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


To: steve who wrote (9141)7/6/1998 4:44:00 PM
From: David  Read Replies (2) | Respond to of 26039
 
Steve, I think we are in for a very good week, or at least a good month.

There is no sign of bad news out there. None. We had no preannouncement warning on earnings; we got the DBII suit won; we have the INS installing machines without any competitor announcing they are supplying the INS. In fact, I think this means we have the INS naturalization deal. I am as optimistic short term as I've ever been.

As to timing, well, good news is out today and Tuesday and Thursday are still ahead. Further, I would expect some analyst statement soon regarding the DBII matter. At some point I will try to run some numbers on the TP-600 market and ANADAC revenues.

I'm not a big believer in market maker manipulation outside the penny stock arena. This stock has already turned around from its low two or three weeks ago.



To: steve who wrote (9141)7/6/1998 5:43:00 PM
From: brad greene  Read Replies (1) | Respond to of 26039
 
steve,

No quiet period to deal with.

IDX uses a specialist system....so there are no MMs. Just one specialist who makes the market.

He may be adding to his book or selling out of it. When his book is out of 6 3/4 shares......the stock must go higher. If shorts need shares to buy....the specialist must go get them. If he must raise the bid...well...so be it. The important point is IDX showing shareholders why they should not consider selling at this price.

When it becomes clear that the trend in IDX is up......the large short position will narrow. The shorts risk loosing their big gains......and you just don't know when IDX may begin shooting out positive news.

I think there are many positive events coming up. IDX has many irons in the fire.

bg