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

To: David who wrote (16917)	2/15/2000 6:51:00 PM
From: David	Respond to of 26039

Another reason why IDX went up: x38.deja.com You need to read it all the way to the end to see why he doesn't like hackers.

To: David who wrote (16917)	2/15/2000 6:54:00 PM
From: Hockeyfan	Respond to of 26039

Why buy now? Purchase/sale decisions should have no memory. You can't kick yourself for not buying at a lower price or selling at a higher price. That is water under the bridge. Everyday is a new investment decision. I own most of my position from $5 to $8. I remember the 200 shares I bought in September 1998 at $5 1/8 just before the close. We were trying to keep IDX above $5.00 so it would remain marginable and not force any holders to sell. I still have those shares. I guess Identix just thanked me for that good deed this week. A lot has transpired since last March. We have gone from a good company with great products, but no developed markets to a great company with multiple partnerships and a developing stranglehold on the biometric ID market. As of Monday, we broke the our moribund trading range cocoon and emerged an internet company with wings. 3 weeks the best we could hope for was a run to $12. Current trading volume and price volatility could result in a large, continued runup from here. When we hit $50 I will be almost as happy with the shares I bought at $17.25 as the ones I bought at $5.125. The return may be smaller, but the downside risk has been reduced and it was still a good decision. Ma and Pa aren't buying these multiple, thousand share lots. I think we will see a lot more mutual funds on our institutional ownership list this quarter. Everyday I ask myself if there is a better opportunity for my money elsewhere. Once again, today I said "no".