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Technology Stocks : Identix (IDNX)

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To: J L Segal who wrote (5849)12/19/1997 6:42:00 PM
From: Rob C.  Read Replies (1) of 26039
 
JL,

I wouldn't sell the calls unless the stock gets higher than 11 1/2. It seems that 12 is a brick wall. The market should rally next week taking ID back to it's comfort zone of around 10 5/8's. That IMO is the correct price on the stock. With the lawsuit cleared up, the shadow is now lifted, BUT Randy MUST SHOW US THE GOD DAMNED MONEY!!! This quarter, not next quarter, and BTW where is the cash reserves for the legal expenses and do they get put into the number for JAN???

BTW I am currently long 4,500 shares. I had an open order in today for 2,000 more at 9 5/8's and never got filled. The SOB specialist wouldn't sell me the stock. I wanted to sell 40 calls for January.

Regards,

Rob
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