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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: TRIIBoy who wrote (4786)	11/9/1999 11:41:00 PM
From: David	Respond to of 10293

It's nice of you to try to post some comforting news for Wexler as he's already in the red on his IDX short and the company about to share the stage with MOT on Tuesday morning at COMDEX. ASCOM, as has been explained on the IDX threads several times, was the venture capital fund that launched Identix a number of years ago and agreed to convert the IDX debt to an equity position. IDX management, in fact, has voting control of the ASCOM shares, and it's always been a friendly arrangement. ASCOM is now on about their fourth management change since the original investment, and this management is gently selling off some of its original stake. They are down from about 5 million shares to about 4.4 million shares over the past few months. Last month their sales represented about one days' worth of average volume in the stock. Meanwhile, other institutional ownership in IDX increased. I suppose you could call that a 'sell' signal if you want to grasp at straws.