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

To: Miguel M. de la O who wrote (8343)	5/14/1998 8:27:00 PM
From: Loretta Fern	Read Replies (2) \| Respond to of 26039

Speaking of the U.K......... Nottingham Police First to Use New United Kingdom National Fingerprint Identification System NOTTINGHAM, United Kingdom--(BUSINESS WIRE)--May 14, 1998--The Nottinghamshire Police is the first police force in England and Wales to go online with the world's most advanced automated fingerprint identification system, known in the United Kingdom as the National Automated Fingerprint Identification System (NAFIS). Designed and installed by TRW Inc. (NYSE:TRW) under contract to the United Kingdom's Police Information Technology Organization, this unique information technology system will eventually link all 43 police forces in England and Wales to a database of up to 6 million 10-print sets and 2 million latent crime scene prints. NAFIS, the world's first system to integrate automated fingerprint technology and criminal justice records at a national level, is scheduled to be operational with all forces by the year 2001. Nottinghamshire Police is the first of nine forces to pilot the system. The other forces include the Metropolitan Police, City of London, Sussex, Hertfordshire, South Yorkshire, Avon & Somerset, South Wales, and Staffordshire. All the pilot forces will be online within the next several months. In the near future, the capability to capture fingerprints electronically will be available from NAFIS. Operators will be able to scan 10-print sets and crime scene latent prints into the system, which will then search the national database and produce a list of possible matches -- giving the police forces of England and Wales a powerful crime-fighting tool for the 21st century. "We believe NAFIS is the most advanced system of its kind to become operational," said Grady Wright, vice president and deputy general manager, TRW Systems & Information Technology Group, Public Sector. "It will improve productivity and provide a powerful integrated set of tools for solving crime." TRW's approach uses a modular, scaleable solution of commercial off-the-shelf products, delivering a system with the flexibility to support future growth and technology insertion. This will ensure that the needs of the police forces will be met well into the 21st century. TRW provides advanced technology products and services for the automotive, space and defense, and information technology markets worldwide. The company's sales in 1997 were approximately $12 billion (including the recent BDM acquisition). The company's news releases are available through TRW's corporate Web site (http://www.trw.com/). sooooooooooooo....is IDX equipment going to be used in the near future to capture fingerprints electronically?

To: Miguel M. de la O who wrote (8343)	5/14/1998 11:09:00 PM
From: David	Respond to of 26039

I doubt there is trouble ahead in inventory and receivables. As you can see from prior posts, IDX has the great majority of its revenues coming in from governments, both federal and local (federally funded, usually). Governments are slow but sure payers. As revenues have increased, it is inevitable that receivables increase. I believe that during the last conference call, IDX management responded to an analyst question on this subject with the statement that a great deal of the last quarter receivables were already addressed in the first two weeks of this quarter. As to inventory, that is probably in part a function of steeply increasing sales rates, as well as the expected shipment of a couple of "slipped" contracts. In any event, the IDX hardware inventory is extremely salable, so there should not be a concern about a writedown.

To: Miguel M. de la O who wrote (8343)	5/14/1998 11:19:00 PM
From: Caroline and Daughters	Read Replies (1) \| Respond to of 26039

I,too, am worried that something else,probably negative, may be going on. When Ascom decided to sell,that action made me very uneasy. Those guys had held the shares for eons. They are in the business of making money so when they sold at such low levels they gave me the indication that either they expect lower prices, or the stock will remain low for the foreseable future. Neither is a pleasant thought. Press releases don't mean diddly to the price of stocks. We used own stock in a company called calgene and they had tremendous releases but the stock never moved. Real sales and incoming cash are what counts. While the Cairo bank deal may be small, bankers talk to each other and when they see that the IDX method is cutting losses in Cairo can Damscus, Riad, Baghdad. Beirut,and the rest of the arab countries be too far behind. If there is anything arabs hate it is being defrauded. I should know I am married to one.