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

To: Steve Felix who wrote (6354)	1/24/1998 11:28:00 PM
From: R. Jaynes	Respond to of 26039

Steve, Speaking of trains, Roger Engemann tells his shareholders every year about getting onto the investing train and staying on for the rest of your life. He says you must make the decision to ride thru all the ups and downs of the market and never get off. As for Identix, this train is definiely on its way and thanks to all of the great information dug up by this thread I can rest easy at night. Every time I have money to buy stocks I keep buying more IDX because I can't find a better place to put the money to work. Like you, I look at IDX and see steady but sure progress and, quite frankly, that is all I want. Sure, it is exciting when a stock takes off like a rocket. But the trouble with that is it attracts all of the momemtum guys and then they drive the stock to absurd levels whereupon, if the company shows any disappointments, the stock comes crashing back to earth and rarely recovers. I sincerely think IDX has a better than even chance of becoming a ten-bagger from these levels, but given a choice, I would rather see that happen over the course of 5 or 6 years than in 2 or 3. Rick