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Technology Stocks : Identix (IDNX)

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To: David who wrote (5492)12/3/1997 6:03:00 PM
From: J L Segal  Read Replies (2) of 26039
 
Reuters "RESEARCH ALERT" - Identix seen strong buy (just hit the tape)

(REUTERS) RESEARCH ALERT - Identix <IDX.A> seen strong buy
RESEARCH ALERT - Identix <IDX.A> seen strong buy

NEW YORK, Dec 3 (Reuters) - Westfalia Investments said on
Tuesday it placed a short-term strong buy rating on shares of
Identix Inc based on technical analysis of the stock.
-- "We believe Identix has formed a solid base around the
$10 level based on the strong buying we have noticed at this
level," Peter Cardillo, director of research said.
-- Sees stock moving above $12 per share short-term.
-- Stock fell 1/16 to 10-3/8.
((New York Newsdesk 212-859-1610))
REUTERS
*** end of story ***
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