To: Bob Brooke who wrote (2290 ) 11/2/1997 10:33:00 PM From: brad greene Respond to of 4676
Bob, This is not hype..Don't be a putz........At current growth rates, IDX will be a billion dollar in sales company in five years......That's billion....not million. Run the numbers......$ 10.00 per share earnings should be a snap...consevative, in fact.....and a 20 PE takes you to $200......easy as pie.....What did Netscape do?......What has Dell done?.......Fools are those who say it can't be done. It has been done many, many times. It helps to have a unique position in the market....like IDX has. Hype is where you put out a meaningless announcement....or a series of them just to keep the price of your stock up so that insiders can dump it. Bambol means to frolic........Gamble means to place a wager where luck determins the outcome. NRID has not been a good short term play for a year. From the high of three......"gambolers" have lost a huge percentage of their wagers.....while others who have bought in at 1.7....1.5.....1.0.....thinking NRID was a good short term "gambol"....have been very disappointed. When you say.....NRID will do very well when biometrics explodes....keep in mind that NRID only operates in a very small part of the biometrics industry......So biometrics may explode, but many who are not positioned, will not benefit. Why is DBII now doing casino tracking....and AFIS doing 911 technology......and FINX shuttered up?.......could be the same reason that NRID has pulled back it's operations as a "cost saving" measure. As all along.....IDX has been doubling sales...expanding operations, and staying profitable. IDX will do over $100 million in sales this year....$52 million last year. What?....$180 million next year? NRID may do how much in sales this year.......$4 million maybe?....$8 million next year?.......IMO.....NRID had better get used to being a very small player, one that will be unable to sell and service very large customers. The dream of big business with CA customers will be very short lived. bg ps. My bet with Jaffo is not including reverse splits......so when NRID stock suddenly goes to $7.00.......it is still really at 70 cents. Thats if, after the reverse, it can hold $7.00.......Watch for the private placement....more shares. What? 40 million? This is not the type of stuff that makes a good gambol or gamble.