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

To: steve who wrote (4638)	10/30/1997 9:10:00 AM
From: ed doell	Read Replies (1) \| Respond to of 26039

FWIW...I'll take what Value Line has to say anyday... VL's respected, risks their respect with every issue, and has been around longer than SI or MF combined... The chart is improving. No question it needs some firming & basing in here. The gap up yesterday, from a long term bullish TA pov, is unfortunate (all gaps must be filled). From the psychology pov the coverage in VL, Lehman, and WSJ is a positive. And getting the earnings report behind us is another psychological plus. All submitted IMHO, Ed

To: steve who wrote (4638)	10/30/1997 12:06:00 PM
From: Elvis Jones	Read Replies (3) \| Respond to of 26039

Steve, Thanks for the AOL posts. Nice to have a second opinion and a look at the issues throwing water on the stock. Also, I just got the opportunity to read Kessler's update. He went to great pains to say he wasn't disappointed with 2 cents. Actually, he mentioned that actual EBIT of 900k was over his estimate of 700k. That tells me he wasn't disappointed. I still think Kessler's numbers and $18 target is reasonable, regardless on the market. And even I get tired of the "$200/share" hype talk. This thread does lose credibility when we start overselling the story. Many companies wind up with legit shareholder suits when that happens as well. Happily Long IDX, Duke