Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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) -- Ignore unavailable to you. Want to Upgrade?

To: brad greene who wrote (15260)	10/22/1999 6:07:00 PM
From: David	Read Replies (1) \| Respond to of 26039

Brad, We're going to see a loss reported on Tuesday . . . we just don't know how serious it will be. Any good news reported on Monday or Tuesday would be swallowed up in the quarterly report -- unless it is extremely big, good news, in which case why cloud it with the Tuesday report? And if there is news like that, it won't help that much to release it later in the week with the stock affected by a quarterly loss. The best time for really good news already available would have been this week, so that it could effectively pre-empt the quarterly report. Since we didn't see anything, I don't think there is anything. (Of course, I always tend to presume some intelligent PR strategy by IDX, and I should know better by now.) On the other hand, I think all the bad news on earnings is basically out with the revenue announcement. I think the recent shorts got faked out by the CNBC interview and were expecting much more of a collapse afterwards, and now they are hoping for a good exit point. Fundamentally, not much has changed lately: No breakthrough by a competitor, no strategic assets lost by IDX, no reason to have a 40-50% increase in the short position. And I think IDX will have some presence at COMDEX, in some form.