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

To: David who wrote (6392)	1/29/1998 2:29:00 PM
From: TerryKrohe	Read Replies (3) \| Respond to of 26039

Sylvan revenue IDX reported $370,000 revenue last quarter in the joint venture with Sylvan. The press release stated that there were two locations operating during the quarter (twelve installed by mid-Jan). Assuming ... a. IDX share of revenue is 50% b. the cost charged for a fingerprint "click" is $35 c. there were two sites working the entire three months of the quarter then, * (370,000 x 2 / 35) = total rev/cost per click = 21141 clicks * 21141/3 mo/22 days/ 2 machines = 160 clicks per day per machine * 160 clicks/ 8 hrs = 20 clicks per hour Result: Given all of the above, we're talking about somebody getting their fingerprints taken every 3 min _all day long_ at the Sylvan centers. This is absurd. I repeat my question: What is the makeup of the $370,000 joint venture revenue?