SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Identix (IDNX)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hockeyfan who wrote (13512)5/16/1999 6:04:00 PM
From: David  Read Replies (1) of 26039
 
Let's review the bidding on bio-ID . . .

Here is what has come out very recently:

* Mastercard is using Identix technology in its smart card rollout.
* Identix is working with GEMPLUS smart cards
* Identicator software is apparently resident in Novell Netware
* Identix has become compatible with Entrust's PKI system
* Identicator has a next generation scanner before anyone has matched the Compaq scanner's performance for price; the scanner is small and inexpensive enough to open new markets
* Identicator has upgraded its scanner software to remove any competitive disadvantages
* There is good press in Barron's and US News and World Report and a good mention in Value Line.
* According to Porsche770, the O'Hare pilot cargo rollout can mean a couple of hundred million in profit to IDX (many dollars per share)

In addition:

* We have every reason to expect another Compaq-type deal in the very near future
* B of A is piloting IDT equipment for smart card purposes
* Mastercard is on a second-level pilot to determine whether to buy 50 million POS IDX readers
* The API war is over, and we and Compaq have won (Intel, backer of Veridicom and Digital Persona, lost)

Finally:

*There are more three or four significant items still in the rumor mill besides these, unbelievable as it may seem (and no, I'm not going to post the rumors)
* No competitor has arisen with either contracts or product that threaten IDX.

Given all these developments, I think we are just at the beginning of a long price climb in this stock. Not because of earnings, but because the visibility of the biometric market and IDX's probable dominance of the market is now emerging into the mainstream. I wouldn't be surprised if the stock were in the range of $20 to $25 by the fall.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News