Identix (IDNX) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Identix (IDNX)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Buck who wrote (8838)	6/18/1998 4:38:00 PM
From: Hockeyfan	Read Replies (2) of 26039

The world gone mad? I have hesitated posting on the recent price decline. Nothing I could post would restore the confidence of the LT holder that is currently selling or scare the shorts into covering. With at least 30 days to go until release of 4Q98 earnings, we appear to be at the mercy of the sellers. Everything I can piece together tells me that the current intrinsic value of IDX is more than twice the current price, but IDX can not reach this equilibrium price until they communicate details of future prospects to the public. For example, if IDX was currently performing on a $30 million Bio-ID contract (I just made this up) and 4Q98 earnings were going to be twice estimates or better, it wouldn't save the stock until the story is released (not likely) or IDX reports numbers next month. I acted on my belief by buying @ 6 3/16 on Tuesday. I will buy some more tomorrow. I know of no negative information the has not been disseminated. I believe the future of IDX is brighter than it has ever been, but none of this matters unless our fearless leader communicates this message to us and soon.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next