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


To: Steve Felix who wrote (6620)2/10/1998 9:42:00 PM
From: Elvis Jones  Respond to of 26039
 
It's OK, Rob loves it when he's wrong.

It's understandable for impatience to set in - We wait for news, we finally get news, stock hangs around $10, we all scratch our heads. It's either dandruff or we're amazed a no movement. Good news, bad news, it doesn't matter. Would you expect a stock with a 100+ PE to be this tame? I wouldn't.

If this were Friday, I'd be happy with the Weekly chart. Somebody tell Randy that my birthday is coming near. I want IDX to break upward or I will need more Snickers.

Happily Long IDX,
Duke



To: Steve Felix who wrote (6620)2/11/1998 9:34:00 AM
From: Rob C.  Respond to of 26039
 
Steve,

Charts have been very strong predicting IDX, I was off by 1/8th on a call of a technical breakdown. I was long and still am long the stock. I own 4,500 shares. I am cautiously bullish, but find it almost laughable when I read some of the blue sky posts here. I was probably most guilty of hyping IDX and now see it as a solid long term growth situation, but not the momentum play we all hoped it would be.

Technically, the stock is not making higher highs, but in same breathe it is not making lower lows. A trading range IMO will continue until Randy shows us the money.

Regards,

Rob