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Technology Stocks : Identix (IDNX)
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To: Night Writer who wrote (6127)1/12/1998 12:41:00 AM
From: brad greene  Read Replies (1) of 26039
 
Night Writer, Several Commission members have not been able to access SI due to the "attack".......They are now concerned about the security of the internet.

That may explain why I seem to be the only one hat seems to be very excited about the NEC win in Cook County. There is a chance that the Chicago Tribune story has scooped both NEC Technologies and Identix. We have three sources to tap tomorrow...and should be able to report back. I hope that NEC is going to be the input machine provider....and have a cigar ready.

More from Salomon........

2nd quarter estimates...Sales...$19.3 million. Product....$9.7 million, Service....$9.5 million. Earnings.....4 cents. Product margin....51%. Service margin.....16%. SGA....22.2% of sales...down from 34.2% last year 2nd quarter.

As of November 19th 1997...Salomon has no position in IDX stock.

E-Commerce may be the Holy Grail.....We expect e-commerce to explode during the next four years from about $2.2 billion in 1996 to more than $220 billion in 2001. The majority of growth likely will come from business to business commerce with about 5% of the total from retail sources.........We expect financial institutions to be early adopters.

Computer network security......As corporate assets increasingly move from hardware to software, knowledgeware and information, we expect that the need to securely manage access to information will grow accordingly.

Earnings growth....On a consolidated basis, Identix will likely increase earnings at about a 65% compound annual growth rate during the next four years.

bg
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