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

To: brad greene who wrote (9468)	7/21/1998 9:49:00 AM
From: BuzzVA	Respond to of 26039

Serious volume already today ~127K shares already changed hands. 63.5K actually, but the point is someone is taking notice.

To: brad greene who wrote (9468)	7/21/1998 12:21:00 PM
From: Miguel M. de la O	Respond to of 26039

From this months consumer reports: PRIVACY WATCH Your fingerprint, please Mike A. Fritz, a reader from Woodinville, Wash., wanted to cash a check written to him for the camping trailer he had just sold. But the bank wanted his fingerprint and wouldn't cash the check without it. "We can understand the bank wanting to verify that the funds were in the account, that the signature was authentic . . . and wanting to see a picture identification," Fritz and his wife, Vivien, wrote. "But requiring anything beyond that is insulting to decent people." Banks in all 50 states--it's unclear how many--now demand fingerprints of people who don't have an account there but want to cash a check. Using an inkless pad, you place your fingerprint next to your signature on a check. If fraud is later suspected, the check is turned over to the police, who try to match the print with those they have on file. The American Bankers Association and law-enforcement groups hail the measure as a crime deterrent. But consumer advocates say it marginalizes people without bank accounts. If they don't want to be fingerprinted, they must use a check-casher, which charges a percentage of the check. Privacy advocates fear the creation of a "Big Brother-like"database (the prints aren't now stored in databases).