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


To: R. Jaynes who wrote (7451)3/31/1998 7:31:00 PM
From: Buck  Respond to of 26039
 
Wall Street, The Other Las Vegas! "Darvas, Author"

I read this book once and it pretty well explains the way things are. Every so often a stock goes down and clears out all the suckers. Then just as mysteriously, it goes the other way and everyone rushes in. Then guess what, they clear all the suckers out again as it heads back down. To make a long story short, I believe all stocks are manipulated. The trick is to pick a great stock and stick with it through all the sucker moves. IDX is the great stock, but in my opinion we are dead center in a sucker move.
Everyone has to ask themselves if the current price even makes sense in relation to the prospects of this company and the answer is a big NO! Hell the company is almost twice the size it was 2 years ago, has solid deals, solid partners and a solid financial statement. Not only that it has turned profitable and remains profitable. I personally believe we are very close the bare bottom and It definitely would not surprise me to see the stock literally sky-rocket up after all the suckers go home. The truth is that the short scummers can only run a stock down so far and then there is nobody left to play their game. If everybody goes home, then they lose to!

Pissed, but still all IDX!



To: R. Jaynes who wrote (7451)3/31/1998 7:35:00 PM
From: TerryKrohe  Read Replies (2) | Respond to of 26039
 
1995 rev: 20 mil
1996 rev: 38 mil
1997 rev: 52 mil
1998 rev: 80+ mil
1999 rev: 120? mil ______ assume 50% growth
2000 rev: 180? mil

Assume 10% of rev hits bottom line; then 2000 income = 18 mil
OR $0.72/sh

at 50% growth = 50 PE --> share price of $36

I can wait.