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Technology Stocks : Identix (IDNX)
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To: brad greene who wrote (9363)7/17/1998 1:31:00 PM
From: David  Read Replies (1) of 26039
 
Re: Buyouts in the industry . . .

I saw a couple of small players bought out in the GPS field (NovAtel and Ashtech) that were having trouble competing with TRMB, the company I held, but the P/S valuations were low and had no effect on TRMB stock, even though TRMB had better growth, etc. So I'm not sure I would agree with you on that.

But we do agree that the value of IDX live-scan is not being reflected in the stock price. To me, this is not a speculative analysis. There are sales and profits and high growth.
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