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Technology Stocks : Identix (IDNX)

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To: jean who wrote (10181)9/4/1998 10:42:00 AM
From: brad greene  Read Replies (1) of 26039
 
Jean,

Sorry......but hey...IDX is now trading at 1x sales.

For a company who controls 70%+ of their industry.........there just may be some value here.

And heck.....there is a million shares short....How low to these folks think IDX will go?

The market has made IDX a super value here......but you still have some events coming that will rock the world....Clinton is going down....may not make it through the weekend, and Latin American markets are going to fold up. Next week may look better.

bg

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