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


To: Hockeyfan who wrote (7211)3/18/1998 1:13:00 PM
From: Night Writer  Respond to of 26039
 
J. Saf,

Interesting information. Take it one more step down the road. That means all the great research done on this thread may be used by competitors.
NW



To: Hockeyfan who wrote (7211)3/18/1998 1:15:00 PM
From: Hockeyfan  Respond to of 26039
 
Convicts taking care of Grandma?

The WSJ contains a good article today on the front page of Section B regarding background checks for convicted criminals who apply for nursing home jobs. The article holds the State of Illinois out as a state that performs background checks. Although it doesn't mention Identix, we all know who provides the fingerprint services for Illinois.

Problems are cropping up all over. " At another San Antonio nursing home, Crestway Care Center, where in 1995 two female residents said they were raped, half of the 69 male workers had arrest records and nearly one-quarter had felony convictions..."

Nursing homes may look to stringent background checks to protect themselves because, "when trouble strikes, the involvement of a single employee with a felony arrest record can send jury awards soaring."

Wouldn't you want the comfort of knowing your relative was in a safe environment?



To: Hockeyfan who wrote (7211)3/18/1998 1:15:00 PM
From: R. Jaynes  Read Replies (1) | Respond to of 26039
 
J.Saf,

If I read your argument correctly, this may mean that what we are doing here on this thread, finding and releasing information for all to see, could be viewed as contrary to IDX management, and possibly to our own interest. On the one hand, finding and releasing information gives us a better understanding of the company and its prospects and helps us from our investing point of view, and on the other hand, it might provide information to competitors who may use the info to their own advantage thus hindering IDX's competitive position and the stock price. It is a two-edged sword. But when you get down to it, is the info that is released on this thread of a vital importance or is it more general in nature? Much of what we find is more in the realm of trends and possibilities than hard information. I suspect the really important information the company needs to stay competitive is not released by management.

Rick