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

To: steve who wrote (4591)	10/29/1997 9:55:00 AM
From: brad greene	Read Replies (2) \| Respond to of 26039

steve...all IDX. Sylvan seems to be reacting in a very positive way...... Up 1 1/4 at last check.......Very good for both companies...IMO. bg

To: steve who wrote (4591)	10/29/1997 10:29:00 AM
From: steve	Read Replies (2) \| Respond to of 26039

Today on AOL as of 7:30 pst Subject: Sylvan Release Date: Wed, Oct 29, 1997 08:21 EST From: Club doctr Message-id: <19971029132101.IAA19048@ladder01.news.aol.com> >>The joint venture will begin by supplying fingerprint services to Illinois State agencies under an existing contract with the Illinois State Police. << Existing contract?? IDX's or Sylvan's?? IDX didn't waste any time, after the CC, in getting this info out. Almost as if they didn't realize, until the call, that the shareholders might be interested. Not sure who the "THEY" is...Randy seemed to think the news had already been released. Maybe the PR guys need to wake up. Should be a good day, Doc Subject: Re: Sylvan Release Date: Wed, Oct 29, 1997 08:51 EST From: SSpenard Message-id: <19971029135001.IAA20571@ladder01.news.aol.com> This press release does mention an exisiting contract that IDX has for fingerprinting services in IL. So at this point you have a joint venture with no new contracts. Talk about a non-event. Hopefully,IDX will do a better job than they have been doing with Oracle on this project. S Subject: Re: Sylvan Release Date: Wed, Oct 29, 1997 09:48 EST From: Club doctr Message-id: <19971029144800.JAA23884@ladder01.news.aol.com> S, You're assuming that the existing contract is (1) an IDX contract and not an existing Sylvan contract, and (2) that the original existing contract was for contract fingerprinting services. It's possible that Sylvan had this contract with IL using ink and paper fingerprinting, but I will admit that it's more likely that the existing contract was IDX's because of their good relationship with IL agencies. In regards to (2), the scope of the existing contract may have been drastically altered from its original form. Just because it is an existing contract doesn't mean that the scope hasn't been expanded and/or that the dollar amount hasn't been increased. I know from experience dealing with red tape that it often is easier to revise an existing contract, than it is to get a whole new contract approved. Can't we be happy in knowing that we have a definative agreement to place TP600's in Sylvan Learning Centers......NATIONWIDE? Doc Subject: Re: Sylvan Release Date: Wed, Oct 29, 1997 10:08 EST From: Wesley0428 Message-id: <19971029150601.KAA25267@ladder02.news.aol.com> <<You're assuming that the existing contract is (1) an IDX contract and not an existing Sylvan contract, and (2) that the original existing contract was for contract fingerprinting services. >> It is an existing IDX contract. It is for contract fingerprinting services. IDX set up a separate division to perform this contract. That IDX division will eventually be absorbed into the JV.