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Microcap & Penny Stocks : Saflink Corp. (ESAF) Biometric Software Provider -- Ignore unavailable to you. Want to Upgrade?


To: Jaffo who wrote (2433)12/1/1997 6:26:00 PM
From: brad greene  Read Replies (1) | Respond to of 4676
 
Jaffo,

I'm feeling OK about our wager.........IDX needs to get to 23 or something.....to close it out......I'm thinking year end.

I can't see how a reverse for NRID can be avoided. The stock is off a yearly high of almost $3.00 ....to less than 50 cents. They have a large number of outstanding shares, and will need to be refinanced.

Some very large contracts or sales might turn things around......but I can't see where they will be coming from.......IDX is having the same problem with the bio-ID area......It is going to take some time to get going.

FINX is now down to a quarter or less.......They have been a very poor investment......high risk or no high risk.

bg

ps. NRID is not a new company. Niether is FINX or IDX.......Also...stand-up deal...Mr. G. answering your questions....not an easy thing to do.