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


To: Hockeyfan who wrote (6366)1/26/1998 3:21:00 PM
From: Arthur  Read Replies (2) | Respond to of 26039
 
Lehman Reports

Identix
"Quarter On Target With Our Recently Lowered Estimates"
lehman.com

Sylvan
lehman.com

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There is a new ValueLine report out(written before 2Q earnings release). They are projecting a FY2000-2002 price target of $20-40, based upon $200 million revenue and $1.00 earnings.



To: Hockeyfan who wrote (6366)1/29/1998 7:44:00 PM
From: R. Jaynes  Read Replies (1) | Respond to of 26039
 
J. Saf,

Last week you said this:

"I just got out of a presentation from an economist that had been visiting the troubled countries in the Pac Rim. Identix can kiss any and all contracts made with countries in Indonesia goodbye. I hope we got paid for the units in the pilot at the Central Bank of Indonesia in Jakarta. Indonesia will continue to melt down into such as mess that they will not recover for 10 or more years. Malaysia is not much better. Don't expect the Singapore office to contribute much for several years."

Well, I have good news. I just got off the phone with Fingerscan down in Australia and IR told me they have been paid in full for the Central Bank in Indonesia project!! Not only that, the Central Bank has continued to order more and more equipment because they apparantly feel the project is important enough to keep it going!!!!!

How about them apples? (In my excitment I forgot to ask about other projects in that part of the world. Sorry.)

Rick