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Technology Stocks : Identix (IDNX)

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To: Bobby Berry who wrote (6646)2/12/1998 8:57:00 AM
From: Hockeyfan  Read Replies (4) of 26039
 
Randy on the Bloomberg Forum!

Randy must have been busy yesterday. He was also on the interactive Bloomberg Forum yesterday. Serious brokers with $1000 per month Bloombergs on their desk can pull up the interview at will.

Highlights were:
- Infrastructure investments were made over the past 12 months that will allow Identix to leverage its international sales effort by adding sales reps at very little incremental cost.
- "Old-fashioned" cost controls will reduce SG&A
- IDX is focused on internet access and Ecommerce
- 75% of current customers are govt agencies, but that mix is changing - IDX sold several thousand units to Bank of Conavi and Bank Central Asia
- Cook county order has not been delivered yet - Oops!
- Sylvan JV is very exciting - currently in 14 cities, but plan to ramp up very quickly

Total interview time was almost 11 minutes

I think Randy is scheduled for "Regis and Kathie Lee Live!" today.
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