Identix (IDNX) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Identix (IDNX)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Badger who wrote (29)	1/18/1997 9:49:00 PM
From: Steve Felix	of 26039

Badger, the only earnings projections I have seen for IDX are for .13 for the year. I have no idea how analysts can figure that. These same analysts had IDX being profitable last year. They would have been except for their aquisitions. At their annual meeting the company authorized more shares, for what? Using them to buy another company or to raise capital would dilute earnings. I don't think they authorized them for nothing, as the company has shown that they want to compete for market leader, through r+d and aquisitions. IMO I think the company can meet or exceed the .13 for the year if all things stay the same. But I don't think they will. In the short term they will be against a quarter with a .03 loss last year, so anything on the positive side will look good. Looking further out Standard and Poors Report reports .19 cent loss third quarter last year. Barring anything unforseen they surely would blow that away with or without Oracle. Don't see much down side risk here,at least until after the third quarter, but there is no such thing as a sure thing.Steve

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next