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


To: jean who wrote (6988)3/4/1998 4:44:00 PM
From: David  Read Replies (1) | Respond to of 26039
 
Sometime you have to pay attention to what's not being said. In the INS naturalization testimony, notice how there's no mention of automation:

"During its first ten months at INS, the newly-created Executive Office of Naturalization Operations has achieved several significant accomplishments. The primary focus has been on creating an
organizational structure and acquiring the personnel needed to restructure the naturalization process. As of February 24, 1998, INS had established 23 of 75 planned free standing Application Support
Centers (ASCs) and 51 ASCs collocated with existing INS offices. All of these ASCs are currently open and taking fingerprints, in accordance with the FY 1998 Appropriations Act, that required all
fingerprints for/NS benefits to be taken by INS or other law enforcement agencies.

"By mid-March, all 75 free standing ASCs will be open. For those who cannot reach the fingerprint sites, a fleet of 45 vans will serve as mobile fingerprint centers or they will be directed to designated
law enforcement agencies (DLEAs) operating under sole source contract agreements with the INS. All DLEAs will use INS fingerprint equipment and receive INS customer service training."

This tends to confirm our belief that things are moving slowly on the contract front. For all we know, they are still fingerprinting manually.

By the way, I think the decline in the stock is based, simply, on lack of news.



To: jean who wrote (6988)3/4/1998 4:49:00 PM
From: Elvis Jones  Respond to of 26039
 
Key paragraphs I found.

During its first ten months at INS, the newly-created Executive Office of Naturalization Operations has achieved several significant accomplishments. The primary focus has been on creating an organizational structure and acquiring the personnel needed to restructure the naturalization process. As of February 24, 1998, INS had established 23 of 75 planned free standing Application Support Centers (ASCs) and 51 ASCs collocated with existing INS offices. All of these ASCs are currently open and taking fingerprints, in accordance with the FY 1998 Appropriations Act, that required all fingerprints for/NS benefits to be taken by INS or other law enforcement agencies.

By mid-March, all 75 free standing ASCs will be open. For those who cannot reach the fingerprint sites, a fleet of 45 vans will serve as mobile fingerprint centers or they will be directed to designated law enforcement agencies (DLEAs) operating under sole source contract agreements with the INS. All DLEAs will use INS fingerprint equipment and receive INS customer service training.


and

The FY 1999 budget includes $2.1 million for systems development, data management, and the implementation of its Computer Linked Application Information Management System (CLAIMS 4.0). The INS will use ADP and other emerging technologies to support efficient, effective and integrated operations and management. This request includes continued development and implementation of the CLAIMS 4.0 system with additional CLAIMS form types. CLAIMS 4.0 will be less costly to maintain and more flexible to support various reporting requirements. The new system will support 2D bar code scanning, use of debit and credit cards for application fees, deployment of electronic filing, electronic submission to external agencies, scanning of biometric information with access to the electronic A-file, and the use of secure and state-of-the-art fraud resistant documents that include biometric data. A primary feature of the CLAIMS 4.0 system is its "process control" mechanism that will not allow the operators to skip steps or operations unless all data fields are complete.

Maybe the Street is disappointed in the fact the INS won't buy all those TP-600's in 1999. Looks like they could be done later this month.

Happily Long IDX,
Duke

ps. We closed at $8-7/8 and didn't trade below $8-3/4 today. That level is still holding for now.

ps2. I just realized SI's new spell checker does not recognize "biometric". Maybe we're even too futuristic for a website dealing with technology.

ps3. Maybe not. It didn't recognize "website" either.