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Technology Stocks : Identix (IDNX)

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To: steve who wrote (11582)12/4/1998 5:46:00 PM
From: R. Jaynes  Read Replies (2) of 26039
 
steve,

I think TRW and NEC were bidding on HANIS project - IDX was not directly involved as far as I know.

marvin,

We know you are concerned about the insiders selling but I still wonder who our after 4:00 guy is and why does he keep buying? What does he know? Is it an individual or an organization of some kind like a mutual fund or investment bank? If an individual, he sure is spending a lot of money for what? If a fund or investment firm, then why? If some sort of insider, are they trying to keep the price up to sell their shares? Whoever it is, he/she/they/it (take your pick) started back in about August or September when the stock was at 5 or less and he hasn't stopped since. The stock has about doubled and he is still buying. Why? Is there any way we can find out? Does it matter? It could matter a great deal if we knew who is doing the buying. Is anyone as curious about this as me?

Cheers.

Rick
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