SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Identix (IDNX)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Night Writer who wrote (4830)11/7/1997 12:09:00 AM
From: Loretta Fern  Read Replies (4) of 26039
 
Dear NW, Jerald and others pessimistic about IDX,
IDX's blue sky is falling you seem to be saying. Please post hard facts and objective reasoning to support this view. I am quit long IDX and my bias may prevent me from viewing IDX objectively and rationally. I just don't see the sky falling at this point.
Jerald-- you write "our market is getting chewed up by bigger and bigger players." Who do you mean? Its not DBII. They have consistently lost market share to IDX for several years now and they are not a big player. Sony? Find out how many dollars of biometric equipment they've sold. Lockheed-Martin? Ditto. Jerald , please tell me who is making all the money in biometrics and where IDX has lost market share. One thing to consider is the biometric industry itself. It has not yet exploded. The Japan contract which has been talked about on this thread for a long time has not been awarded. Its not IDX's fault. They have not lost the contract. Its just the status of the biometric industry. This is true for many areas of blue-sky for IDX. The market inertia needs to be overcome. As you read this thread it must be apparent that IDX is laying down a substantial foundation, and biometrics is beginning to be noticed.
Jerald-- "like watching an iceberg melt." Product revenue up 40% year-to-year. Joint-venture with Slyvan. Acquisition of BAT. Oracle product on market. I just don't see it melting.
NW--"the story is getting thin." The story as I read it, is IDX entwined with biometrics. You read this thread. Seems to have alot of story on both. What is really getting thin is patience. IDX stock price was $3 in 1994. In 1997 its $10. IDX is positioned well in a market set for rapid growth. They have set up global alliances, sales force and markets. Their CEO is a pioneer and innovative force in
biometrics. IDX is pushing biometrics everywhere. Airports...Slyvan...Pentagon...time and attendance...banking...This is your IDX leading the world into these areas. Nobody else is doing what IDX is doing first They are all following.
There will be great competition in biometrics, and IDX won't have all things go their way, but I still don't see IDX's blue-sky falling.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News