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Technology Stocks : Identix (IDNX)

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To: Sheldon C. who wrote (6373)1/26/1998 8:10:00 PM
From: Steve Felix  Read Replies (2) of 26039
 
Sheldon, Seems Value Line doesn't know if the earnings multiple should be 20X or 40X. Maybe it should be 60X. Of course maybe the earnings will only be .50 Or maybe $1.50. I don't have much faith in predicting numbers too close in the biometric marketplace. It is way too young. The company is going in the right direction and I don't have them on a time schedule. As one infidel to another how far in the future do you see NRiD turning a profit? What does the Value Line Report on NRiD say? IDX almost traded at a double digit PE multiple today, but hey, tomorrow is another day.
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