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


To: steve who wrote (8734)6/13/1998 10:53:00 AM
From: RMP  Read Replies (1) | Respond to of 26039
 
Has anyone heard of a rumor about Smith & Wesson getting into the business?

This past Friday when driving home Bloomberg radio had a short piece on a what I believe was a gun company that was involved with a biometrics company. The point of the short piece was that the biometric company went belly up. They mentioned the name (believe it began with "S").

This industry seems to be ripe for fraud. It is well known that organized crime is involved setting up front brokerage houses for the purpose of stock manipulation. It's sort of ironic that this may be happening with biometric companies. Can't blame folks for being gun shy.

I would like to take the time to thank all those who have made the effort to do significant DD and share their their expertise with the rest of us. It has been very frustrating holding IDX and I would have dumped the stock and moved on if not for the support and info received here. This may be a good time to add to my position but fear prevents me from doing that.

Regards to all - a sort of schizophrenic, ambivalent, not yet happily long IDX investor with hope for the future.