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

To: J L Segal who wrote (4910)	11/10/1997 6:23:00 PM
From: Wendell Holmes	Respond to of 26039

I'm an old man, someone help me refresh my memory. Before the market crashed, we were thinking that maybe some positive news was maybe being held up until after the annual meeting when the shareholders would be asked to approve options at 11.5, because if the news came out before the meeting, the stock was expected to be trading higher than 11.5, making the options look like a gift to management. So, what was it we were expecting to hear about?? Did the options deal pass, and should we be looking for some good news? PS I think it would have been too tacky to have given out options and then have the stock jump a point or two right after.

To: J L Segal who wrote (4910)	11/10/1997 7:11:00 PM
From: Buck	Read Replies (1) \| Respond to of 26039

J.L., When you say Zacks had a news broadcast, please explain. Is this something that went to brokers, or to Zacks subscribers? Was it over the wire or over the air? The reason I'm interested is obvious. If Zacks is starting to spot this stock, then others will follow. Could account for the up-tick at the end of the day! Also INS moving forward could account for it, or Brad and Duke buying today could account for it. Whatever, it did up-tick and that is great!