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


To: Jaunatxo who wrote (15884)11/27/1999 10:23:00 AM
From: Ron Ohio  Read Replies (1) | Respond to of 26039
 
I can see how Value Line analyzes the IDX Company. They as other houses have been burnt on premature sales and profits.

I've seen at the stockholders meeting that the current plans put together since the Identicator purchase is just waiting to burst upward. With MOT as a supplier and partner, biometrics has to have risen to a new level of acceptance. Evans felt that after the fears of Y2K are over the 1st of the year, sales should expand dramatically.

All though Value Line is pulling back on its recommendation, it appears there has been some institutions accumulating the stock the past few weeks. This is normally a forerunner of buy recommendations.

Ron