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Technology Stocks : Identix (IDNX)

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To: jean who wrote (4738)	11/3/1997 12:10:00 AM
From: brad greene	Read Replies (2) of 26039

Jean, AFIS quarter results.....Oh no!......What does winning every contract get you? biz.yahoo.com SG&A at about 25% of sales Operating income before write-off......Down!.....20%...Ouch! And that's including a $500,000 cut in R&D......Holy cut-back! 28% sales increase.......not quite up to IDX standards.....Sorry. Could this be the "quality growth company" we have been hearing so much about?......Look for IDX to be doing 3x the sales AFIS is in two years.......a happy thought. bg

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