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Technology Stocks : Identix (IDNX)

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To: R. Jaynes who wrote (12769)3/17/1999 9:37:00 AM
From: Rob C.  Read Replies (2) of 26039
 
Rick,

I have a small position in IDX now, 3,000 shares, I would consider making it 10,000 or more if a few things play out. The latest contract losses have me concerned, Randy is another and the market in general is the other. I am bullish on biometrics and feel that IDX will have a role. I am not going to buy more unless it gets very ugly.

I have turned 75% of my entire portfolio to cash yesterday. I think we are in for a major two or three day correction. I think the markets are going to tank.

Regards,

Rob
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