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Technology Stocks : Identix (IDNX)

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To: Caroline and Daughters who wrote (10265)9/10/1998 3:35:00 PM
From: Rob C.  Read Replies (1) of 26039
 
State of IDX???

When is the next news release due???

We need some hype. God knows the numbers are not going to be that great going forward. Just off a plane, I was reading a magazine that had a single digit reader connected to a PC for a price of $149.00. Boy are we going to be screwed if we are looking at product revenues. The margins are getting tighter and we haven't started making money yet.

We better start selling some more service related revenue items. Don't we get paid for background checks??? The Bio-ID market is getting really competitive on the low-end. I am starting to hope that someone buys the company(Verifone, LU, anyone???)

How many people here would take $10.00 for their stock right now??? God knows I would.

On the technical side, we have no support at all right now, the short term support is 4 1/2, the stock hasn't been this low since May of 1995.

Sorry to be so down, but I needed to vent somewhere.

Regards and luck to all,

Rob
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