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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: Rappin1 who wrote (15240)10/22/1999 10:46:00 AM
From: brad greene  Read Replies (1) | Respond to of 26039
 
Rappin1,

IDX has already pre announced that their sales will fall short buy a couple of million dollars.

I think some of this has to do with government contracts...(ANADAC)....and some has to do with a transition to a software/Bio-ID company.

I think the analysts are braced for a 10 cent or 15 cent loss for the quarter.......And I think the posters on SI and Yahoo are also. I don't know if the market is.

I think the large run up in the short position has to do with IDX having to report.......and all of the ugly comparisons...and so on. I'm sure it will look ugly......IDX now must announce the ugly stuff again.

The big question......is whether this is already in the stock. The guys who shorted heavily....are saying that it is not.

I hope it is already in the stock.....or that IDX has some interesting news that may help soften the blow.

Hard to say.......

bg