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Technology Stocks : Identix (IDNX)
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To: Rob C. who wrote (6618)2/11/1998 12:20:00 AM
From: brad greene  Read Replies (2) of 26039
 
Rob,

Nope. Identix will break out of its trading range very soon. The breakout will be event driven and will have legs. Spring will be good for longs.

Many Commission members are reporting interesting activities that should not be discussed here yet. Project level information, Rob....not PR information. Founding members are not selling calls at the moment.....Buying perhaps, but not selling.

Those who feel that IDX is treading water as many small frys forge ahead into an Identix-less biometric standard world are not aware of developing projects and pending sales.

One thing that I can confirm tonight is that the Sylvan Joint Venture is proceeding with somewhat large numbers of machines being placed in large cities across the United States. I have had the chance to discuss the project with an individual who is involved with the project but does not work for Sylvan or Identix. It is my strong belief that all of the Joint Venture TP-600 machines will be sales (40k+each) for Identix. Large contracts for the joint venture are close.......many, not one. It is very plausable that over 100 machines will be placed this year......as about 1/2 that number are going in......ah.....now.

bg

ps. Good luck with the call writing....Three days running, my buy orders placed at mid-point have not been filled....even though the spread has been a full 25%+ of the option price. Huge spreads and no deals.......Looks like up, Rob......watch the larger blocks start moving......Institutions are finding out what we are finding out.
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