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Technology Stocks : Identix (IDNX)
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To: MJB who wrote (324)3/8/1997 4:19:00 PM
From: Brian Malloy   of 26039
 
MJB,
I didn't have a problem with your post. No offence taken. I have to say I have owned my IDX for six years now. After researching the sector, having had the opportunity to work and play with an IDX touchlock system and having used other biometric products such as retina/eye scanners I felt quite confident that when the industry took off, IDX would be one of the winners.

My opinion remains the same today. The story is only getting stronger; in due time the earnings will come. Even so, IDX has been a three bagger for me. I look for much more in the future.

I guess the thing that I find somewhat interesting is the relatively high amount of activity that we now have on the IDX thread. It is as if people are trying to over sell the story and talk the stock up ahead of what its natural trend is going to be. What worries me is that it appears that many of these new converts are AOL folks. This is not a problem in and of itself, but I do think about what ended up happening to IOMEGA on AOL\Motley Fool once crowd psychology took over. I would not like to see something like that happen to IDX.
We all received a glimpse of what crowd psychology can do to stoick prices during the Comparator fiasco - and IDXs sympathy spike to $19.

So, I would just say that if you own IDX just sit back and let Randy Fowler do his job. He is one of the founders of this whole biometric industry. I feel quite safe trusting my investment dollars to his judgement.

Best of luck to all,
Brian Malloy
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