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Technology Stocks : Identix (IDNX)

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To: steve who wrote (9141)7/6/1998 4:44:00 PM
From: David  Read Replies (2) of 26039
 
Steve, I think we are in for a very good week, or at least a good month.

There is no sign of bad news out there. None. We had no preannouncement warning on earnings; we got the DBII suit won; we have the INS installing machines without any competitor announcing they are supplying the INS. In fact, I think this means we have the INS naturalization deal. I am as optimistic short term as I've ever been.

As to timing, well, good news is out today and Tuesday and Thursday are still ahead. Further, I would expect some analyst statement soon regarding the DBII matter. At some point I will try to run some numbers on the TP-600 market and ANADAC revenues.

I'm not a big believer in market maker manipulation outside the penny stock arena. This stock has already turned around from its low two or three weeks ago.
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