents. Actually, he mentioned that actual EBIT of 900k was over his estimate of 700k. That tells me he wasn't disappointed.

I still think Kessler's numbers and $18 target is reasonable, regardless on the market. And even I get tired of the "$200/share" hype talk. This thread does lose credibility when we start overselling the story. Many companies wind up with legit shareholder suits when that happens as well.

Happily Long IDX,
Duke
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