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Technology Stocks : Identix (IDNX)

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To: Hockeyfan who wrote (7490)	4/2/1998 4:02:00 PM
From: jean	Read Replies (2) of 26039

JSaf... Why do I suspect that Randy has already had the "tough questions" from certain investors who heard what he had to say and have been dumping their positions? The market always knows...Fact is that conference calls are rarely forums for meaningful exchanges of information. Instead, such calls tend to turn into mutual schmoozes. The analysts get to ask benign questions whose answers are already known, the CEO says it's nice to be able to talk to the analyst and then says how wonderful things will be. The analysts agree and the call ends. Sorry, John. If IDX execs. had wanted its shareholders to know about deferred deliveries and internal "restructuring" charges, they could have communicated it a lot sooner. In fact, they could (and should) have communicated it when they knew it which was probably last quarter. But, then, we'll never know for sure, will we? I, for one, would love to know how many shares the analysts were shorting as they were touting the stock to anyone with ears. Just another day being reminded of how fundamentally corrupt it all is. Definitely martini time... Jean

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