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

To: brad greene who wrote (15247)	10/22/1999 12:36:00 PM
From: David	Read Replies (2) \| Respond to of 26039

Brad, where did you come up with that tiny float number? If my calculations are right, you believe the float is only about 8M shares . . . when there are about 28M outstanding and nowhere near 20M closely held. I do agree, though, that the stock has done well considering the increase in the short figure (the first real increase since I've been around, anyway) and the ASCOM selling. The other ratio to look at is 'days to cover,' with the volume dropping and the short position increasing. By the way, the RTQ is showing 12,300 offered on the ask at 8. Probably ASCOM or the short sellers. That's a lot on a low-volume day.