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

To: Steve Felix who wrote (5716)	12/11/1997 7:47:00 PM
From: brad greene	Read Replies (1) \| Respond to of 26039

Steve, Fowler has always said that they build to forcast. If there is a run-up in inventory.......That would not be a bad thing. In fact, it would be good. If IDX has received word from the INS that it may be a good idea to start building large numbers of machines....well, there you go. The fact of the matter is that the INS is, in fact, under the gun on this one. There are many in DC that want the INS shut down. The INS can't screw around. That feeling was clearly stated in the news articles of about a month ago. Sometimes you pay the price for quality and performance. I always have......and the INS will. They can't wait until April to order 300 machines to be installed by June 30.....and I doubt they will even consider ordering equal amounts from 10 different sources. bg

To: Steve Felix who wrote (5716)	12/11/1997 8:06:00 PM
From: chaz	Read Replies (4) \| Respond to of 26039

Steve...my apologies, but I can't quite get the sense of your 3rd sentence. Pls try me again...can't figure out what numbers apply to what years in your post. To all, I'll cave on the slow pay by feds. However, even if I add $688,000 to revenue (as if it had been paid) and subtract the same from receivables, I'm still left with revenue of $19,538,000 vs receivables of $21,198,000....and there's still the point no one has addressed...the 7% of product and sales that were essentially written off. Incidentally, to all, I don't like doing this much...finding something negative in the face of all this great optimism. But my inclinations are fundamental, so that's where I look first. It's always more fun to find reasons for positive posts, and to all, when I find it, I will be the first to post it. I tend to totally disregard analysts. I suspect their motives as being more self-serving than altruistic, a lot like settling with a sympathetic insurance adjuster before you've talked with your lawyer. Chaz.