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


To: Night Writer who wrote (8821)6/18/1998 1:04:00 AM
From: Buck  Read Replies (1) | Respond to of 26039
 
I finally am in better spirits about some of our prospects. Specifically we went to dinner with some friends of from Eureka Springs Arkansas. My friend Denny is a school teacher there. He was telling me about problems he and the school are having keeping kids off the internet and the computers when the teacher are off somewhere. He said he didn't think he had a problem until he came back into the room and checked the history on the computer, then WoW! I told him I had the answer to his problem and that it would work as long as their computers used Windows NT. He is going to the principal and request the money to buy some of the new scanners.
In short, when we finally do introduce our low priced F3 scanner, there is an enormous market out there for it. I believe the response will be overwhelming!

Duke, if we get back to 8, then why not 10, 12, 14 , 16 ,18 or 20.
Point being, that when we break this down trend and finally do turn up, hold on until it breaks the resistance level down again. I think when it turns back up above 8 our main troubles will be over.
I am more worried about this present talk of 5 or 4 1/2 as that may cause a chain reaction of damage. There is no reason for the company to let this happen if we are going to hit the earnings this quarter. A lot of things hinge on the stock price including personal guarantees by the owners and directors of the company. I can't see where it is in anybody's interest to let the stock continue to slide. I already know of at least one brokerage firm that is restricted from selling anymore stock because the main stocks they were touting have put them below their limit. One of those stocks is IDX. They are involved in a lot of the more riskier stocks and we are one of their smaller problems.