SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: g.w. barnard who wrote (9442)7/20/1998 7:17:00 PM
From: brad greene  Respond to of 26039
 
gw,

6 points in a day would be something.

Identix may go back down......It may also go up to new highs. Lots of folks may be reading reports by Soly and Lehman.......

And you know as well as I that there are some interesting developments ahead. National attention will become more frequent starting.....now.

If you are willing to risk not being in the stock should a large price run up take place....then selling would make sense.....part, all, whatever.

If IDX had run to $12.00 today....I would be more agreeable, but at $8.00......I think this is not that big of a deal. I don't think IDX ever should have been below $8.00 in the first place.

We will find out tomorrow....and the days to come. Watch your newswire.......stuff could happen anytime. My experience is that big news always comes just after I sell.

I think the "swing thought" was made very early in the interview......Microsoft type grasp on a 3 billion dollar industry......anything after that would have been ignored......I'm happy that he did not disagree. I think Randy received the bombshell well and did not do anything silly......He said that he felt that IDX stock was undervalued based on their prospects......The contracts will come over the news wires.

Watch out for many who know what is happening....and want a new entry point...and the screamings of lots of short folks who might be worried about IDX spitting out a few major contracts over the next little while.

It would be a shame if those who have written covered calls get their stock called away. A real shame.

bg

ps. Just my opinion, Bubba....and watch my horoscope! I must now go break all of the glasses I've touched today.