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Technology Stocks : Identix (IDNX)

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To: ed doell who wrote (4848)11/7/1997 11:24:00 AM
From: Steve Felix  Read Replies (1) of 26039
 
Ed, You shouldn't laugh at my posts or choice of words. Nervous Nellies was the perfect term to use. Lorettas' post was just great, and I think David hit it on the nose. IDX is a small market leading growth company, in a market that to us is opening excruciatingly slowly. It may take more intestinal fortitude than many on this thread have to hold it. There is nothing wrong with that, as each must know his/her own risk tolerance. As IDX rises and dips over the coming years, much money will be left on the table IMO, just like two weeks ago. Just as now, it will not be 'easy' to ride IDX if/when it takes off. How many people sold Intel on their first double, leaving someone else the bulk of the gains? Personally I distance myself from daily movements by watching trailing 12 months revenues. When they fail to rise I may change my name to Nellie. I expect that to be quite a while, as we all know what direction they have been going. Barring that I'm in! P.S. I only put in the if for the Nervous Nellies. P.S.S. My previous post about getting into Printrack ( I spell it wrong on purpose, like NRiD ) if you want earnings now, is now defunct. If looking for biometric companies with a P.E. the list is extremely short!
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