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Technology Stocks : Identix (IDNX)
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To: TerryKrohe who wrote (6442)1/29/1998 10:00:00 PM
From: brad greene  Read Replies (1) of 26039
 
Terry,

Let me take a stab at it.....

Identix moved it's contract fingerprinting business that does alot of work for the states of Illinois and Indiana into the Joint venture.

So there may have been two machines at Sylvan centers operating....but the mobile service units that travel around the states would have been operating also.....and their revenue in with the joint venture revenue. The entire state of Illinois can't be fingerprinting at only two locations.

I hope this works.....I know that Contract Fingerprint Division was handed over to the joint venture.

bg

ps. Very good news about being paid in Asia.....now we can shut down the offices there and save about $1.5 million per year........as there will be no business there for the next ten years. Kessler can now raise his estimates.
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