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


To: brad greene who wrote (9436)7/20/1998 3:37:00 PM
From: David  Respond to of 26039
 
Brad, I'm not a technician, but we saw the jump from about $7 to $9 on about 200,000 shares being bought all at once. If IDX can follow up with a major announcement, and the 900,000 shares short are caught up in investor buying, THEN we will see a major spike and we should get ready to consider selling and rebuying a little while later.



To: brad greene who wrote (9436)7/20/1998 5:49:00 PM
From: lizard lick  Read Replies (2) | Respond to of 26039
 
why would that fund do anymore thinking than they did when they
took out the original short position,,certainly you dont think they
freak out over a routine cnbc interview, they probably would
not have a fund if they did. Short here today on a ridiculous
28.85% move up that needs more than a blip of horizontal
resolution.

Good luck



To: brad greene who wrote (9436)7/20/1998 6:05:00 PM
From: steven Probst  Read Replies (1) | Respond to of 26039
 
Brad, I disagree. An announcement of good news,(not hype)by our CEO on a respected nationally broadcasted program like CNBC would be judged much more credible by investors than some hype from an operation like Westergaard. If there is one thing this company needs, it is credibility The market is there, we have superior products, we just need to have the rest of the street believe in what we believe we know. It may be that he had nothing(new) to say, or maybe it was a missed opportunity. Either way, the volume today was impressive and it does look like things are becoming more interesting. Regards, Steve