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Technology Stocks : Identix (IDNX)

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To: Ron Ohio who wrote (12765)	3/17/1999 12:27:00 AM
From: brad greene	Read Replies (1) of 26039

Ron, Excellent post.....The Wendell for you. I could not agree more....the DOW is headed for trouble. The economy is as strong as it can get without triggering inflation....inflation is zip....interest rates are low...unenployment at record lows...and we are running almost at capacity. There will come a point at which the folks decide that the market is valued at 100% of 100%......and really has only one way to go. Many many people now have stocks making up 85%+ of their portfolios.......and will be making the asset allocation phone call. My family has been selling stocks for over a year now.....trying to keep equities under 70%.......Hard to do.....but the right thing to do. 3800 to 10,000 .......wow. Scary is right. Y2K has not even been figured into the mix yet....but it will. The effect on many members of the international community will be quite large....and will effect our economy profoundly. This news will begin leaking out fairly soon.....It's being told to the Congress right now. IDX, of course will be one of the very few stocks that will do very well during this time.......given a few little big positive events. <g> IDX should not be in the $5.00 range. bg

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