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Technology Stocks : Identix (IDNX)

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To: marvin smith who wrote (9659)7/29/1998 12:04:00 AM
From: Buck   of 26039
 
Truthfully Marvin I think it is a non-event. It seems like we got the pop to reflect decent earnings already. I think we will trade with-in a very narrow range ( Box, 7 to 8 5/8) until the O'hare thing goes to national press release or we pop the big INS deal, or something else unexpected and big! Sales seem strong, the company is growing at a super 51% clip per year and we are headed for a booming market in biometrics. I don't think he gave us anything new on Bio-id other then to say we are not going to let the world pass us by. Sounds like the analysts and the company still think the market is not here yet. If we were in a dead market with no activity we would be the center of attention. Instead, we are buried in Monica B.S. and the market is near a dangerous top leading into the end of the century when all the doomsday people are saying it is the end of the world. On top of that, all the internet and Dow 10 stocks still have the attention of the market!

P.S. Jeez, I went back and read this post, and it almost sounded like I was serious for a change! I'll have to work on that!
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