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

To: Buck who wrote (4895)	11/9/1997 11:50:00 PM
From: David	Read Replies (1) \| Respond to of 26039

Good find, Buck, you're on the way to becoming a legislative analyst. I'm not familiar with the RI bill, but it looks like the proposal has not gone anywhere -- i.e., "no action" as of June 27, not even a committee referral. Most introduced bills don't get enacted. On the other hand, the more these types of bills get introduced, the more likely things are to happen eventually. Jerald: Every one has a personal risk point, and it sounds like you are uncomfortable right now. I would have been uncomfortable with IDX at 3, and I would have been wrong. (But I would often be right in similar circumstances.) On the other hand, if you want a lot more safety, you could wait until the stock hits 50, if it ever does, or go to a perfectly validated stock like IBM. But that's a different investment strategy. Don't agree with you, though, that the stock is riskier than ever; what company-specific information are you relying on?