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Technology Stocks : Identix (IDNX)

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To: marvin smith who wrote (5193)11/19/1997 9:11:00 PM
From: Rob C.  Read Replies (1) of 26039
 
Marvin,

Our day will be my day as well...I always had and will have a long position, but until Randy shows me the money, I will sell my 20 calls every month and make money on this situation in the mean time. I will be long 4,500 shares if my calls don't get assigned, if they do I buy on the next dip and write when the stock runs on some kind of news.

I remain bullish on the stock, but after speaking with Oracle's investor relations, I have become more realistic. The Touchprint is the highest level security option on their network product and the woman from Oracle didn't make it seem like our scanners were flying out the door. She also said that IDX is under no gag order from Oracle on any substaintial orders they recieve.

IMO Sylvan has much more potential than ORCL and the INS deal has some good upside left (Assuming we get more orders)

BTW I hope IDX runs to 20 tomorrow, I still get the upside on 2,500 shares. I don't think we will have any such run until after we get big time earnings.

Regards,

Rob
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