Identix (IDNX) Message Board

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Technology Stocks : Identix (IDNX)

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To: Badger who wrote (90)	2/17/1997 8:30:00 PM
From: Steve Felix	of 26039

Badger, I do believe David has his years wrong, as I bought IDX 8/24/95 the VERY first day it traded up to ten. The low since then is seven. In watching the stock and trying to pick my own buy points, it always trended down after earnings, and seemed to find a base. Then three weeks to a month before the next earnings it would drop maybe a point for a few days. Of course I'd already made my buy in the base. With something like eighteen block trades in the two day spike last week, hopefully some of the stock is out of circulation for a while in mutual funds. Coming up against a big loss in the same quarter last year, IMO any earnings this quarter or one good announcement and IDX may not see $11 again. I think by the year 2000 we will all be laughing at ourselves for trying to find the perfect price to buy IDX. Steve

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