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

To: David who wrote (6122)	1/11/1998 1:46:00 AM
From: brad greene	Respond to of 26039

David, I realized after I began the last post that I did not have enough information. The press release seemed to say that a private company was bought out by a public one......and the directors of the private company took over, changed the name.......and the stock is at $5.00. I would think that the 4 cent share price (12 month low) must reflect the public company before the assets of the private company were added......leading me to believe that the private company basically bought a shell.....that enabled them to go public without going through the process......The evidence here would be the booting of all of the prior management. What was eye-poping to me was the 12 month high/low. I guess ya just put all of the new guys in a pile and see if any crawl out. bg ps. Looked at a BB stock symbol JAVA.........stock was selling for pennies......I thought just the shell with the symbol JAVA would be worth more than the stock was selling for.....I got over it...It was a stretch.