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Technology Stocks : Identix (IDNX)
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To: Page who wrote (5866)12/19/1997 7:18:00 PM
From: Buck  Read Replies (1) of 26039
 
Page, The reserves may not make it, but The company has been reserving money off the bottom line for the lawsuit and that will no longer be needed.
In short, whatever their earnings are, they will be up a couple of pennies because the lawsuit was settled. A couple of pennies makes a drastic difference on the P.E. Also, many investors shy away from companies with lawsuits hanging over them.
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