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Technology Stocks : Identix (IDNX)

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To: Steve Felix who wrote (5547)12/4/1997 4:56:00 PM
From: David  Read Replies (1) of 26039
 
The stock was moving up all day, both before and after 11:50. These brokers, I think, are out of the loop. We're moving up either on (1) a minor leak of good news coming very soon; (2) some institution is buying on their own research; or (3) the accumulation of buy recommendations over the past couple of weeks is making itself felt in small investor purchases (although some buys were a bit too big for this possibility). I think we continue to go up a little more, so Rob can get a shot at selling 12.5 options.
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