Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: brad greene who wrote (5140)	11/18/1997 11:14:00 PM
From: Jon I. Brolliar	Read Replies (2) \| Respond to of 26039

Brad, Could you elaborate on the "several projects" for some of us newbees or are there some prior posts that might enlighten me and maybe others. Thanks in advance, JB

To: brad greene who wrote (5140)	11/18/1997 11:26:00 PM
From: Buck	Respond to of 26039

Here's some more logic! All along, various thread members have repeatedly said the stock would only move when the earnings reflected the research. Well, the earnings turned around in the 1st quarter and are heading upward! An my gracious, have we ever picked up some major coverage! In addition, we are just over a month before the end of the second quarter. We go into this month knowing after the president signs the appropriations bill, 80 offices will be set up, pronto. We also know that 8 other offices either are, currently, or shortly will be rushed into action. These offices by the INS's own statement make up 75% of the INS border business. Which means that it is going to be raining ten-printers all over the place. And don't forget about the 630 stateside Sylvan offices, or China or the other countries they are in. Good luck people, this one's a winner! P.S. Japans market is up a couple and Hong kong is down a couple. We need a calm market so our stock can be noticed!

To: brad greene who wrote (5140)	11/18/1997 11:52:00 PM
From: David	Read Replies (2) \| Respond to of 26039

I agree with Brad that the shorts are now under some pressure. We had an extra 100,000 shares trade today and most were on the buy side, or the stock wouldn't have gone up like it did. Tomorrow, when the Salomon coverage is publicized, we'll see more buying interest. Say Brad is right and the stock should have gone up another point. That's probably another 200,000 in volume over average. The shorts have a choice: Increase their bet, or throw it in before things get pretty expensive. If they throw it in, let's call it Option (A), we go to the 12.5 strike price on Friday, I think. If they fight, Option (B),they probably have to short about 300,000 more shares. Then they would try to safely unwind their heavier position while transiting over to 12.5 December, etc., options (Wendell, stop me if I'm talking nonsense) for next month. I'm sure that's what Rob is rooting for. Under Option B, we will see 10 on Friday and then head into a trading range of 10 to 12.5 over the next month, but trending up, if there is no more good (or bad) news. More good news early in that period, and I think that is more likely than not (i.e., INS deal), and we take a very nice bounce. Any more good news this week (I don't think INS budget enactment is enough without a contract announcement) and we could be watching a very small, fairly modest squeeze play. David PS - Brad, thanks for the honor, and I am eagerly awaiting my secret decoder ring.