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Technology Stocks : Identix (IDNX)

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To: Rob C. who wrote (12770)	3/17/1999 11:17:00 AM
From: brad greene	Read Replies (1) of 26039

Rob, Fowler will not make sales just to make sales. The INS deal is not nearly as big or important than it is being made out to be. IDX has much bigger fish to fry. The important number now is the short interest. It has always been around 750k......but as of Feb 8th....it was 925k. I believe the short numbers are out....but I have not seen them. Perhaps someone can post them. The float is 13 million shares....so a 1 million short position would be glorious to see. Market, no market.......IDX closes IDT.....and Gates starts talking biometrics.....and stuff starts happening. I think that may be the reason for the large call purchases......protecting a short position, in case of a rapid rise. The volume is so low that covering may not be an "option". bg

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