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Technology Stocks : Identix (IDNX)
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To: Buck who wrote (5469)12/2/1997 6:51:00 PM
From: Elvis Jones  Read Replies (1) of 26039
 
I did a reassessment of my 12-18 month targets on most of my stocks today.

My old target for IDX was $16-18. My new target for IDX is $24-26.

I base this on the Zack's mean estimate of 39 cents next year and a reduction in the PE from the 150's to around 65.

Someday, Brad, when I revise it to $200, I will admit you were the first one there. And I'll give you a box of real cigars for your call.

Happily Long IDX,
Duke
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