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Technology Stocks : Identix (IDNX)
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To: Scott T. Fukuyama who wrote (6216)1/16/1998 12:00:00 PM
From: David  Read Replies (1) of 26039
 
Sign of possible INS contract problem . . .

The January 14 LA Daily News reported that the first of twelve LA area INS fingerprinting centers opened this week but also noted "The Los Angeles and Santa Ana centers will be equipped with fingerprinting computers, while the rest of the centers, including the one in Van Nuys, will continue to fingerprint manually, until the INS receives more funding.<i/>

Here's my take: Last year's IDX contract is being spread around to open the occasional computerized fingerprint facility, but as we know the new contract has not come on line. The fact that the INS is reduced to taking manual prints as an interim measure implies a delay that we're not going to enjoy very much. If the new money were coming quickly, they wouldn't have to bother with a manual system on an interim basis.

David

Scott -- I like your knowledgeable interpretation of the potential Oracle deal better than my ignorant one.
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