Message from brad greene on Nov 19 1997 7:57PM EST
steve,
8,7% is good........can go up alot...and will.
Any short interest numbers out today?
Short guys are about to get creamed......IMO.....
It will be funny....IMO.
bg
Brad, The "short guys are about to get creamed" line is beginning to get as old as Kessler's target of $18 within twelve months. (that one is over a year and a half old and has not been revised). I sense that many long holders of IDX are beginning to push out the time frame as it relates to their expectations for the stock price. If the INS does buy a substantial amount of equipment from Identix this year, and the one time huge order gives us a good run, I will consider selling a bunch of my long held stock and getting back in later. After all, Kessler quietly moved his .40 EPS projections from 1998 to 1999. I know that you and others have predicted $1.00 EPS FYE June 1998 and have not publicly moved from there, its starting to get late in the year with only .04 (.02) behind us. I know there are a lot of big projects ahead, but as we have seen, those kinds of things take a substantial amount of time to go from planning stage to money on the bottom. And even then, as with Oracle which many thought would be a huge boon to IDX revenues, ramp up is very, very slow.
I love the company and its position. I just question the comments that suggest that the party is about to happen. -Hal |
