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: David who wrote (16766)	2/9/2000 8:28:00 PM
From: terraplane	Respond to of 26039

I've held this stock for a few years and lurked this thread regularly for as long as I've owned IDX. I agree wholeheartedly with David's sentiments regarding rumors of an IDX spinoff of its IT division; it would likely be terrible for existing shareholders. We'd probably be left with a company stripped of all the potential jewels in the IDX crown (Motorola, Compaq, O'hare, Novell, etc. - Is Windows next?-), and would have to pay a share price multiples higher than the current price to own what is presently ours through our shares of IDX. For the same money, existing shareholders would then own fewer shares, or would be required to invest far more capital to own the same number of shares in the proposed/rumored spinoff. As we all know, IDX has developed significant partnerships, and is, today, clearly the best positioned publicly traded biometric company. When the IT biometric market takes off, IDX shares will surely rise in sympathy. Indeed, given IDX's current small market cap as well as the phenomenally bullish market that exists today, IDX may one day fly - high and fast. If there is indeed a spinoff, how much of that IT/internet market value will remain with existing shareholders? Nothing is guaranteed. Threadsters should be careful when making fun of DBII and its shareholders. Life could be very ironic.