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Microcap & Penny Stocks : Saflink Corp. (ESAF) Biometric Software Provider -- Ignore unavailable to you. Want to Upgrade?


To: Bob Brooke who wrote (2269)10/30/1997 10:42:00 AM
From: David  Read Replies (1) | Respond to of 4676
 
Bob,

You and I are different types of investors. I'm not willing to put money in startup situations -- or invest in options. Way too high a risk of losing to go with a chance of a higher upside. Too much like Las Vegas. (I wouldn't have been in IDX when it was three, like Brad.) I'd rather buy and hold good bets in growth areas.

We completely agree, though, that the main unknown is the risk of whether there is a commercial biometrics market or not. That is the issue for these stocks. If there is a market (and we think there is, or we wouldn't have money in these companies), I think IDX has a much better chance of succeeding in it than weaker competitors.

IDX is making profits on the two bank deals, and we will see what happens with Sylvan and Oracle. If those two deals don't work out, well, then IDX and the others probably don't work out, at least for the foreseeable future.

I wouldn't be happy with a buyout of IDX. I'd like Brad's prediction of a $200 stock (a $5 billion company) to come true, and I'd hope to still be in the stock to enjoy it. But I'm not aware of lurking potential large competitors with key patent positions. Who do you have in mind, and what kinds of patents?



To: Bob Brooke who wrote (2269)10/30/1997 10:50:00 AM
From: Gutterball  Read Replies (1) | Respond to of 4676
 
Yo guys! I'm still here. I want to caution everyone about averaging down. It is a bad practice that you may regret--"Just Don't Do IT!" and all that.

I haven't been all that active here because there hasn't been any news that requires scrutiney--a second opinion if you will. I generally don't kick stocks when they are down but I do ask folks to re-examine the hype coming out of companies. Personally, I think NRi, and I do mean "i" (I couldn't resist that one, and I do mean "I"--couldn't resist that one either) is too quiet but don't expect anything until they report earnings cuz they are in a quiet period.

I'm telling ya, seminars at the local Holiday Inn is the only thing going to save this company! And of course, son Jaffo can serve, providing he reports back to the thread.

Hats Off to IDX, I think they were up 56% last Q.

BTW, I like AKLM and GOTK.