As the AOL boards turn... whew, a loonng one... two parts.
Subject: Re: more legal crap
Date: Tue, Nov 25, 1997 09:52 EST
From: Wesley0428
Message-id: <19971125145200.JAA04477@ladder02.news.aol.com>
<<<On May 31, 1995, Digital Biometric, Inc. ("DBI"), a competitor, filed a
lawsuit in the United States District Court in Northern District of California
against the Company alleging that certain of the Company's TouchPrint products
violate a DBI patent and seeking injunctive relief and unspecified damages. The
lawsuit has no implication for other Identix products. On August 22, 1996, the
Court granted the Company's motion determining that TouchPrint 600 does not
infringe the patent. On December 7, 1996, the Court issued another ruling
determining that the predecessor product of the TouchPrint 600, the TouchPrint
900 product, did not infringe the patent. As a result, the Court entered
judgment in favor of Identix and awarded Identix its cost of suit. On January 7,
1997, DBI filed a Notice of Appeal. Oral argument on that appeal was held before
the Federal Circuit Court of Appeals on October 8, 1997 and the matter is under
consideration by the Court.>>>
The above is fact, the rest is rumor. The Touchprint 900 hasn't been sold for years. I don't think the risks and potential impact are significant
Subject: Re: more legal crap
Date: Tue, Nov 25, 1997 11:05 EST
From: Spindizy
Message-id: <19971125160500.LAA09737@ladder02.news.aol.com>
My understanding was that the suit covered BOTH the TP600 AND the TP900
Subject: Re: more legal crap
Date: Tue, Nov 25, 1997 12:43 EST
From: Wesley0428
Message-id: <19971125174300.MAA18402@ladder01.news.aol.com>
From S.I.
<<<To: steve (5327 )
From: J. Saf Tuesday, Nov 25 1997 10:27AM EST
Reply #5328 of 5329
Spindizy's credibility -
Spindizy attempted to spread false rumors about Identix almost a year
ago. He made disparaging remarks about Randy Fowler and tried to cast
doubt on the strength of the IDX/NEC relationship among other things.
Spindizy was descredited by Porsche770 and slithered back into the
shadows. I am very skeptical of anything the Spindizy says.>>>
Subject: Re: Reasonable Questions?
Date: Tue, Nov 25, 1997 13:17 EST
From: Rajun R
Message-id: <19971125181701.NAA19333@ladder02.news.aol.com>
IDX4EVER,
I am happy to see that someone has filled my position. It's time for the shorts to come out of the woodwork......I'm just glad to see that you are showing them the door. I just hope it does not hit them on the way out.
Porsche770
Subject: Re: Ignore Brutus and his IDX bashing?
Date: Tue, Nov 25, 1997 13:28 EST
From: Rajun R
Message-id: <19971125182900.NAA21818@ladder01.news.aol.com>
You got that right......Brutus. Ignoring you is exactly how it should be done. You are not fooling anyone except yourself and a few neophytes. What a pitiful mission. Too bad that you have nothing better to do.....what an empty existence. I feel sorry for you.
Porsche770
Subject: Re: Pay attention
Date: Tue, Nov 25, 1997 13:44 EST
From: Rajun R
Message-id: <19971125184401.NAA23023@ladder01.news.aol.com>
Brutus......It is not IDX4EVER's job to educate you on the facts and issues surrounding Identix...If you would do your own homework....you would not be short this stock, but this would not be in keeping with your personality traits..... So continue to keep your head in the sand....short the stock.....and be happy. Anything that you might learn from IDX4EVER is just going to ruin your day.
Porsche770
Subject: Re: Pay attention
Date: Tue, Nov 25, 1997 13:53 EST
From: Rajun R
Message-id: <19971125185400.NAA23718@ladder01.news.aol.com>
Doc,
Sorry that I did not get to your post before the ones from Brutus....it would have saved me some time....but it was enjoyable task, nonetheless. I will comply in the future....you are right he does not deserve a response.
Porsche770
Subject: Re: Answer to "Why aren't insiders buying?"
Date: Tue, Nov 25, 1997 14:06 EST
From: Rajun R
Message-id: <19971125190601.OAA23014@ladder02.news.aol.com>
Mbenz,
Insiders sell for many reasons.....one insider selling means nothing! They buy for only one reason...they think business is booming. I suggest that we stop paying attention when one insider sells....it only means something if most or all of the insiders are selling...and selling very large positions. This is not the case. It is Christmas you know...maybe Dan is buying his wife a new house
and diversifying the rest of the funds in the market....a prudent move on both fronts.
Porsche770
Subject: Re: more legal crap
Date: Tue, Nov 25, 1997 14:14 EST
From: Rajun R
Message-id: <19971125191400.OAA25243@ladder01.news.aol.com>
Nice to have you back Spin.....got any more tall tales for us (besides the trial story).....I'll fax them to Randy...like I did with the last ones. I am trying to remember the exact words he used to describe your posts....Oh!..... now I remember....."twists and distorts facts as to render them into total fabrication". Need I say more.
Porsche770
Subject: Re: Stock weakness.
Date: Tue, Nov 25, 1997 14:22 EST
From: Rajun R
Message-id: <19971125192201.OAA24228@ladder02.news.aol.com>
We could be seeing some tax loss selling from the holders that bought in between $12-13 earlier this year. Do not let it get to you. Remember one very important fact...When Identix stock is rising...it does so on greater volume.....When it is falling...it does so on very thin volume....this is very BULLISH. Do not loose sight of your long term goals...based upon short term moves.
Porsche770
Subject: Re: Stock weakness.
Date: Tue, Nov 25, 1997 19:04 EST
From: Dawala
Message-id: <19971126000400.TAA20932@ladder02.news.aol.com>
I bought a couple hundred shares @ 16.25 during that explosion period and bought a couple hundred more shares @ 7.50 during the deplosion period. And am holding both buys for at least 2 more years. You won't see my shares on the market. I only believe in selling a loss if the company, in my figuring, will not double for me in 3 years and I believe IDX will by 1999.
DAWALA
Subject: Tax Loss selling,
Date: Tue, Nov 25, 1997 20:26 EST
From: Brutusone
Message-id: <19971126012600.UAA01389@ladder01.news.aol.com>
I though I said something about this tax loss selling a month ago. HMMMMMM. Porsche what's up, been very quiet lately. No new stories for us. Tres boring. Stock needs a little bump up here......Must be just tax loss selling........
Subject: Lockheed Martin Commercials
Date: Tue, Nov 25, 1997 20:27 EST
From: Brutusone
Message-id: <19971126012700.UAA29821@ladder02.news.aol.com>
Anyone seen the lockheed martin commercials mentioning fingerprint systems.....With Lockheed and other big players like this in there whats left over.
Subject: Pay attention, NRID & DBII
Date: Tue, Nov 25, 1997 20:37 EST
From: Brutusone
Message-id: <19971126013700.UAA02630@ladder01.news.aol.com>
Pay attention everyone, remember DBII, now $2 per share, I remember it at $10. Also national registry, now 50 cents per share..............Ask yourself honestly what might IDX's fate be now that you are witnessing the demise of some of the other pioneers in the field. The big boys are in this business now, whats left for these little guys.....
Be careful with Porsche, IDX4Ever and the other touters, for all you know they may work for IDX or have some other vested interest in the company that causes them to be so blind... Obviously with a name like IDX 4 EVER---this is not an objective person. Hey it's your money and nothing is 4EVER, be careful, the obvious sometimes is usually right in front of you, just
open your eyes.
Good luck........I will now leave this board and shall not post here anymore.....I can only leave you with this warning and Motley Fool will also warn you,,,,,,WATCH OUT FOR TOUTERS AND STOCK PROMOTERS.
GOD BLESS AND GOOD LUCK!!!!
Subject: Why is Porsche not posting under his name
Date: Tue, Nov 25, 1997 20:39 EST
From: Brutusone
Message-id: <19971126013900.UAA01276@ladder02.news.aol.com>
Porsche why are you not posting under your famous name anymore????????
Subject: Re: Why is Porsche not posting under his name
Date: Tue, Nov 25, 1997 22:45 EST
From: D030296
Message-id: <19971126034501.WAA17035@ladder01.news.aol.com>
Porsche logs on from a different account. Why are you asking personal questions about Porsche. Are you paranoid about something?
Brutusone, Sorry to see you go so soon. Hope it isn't serious
Subject: Pay attention to yourself.....
Date: Wed, Nov 26, 1997 02:21 EST
From: MD1554
Message-id: <19971126072100.CAA06934@ladder01.news.aol.com>
Brutusone,
You sound VERY desperate and half crazy.
You also come across like an idiot....quite apparent that you know nothing about IDX or their technology....or the companies and industries they market their technology to.
Glad to see you (at least) mastered the Font "Color & Size" trick...you may need that skill when you loose all your money.
Subject: Sci-Fi Brutu
Date: Wed, Nov 26, 1997 02:24 EST
From: MD1554
Message-id: <19971126072401.CAA05668@ladder02.news.aol.com>
<Good luck........I will now leave this board and shall not post here anymore.....
From your mouth to Gods ears.
Klatu...Baratu....Brutu.......
Subject: Heads or Tails
Date: Wed, Nov 26, 1997 08:14 EST
From: MAMAS12
Message-id: <19971126131401.IAA17997@ladder01.news.aol.com>
toss the coin
will produce results
90 % of the post ????????
10 % help
appears easy to tell the wackos
you gain or loss will be your JUDGE
MENT
Subject: Re: Heads or Tails
Date: Wed, Nov 26, 1997 11:25 EST
From: Nylolland
Message-id: <19971126162501.LAA01427@ladder01.news.aol.com>
Another brokerage house initiates coverage with a buy today. I'm very long and holding.
Pete.J.
Subject: Re: Which House?
Date: Wed, Nov 26, 1997 13:15 EST
From: Morsk
Message-id: <19971126181501.NAA08886@ladder02.news.aol.com>
<< Another brokerage house initiates coverage with a buy today. I'm very long and holding. >> Do you know which house this was and did you see their report?? We're desperate for some good news here.
Subject: Re: Stock weakness.
Date: Wed, Nov 26, 1997 13:57 EST
From: Rajun R
Message-id: <19971126185701.NAA12414@ladder02.news.aol.com>
Dawala,
I certainly would not expect you to be selling shares. You seem to have things in proper perspective.
Porsche770
Subject: Re: Tax Loss selling,
Date: Wed, Nov 26, 1997 14:02 EST
From: Rajun R
Message-id: <19971126190200.OAA12869@ladder02.news.aol.com>
Brutus,
How is this for news?......Today Needham & Co. initiated coverage of Identix with a BUY rating. Twelve - eighteen month target-$16.
This is just the beginning. Keep your eyes open.
Be careful what you ask for....you just may get it!
Porsche770
Subject: Re: Lockheed Martin Commercials
Date: Wed, Nov 26, 1997 14:09 EST
From: Rajun R
Message-id: <19971126190901.OAA15112@ladder01.news.aol.com>
What planet are you from Brutus? It sure can not be Earth. The Lockheed Martin commercial has been discussed at length on this board some time ago.......where were you? LM is a friendly partner with NEC and Identix. Talk about paying attention!!
Oh,I forgot.....your head was in the sand.
Sorry Doc....I just can not resist,
Porsche770
Subject: Re: Pay attention, NRID & DBII
Date: Wed, Nov 26, 1997 14:22 EST
From: Rajun R
Message-id: <19971126192201.OAA14643@ladder02.news.aol.com>
Watch out for shorts is more like it......The reason that NRID and DBII are having problems is very simple......Identix is eating their lunch. Last time I checked...running your competitors (if you can really call them that) out of business was a BULLISH sign.
Get a life Brutus....I'm not sure God blesses shorts.
Porsche770
Sorry Doc....I'm addicted.
Subject: Re: Why is Porsche not posting under his name
Date: Wed, Nov 26, 1997 14:40 EST
From: Rajun R
Message-id: <19971126194000.OAA17916@ladder01.news.aol.com>
Brutus.......I cut off my system at home....we are preparing to move. A friend of mine at work is letting me use his system. His call sign is Rajun R. He is originally from New Orleans and his nick name is the Rajun Cajun....his first name is Roy....thus Rajun - R.
A very sinister senario....don't you think.....I must be up to something. You had better keep a eye on me....there is no telling what I might do next.
Frightening.....Isn't it?
Porsche770
Subject: Re: Sci-Fi Brutu
Date: Wed, Nov 26, 1997 14:48 EST
From: Rajun R
Message-id: <19971126194800.OAA16865@ladder02.news.aol.com>
MD1554,
Isn't that supposed to be Nicktu? I believe that with those instructions(Klatu Barrata Brutu) you can expect Gort-(that big shinny robot) to short the S&P index.
The day the market stood still,
Porsche770
Subject: Re: Sci-Fi Brutu
Date: Wed, Nov 26, 1997 16:24 EST
From: Arevorp
Message-id: <19971126212400.QAA27084@ladder01.news.aol.com>
Porsche,
Please for the boards sake stop egging Brutus on. Let him go back to where he came from.
Thanks in advance
arevorp
P.S. It"s heaven without him.
Subject: Re: Lockheed Martin Commercials
Date: Wed, Nov 26, 1997 17:53 EST
From: Halkhave
Message-id: <19971126225301.RAA04132@ladder02.news.aol.com>
You guys are so busy calling each other names, its no wonder there is no mention on this board of 1) Needham initiates coverage of IDX with a BUY recommendation and 2) Clinton has signed the INS funding bill.
As for Lockheed Martin, I am not sure what Rajun R. means when he says "LM is a friendly partner with NEC and Identix." What I have read in the various companies' press releases is that NEC and Lockheed Martin have signed a joint venture agreement to cooperate in in certain areas of marketing and manufacturing automated fingerprint identification systems (which does not cut into any IDX business since IDX does not make AFIS systems); and that
IDX has been a large supplier (formerly their ONLY supplier) of fingerprint readers for NEC systems; and that IDX and NEC have recently signed an agreement regarding IDX supply of readers for NEC's recently unveiled state of the art AFIS. So when Brutusone says "With Lockheed and other big players like this in there whats left over, " I get the impression that he does not fully understand the products, the market or the relationships between the
parties. I for one do not believe that IDX is getting left out in the cold as Brutusone's comment suggests.
On the other hand, as I have said recently, I also am beginning to think that the impending explosion of IDX stock mah not be so impending. As reported today in DOW Jones, Needham initiated coverage with a buy. But look at their EPS predictions:
FYE JUNE 98 .13 cents
FYE JUNE 99 .28
FYE JUNE 00 .40
12-18 mo target of $16
Even Jeff Kessler of Lehman changed his .40 EPS estimate from FYE JUNE 98 to FYE JUNE 99. Saloman initiates coverage this week with a buy and a twelve month target of $13. Now, I am not one to always (or even often) put stock in an analyst's or a broker's recommendation, but, the estimates in the past surely have not been conservative. IDX never beats Kessler's prediction. Of course, if we do get all $23 million in livescan orders from INS this
year, we would certainly beat everyone's predictions and probably take a ride (for a while until the one-time nature of that really big order is digested.
So, what am I saying? This is investing. Who knows? But IDX sure seems to be a big player.
See my next post for the INS story.
-Hal |
