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


To: James Overko who wrote (5658)12/9/1997 8:31:00 PM
From: Hal  Read Replies (1) | Respond to of 26039
 
I have been offline for a couple of days due to work so I am just now commenting on the anlysis yesterday on what a $20+ million order from INS could do to the stock price. I have said this before. While I think that a big order will have some short term impact on the price, I do not think that the stock will be valued by the steet as a function of the earnings per share generated by that order since it is a one time,large order. Other large orders would have to be clearly seen on the short horizon to cause IDX to be valued at a P/E multiple based upon this year's EPS which would be inflated by INS order.

This is not meant to suggest IDX will not go up based on that order and other great news. I just would not expect the stock to stay at a share price based upon the EPS which include the INS order.