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


To: Dr. Voodoo who wrote (8480)12/20/2001 4:57:08 PM
From: David  Read Replies (2) | Respond to of 10293
 
This is an initial order from a 60,000+ employee bank. The deal will not end here, and will probably end up in the 50K seat range. This will be an order of magnitude more than any previous biometric IT deal, and it presages other deals like it. Identix's top line and bottom line are in the process of changing. You will see an modest upside surprise this quarter and a much larger upside surprise next quarter, and they have plenty of cash on hand.

Identix is starting to open up a major, very lucrative market . . . much bigger and more commercially important than the security access market that is getting all the attention. There's nothing fraudulent about this deal, the accelerating number of deals recently announced, or the deals to come.

Wexler did his usual five minute once over on this stock a few years ago, and now he is paying the price for his sloppy work.