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Technology Stocks : Identix (IDNX)

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To: marvin smith who wrote (4858)11/7/1997 4:51:00 PM
From: Steve Felix  Read Replies (1) of 26039
 
Marvin, A point well taken in that there is always someone in any market who shops on price alone. Randy has stated that IDX cuts the margin for no one. Many are in this business though few are profitable at this point. DBII last nine months: sales 8.08 million eps -.45 although on half as many shares as IDX. With this technology quickly advancing it will take r+d money to stay in the game, let alone ahead. IDX may have doubled their r+d $ over the same quarter last year, but they paid for it out of profit. Now to me that is a happy thought, and to finx, nrid, dbii, sacm,and others, still a dream.
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