Identix (IDNX) Message Board

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Technology Stocks : Identix (IDNX)

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To: David who wrote (10198)	9/4/1998 5:02:00 PM
From: brad greene	Read Replies (1) of 26039

David, I can't agree more......Brad's post is "right on". The most important points are simply that IDX is trading at less than 1x this years sales......This is fire sale for a company that has such a dominating position in their respective market. Anyone who investigates similar market dominators, will find, profitable or not, they are valued at 2.5x to 5x sales. Identix's growth rates and dominating market position is not showing up in it's share price. With one million shares of IDX in short position..(15+ days to cover)...the funds and individuals who hold these positions must be asking themselves whether there is one heck of a lot of downside left in this stock.......They already are showing 100% gains. Unless they are expecting Fowler to be arrested, or a bunch of lawsuits to begin falling from the sky.......They should be in a covering mood. If they wait too much longer.....IDX may just help them see the light. bg ps. I must correct you......IDX sells for $ 5 1/8 right now. It was very strong in the last hour.......A short who read my post, no doubt.

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