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Technology Stocks : Identix (IDNX)

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To: jean who wrote (5409)	12/1/1997 9:36:00 AM
From: Hockeyfan	Read Replies (1) of 26039

New Kessler First Call Note! Title - New INS Funding Confirms Big Increase in Fingerprint Systems - September press reports indictaed that INS would likely need about 400 tenprinters, valued at about $22 to $24 million. -"Although their is no assurance that Identix will be a sole source provider (or that it would even be capable of providing such an amount sole source in a short period of time), it is likely that a material portion of the total INS order for fingerprint reader systems could go to Identix." - Kessler's current earnings numbers only reflect the confirmed order for 43 TP600s, valued at $2.5 million. - "We believe that the success of the TP600 in this application will hasten its adoption for other applications in both government (at airports for passport verification etc.) as well as commercial uses (time and attendance and data security.)" **************************** Not bad for a Monday morning!

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