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


To: brad greene who wrote (9165)7/7/1998 10:14:00 AM
From: Hockeyfan  Read Replies (1) | Respond to of 26039
 
Compaq/Identicator Scanner Entry

Compaq First to Announce State-of-The-Art Security Solution To its Business Customers For Under $100

Business Wire - July 07, 1998 08:56

Continuing to deliver the latest technologies that reduce the cost of managing information technology, Compaq Computer Corporation (NYSE:CPQ) today announced the Compaq Fingerprint Identification Technology -- the first affordable biometric security technology offering. This state-of-the-art security product, compatible with Compaq Deskpro, Armada PCs, and Professional Workstations, tightens network security, simplifies the login process and reduces the costs associated with managing large corporate networks. The Fingerprint Identification Technology is available now in limited quantities for testing and evaluation. The product is expected to ship worldwide in August and be priced at $99(1) per node.


Based on the statement "The Fingerprint Identification Technology is available now in limited quantities for testing and evaluation." it is hard to evaluate the merits of the scanner, but I would assume they are using a silicon-based chip to be able to sell the scanner for $99.

****

According to the Biometric Weekly, the scanner uses software co-developed with Identicator, but it appears that they are not using the optically-based DFR scanner hardware, which sells for over $600 in quantity.

>>Compaq has released a small hardware module for use with desktop and
notebook PCs that will allow users to log onto Windows-based machines using a scan of their fingerprint. The device will come with software jointly developed by Compaq and Indenticator Technologies.<<

*****

Overall - We need to hear from IDX about their new line of scanners. Randy will have to answer some tough questions at the conference call about where Identix is positioned in the BIO-ID market and who we are partnered with.

How accurate can a $99 scanner be? The Sony Puppy is $500.

If the individual PC market scanner will cost less than $100 and be intensely competitive, IDX may do better to place itself at the "high end of the low end" in the $200 to $300 range with a product that is more robust and provide customized installation and software management to businesses. Even at 50% margin, it takes 20,000 $99 scanner sales to make $1 million in revenue.

J. Saf (not SAF)



To: brad greene who wrote (9165)7/7/1998 10:26:00 PM
From: art slott  Read Replies (2) | Respond to of 26039
 
Brad, I'm laughing too today. All the way to the bank...or brokerage house.
Whatever happens in the future it is safe to say IDX will never have a 200% gain in one day.

Art