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Technology Stocks : Identix (IDNX)

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To: Bearded Lady who wrote (9066)7/2/1998 2:32:00 PM
From: brad greene  Read Replies (2) of 26039
 
Bearded Lady,

I know you mean well....But replacing Randy would be a very poor Idea......Unless it was with Warren Buffett or Bill Gates or Steven Spielberg....or Buck.

Fowler has built IDX from scratch.....knowing that times like these would come. He bought Anadac to gain the revenue stream...and it was a good thing he did. He bought Fingerscan....and gained a great product that sells well world wide. He bought another company for software development and another for contract fingerprinting.

He has forged LONG term relationships with Oracle....NEC.....and Sylvan. All three are LEADERS in their industry.

Randy has made long term investments. He has/is building a company that will dominate the industry by surviving with strength while others are shrinking or going under.

I have followed IDX since the time when they were neck and neck with NRID. $1.00 stock....no sales.....big dreams. It was a toss-up. Just take a look at what has happened. IDX is now a $100 million in sales company....while NRID.....well, you know.

All of the biometric stocks have been hit. Hit hard....really hard in most cases. This is not Fowler's fault. He can't make the world embrace biometrics. All he can do is stay the course. Invest in the future....stay profitable....and prepare to take 80% of the market.

If the market ever explodes....Randy Fowler will be one of the smartest guys around.

I think all of the talk about booting him is either by folks who don't know what he has done....or are short the stock. There are plenty of both around.

Just me, folks.....I think IDX has been a baby that has been thrown out with the bathwater.

bg
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