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Technology Stocks : Identix (IDNX)
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To: Ed Flynn who wrote (7315)3/22/1998 12:37:00 PM
From: brad greene  Read Replies (1) of 26039
 
Ed,

You are correct.

Machines are sold to a third party leasing company as an outright sale. IDX has nothing to do with it after that.....except perhaps a non-binding pledge to assist the lessor in remarketing the machines at the end of the leasing period...if new machines are installed. I don't know the lease duration or whether the lease would be renewed or what. I think it would depend upon whether or not IDX has a new model of TP by the end of the lease period.

Perhaps the old second hand machines could be offered to those who are looking at new DBII machines?

bg
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