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


To: Ed Flynn who wrote (9636)7/28/1998 4:49:00 PM
From: David  Read Replies (2) | Respond to of 26039
 
Well, they hit the number on the nose . . . so now we will see the reaction tomorrow to the conference call.

I had predicted $23 million and 4 cents, so I feel that IDX failed to ship a couple of dozen TP-600s they should have. And they beat the 2.8 cents that Brad and J. Saf predicted, so they don't win any bets.

Brad, big day for that teeny little company you love. Congratulations.



To: Ed Flynn who wrote (9636)7/28/1998 4:59:00 PM
From: brad greene  Read Replies (4) | Respond to of 26039
 
Ed,

Sylvan loss not a big deal......It will take some time to get the nation-wide program going....I would overlook this as start-up type stuff. In fact.....add the numbers back in to get a better feeling!

Much more important......SG&A costs as a percentage of sales has dropped 5 percentage points to about 20% of revenue. This is an improvement. (Q4 to Q4)

Lehman Bros. Kessler will like this very much.

The goal is 18%.....and it appears that IDX is on the way to meeting it. Sales growth at the rates IDX is showing, will allow much of this to head to the bottom line.

Not too bad folks........We will need to see what Fowler sees.

Playback of conference call available tonight.

bg