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


To: RickM who wrote (15277)10/25/1999 2:34:00 PM
From: brad greene  Read Replies (2) | Respond to of 26039
 
Rick,

IDX is due to release crappy results tomorrow. They have already pre announced sales that are a couple of million less than last year.....and although they did not comment on earnings....most expect them to be a loss of anywhere between -5 cents to -20 cents. Sales and earnings will not compare well.......so brace yourself.

This Infinion partnership will add a topic for discussion, however. The conference call may focus on the future. The furture is much more positive than the present sales and earnings picture.

Don't know what's in the stock and what's not. People are waiting.

bg



To: RickM who wrote (15277)10/25/1999 3:03:00 PM
From: Rappin1  Read Replies (1) | Respond to of 26039
 
As was said, IDX is releasing results tomorrow, but they did pre warn sales would be lower a couple of weeks ago with no hint of the loss number. IMO, if the loss is not substantial (which IMO would be -.10 or worse), the price may not drop anymore. Also IMO, getting this stock anywhere in the 7's is a good buy, however, there are a few who think we see the 6's. IDX has a good product, a strong foot hold on software and some great relationships with other companies. Many think there are some relationships yet to be announced, those announcements have yet to be confirmed. Been in this stock 2 years and with the exception of a couple of surges, it has been disappointing. But many, including myself, feel biometrics is the wave of the future, please do your own DD. Good Luck!