As David said a while back, NRI is much more an internet company than IDX is (no revenue, etc...) There is always that possibility that NRI will go up unjustifiably, just like all other internet stocks. Hell, I am even hoping for it. That having been said, IDX has product at $99, has money (read no need for stupid financing), and has 90% of the biometric market. They are in obviously the best position to do well in the biometric market when it comes.
Where does that leave NRI? Well, if they can somehow get their software to work with Identicator, hopefully that can result in some sales. Otherwise, NRI will have to resort to hoping for other cheap hardware to come out (which is substantially in the position that it is in now). Like I've said before NRI is a risk. IDX is a risk, but much less so. But throw the word internet around, and everything looks like a bargain. That having been said, NRI needs money in about 30 days, or they go out of business. But if you know anything about NRI, you know that they will find financing (albeit crappy and dilutive) and will be around a little while longer. Hopefully long enough to get branded "internet."
Regards,
Bob |
