To: Bill Wexler who wrote (1757 ) 7/7/1999 11:08:00 PM From: David Read Replies (1) | Respond to
Since you indirectly refer to me, I'm going to respond to to your post."The IDX stock promotion fraud." Repeating a lie is usually an effective rhetorical device. No need to justify the statement, but count on repetition to work for you. "Recent rumors about an impending "deal" between Novell and IDX were proven false today.go2net.newsalert.com ;The only "rumor" of a deal today was from my IDX post. Of course, you don't link it here, because I labeled it as a hypothesis, not as a fact or even a rumor, and it the link you provide doesn't disprove the "deal" at any future time, since it did not address the subject of the "rumor," which involved the likelihood of IDX biometrics in Novell's single sign-on option. Here is the missing link:Message 10406762 "Identix is a financially weak company in a zero growth business." All anyone has to do is check IDX results over the past couple of years and they will see it is essentially at break even with substantial top line growth. Why doesn't it make money on increasing revenues? Because it is using its revenues in one area of its business to support creation of a new business in a different area. Both markets are high growth areas . . . but that would take just a little research to figure out. "Recent fraudulent promotion has artificially raised the price of the stock ahead of a dilutive financing arrangement I expect the stock to return to < 5 a share and reiterate my STRONG SELL/SHORT SELL recommendation." See point #1, above on the fraud charge. There is no supporting evidence for this, of course, and you haven't tried to suggest anything other than Westergaard PR which (a) is labelled as opinion (b) doesn't influence anyone in particular and (c) lately has been pretty minimal. The company itself has been very quiet. The Otis Bradley bubble is gone, and the SI thread criticized him for his hyping statements. The SI thread -- full of longs -- is not connected to the company and does not purport to be. "As always, I remain flattered that IDX shills mention me continuously in the midst of their nonsensical delusions regarding this company." Ah, name calling. Always the mark of an acute analytical mind. Probably especially persuasive on this thread, which you modestly named after yourself. I do believe you are flattered whenever the subject of yourself comes up anywhere. After all, how many other posters refer to themselves in the third person?
