Identix (IDNX) Message Board

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Technology Stocks : Identix (IDNX)

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To: brad greene who wrote (155)	2/26/1997 12:14:00 PM
From: Badger	of 26039

Brad and others- Thanks for the post. It is always good to keep a leg up on the competition. Brad, as you have pointed out in so many of your posts, common sense tells you that this market has great potential in a variety of way. You and Steve have done a great job of pointing out the many irons IDX has in the fire. But what drew me to IDX even more than their potential is their present balance sheet. I believe it is this that separates IDX from others in this area. It is absolutely crirtical that the company is run well for a tech company of this sort to thrive. I went to look at it again in Value Line to make sure I wasn't missing something. Here are the numbers that stick out for me. Total Assets= almost $29 million Total Liabilities= $9.2 million Working Capital = $15 million Long Term Debt= $100,000 I can't believe their long term debt is only 100,000$. Those ratios are very favorable and a sign of a well-managed company. These are signs of a winner. Just my 2c. Any comments are welcome. Badger

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