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Technology Stocks : Identix (IDNX)
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To: brad greene who wrote (11950)1/8/1999 4:00:00 PM
From: David  Read Replies (1) of 26039
 
I think I get to shovel a little snow no matter what IDX does.

It looks like a $10 close, especially if the usual PSE trade shows up. However, the company has not released any significant information since the IDT acquisition, and the stock remains in an uptrend. I think we are just seeing the effects of a rebound in the small-cap tech stocks. The drop to $5 was not company-specific, and the rise back to $10 is not completely event-driven.

However, if IDX has some big news to pop, it will go farther if the stock is heading up at the time.
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