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Technology Stocks : Identix (IDNX)

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To: Carp who wrote (9229)	7/10/1998 9:20:00 AM
From: Hockeyfan	Read Replies (3) of 26039

Viisage really screwed up! They didn't claim to be reorganizing into an internet biometric security company and they didn't rename the corporation to something with SAF in it. I checked their chart. $18.75 to $2.75 in less than 52 weeks. Ouch! Market cap is now only $22 million. Even with fancy awards and media fanfare, they eventually had to face-it (pun intended). Sleepy old, poorly managed, underexposed, myopic Identix is the only biometric company making money these days. Just a thought. Identix, with its market cap of $164 million, could swallow up Viisage to become multiply-biometrically capable. Then IDX would avoid the certain death that the NRID fans have predicted for those companies relying on only one biometric technology, even though fingerprinting is the dominant technology.

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