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


To: R. Jaynes who wrote (8766)6/15/1998 8:05:00 PM
From: R. Jaynes  Read Replies (3) | Respond to of 26039
 
Buck,

Just one other point...would three insiders buy more stock in IDX if they thought something was wrong with the company or its prospects? Of course not! Patrick Morton just bought $78,100 worth of stock. Fred Sutter bought about $145,000 worth of stock. And Randall Hawks bought $39,700 worth of stock. This is not a great deal of money - nevertheless I think it is significant. Golly! When was the last time you saw an insider buy some IDX stock on the open market? And now we have a chance to buy it for ourselves at about 30% LESS than what they paid for it. How can you be in the doldrums about this? becuase you bought at 9 ot 10? If you liked it at 10 you should be jumping up and down with joy for this opportunity! JUMP, man JUMP!!

Rick