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Technology Stocks : Identix (IDNX)

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To: Frank Haims who wrote (8321)	5/14/1998 9:39:00 AM
From: David	Read Replies (1) of 26039

The Bank of Cairo was that mysterious low-margin Mideast customer we heard about last conference call, it appears, so I don't think we're seeing a big profit here . . . but every other bank deal has come in installments, and I expect another, larger shoe to drop on this one. Since this is old news, I think we've been thrown a scrap. Why couldn't this have been announced back in March? Touchlocks are priced at over $2000 per unit, and the new generation which I expect would be involved in any future sales will be cheaper. Nonetheless, this deal is in the single-digit millions. More good news, on the political front -- The White House is announcing an electronic privacy initiative (and IDX is poised to catch the wave): washingtonpost.com

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