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


To: marvin smith who wrote (5399)11/30/1997 8:39:00 AM
From: RMP  Read Replies (1) | Respond to of 26039
 
The 144s indicates their intention to sell. The shares have not been sold yet. The insider with the greatest # of shares is ASCOAN USA INC with over 5 million shares (apx 22% of IDX). If they sell 77.5k shares it's less than 1.5% of the shares they own. I don't see this as a negative. They would probably sell the shares in small lots over time to keep the price of the stock stable.