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Technology Stocks : Identix (IDNX)

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To: Rob C. who wrote (5579)	12/6/1997 12:37:00 AM
From: Buck	Read Replies (2) of 26039

Rob, I'm going out on a limb here and saying that your plan is good, but not ambitious enough. I feel the news is coming this time to back up the run, and the run is a long way from over. Good luck on your selling calls today, but I will wait a few days and sell Dec. 15 calls for 1 1/4 when they get there. I still agree we will not go ballistic without the earnings to back the rise, however I believe the analysts will be able to justify 15 soon! Just the fact that the thread is so quiet inspires me and should scare the shorts! 250 K, two days in a row! The base appears to now be building over 10 and well on the way up! The pull back today at the close was a healthy sign in light of the lack of news. Have a great weekend, future couldn't be brighter! P.S. For the Bears, all the indexs are approaching records. I would rather see our stock going up on its' own instead of being tied to the whole market! The question really is . . . Is it going up on its own, or is the market pulling it up? The Volume for the past few days and the up day in light of a down market would tend to suggest it is going up on its' own. Then again, is it coincidental that our the market seems to peak at the same time as our stock? I quess only time will tell!

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