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

To: Ed Flynn who wrote (7315)	3/22/1998 11:11:00 AM
From: David	Respond to of 26039

Got it. Thanks. IDX is going to show, perhaps, another $40 million in TP-600 sales from this in the several quarters, although the profits, as J. Saf noted, will be backloaded. I guess I can live with a finance company making a one-time profit in lieu of IDX having to finance so many machines itself.

To: Ed Flynn who wrote (7315)	3/22/1998 12:37:00 PM
From: brad greene	Read Replies (1) \| Respond to of 26039

Ed, You are correct. Machines are sold to a third party leasing company as an outright sale. IDX has nothing to do with it after that.....except perhaps a non-binding pledge to assist the lessor in remarketing the machines at the end of the leasing period...if new machines are installed. I don't know the lease duration or whether the lease would be renewed or what. I think it would depend upon whether or not IDX has a new model of TP by the end of the lease period. Perhaps the old second hand machines could be offered to those who are looking at new DBII machines? bg