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Technology Stocks : Identix (IDNX)
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To: Badger who wrote (118)2/22/1997 9:51:00 PM
From: Hockeyfan   of 26039
 
To Badger re:Oracle revenues

Yes. According to Dominick & Dominicks report if 1% of Oracle's customer base as of 9/95 purchase the touchprint system IDX will reap revenues of $100 million.
If we carry out the math using a gross margin of 50% we get pretax earnings of $50 million. These are one time product sales, but they establish a relationship between IDX and the customer for possible future services and product upgrades.
Also important is the exposure.
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