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


To: brad greene who wrote (9743)8/2/1998 12:47:00 PM
From: David  Respond to of 26039
 
Hey, I think you guys are onto something . . . . The Royal Canadian Mounted Police! Printrak plays the Morpho/NEC role with the Mounties, but it looks like IDX is getting the live scan. This has to be significant business. Definitely worth a Wendell, or at least a Nelson (Eddy) . . . .

Here's a slightly comforting factoid about the present IDX stock price: According to a column today by financial writer James Glassman, "The smallest stocks (under $250 million) are off an average of 43 percent from their [52 week] highs." IDX, at $7.81, is off 37% from its 52 week high of $12.375.



To: brad greene who wrote (9743)8/2/1998 5:27:00 PM
From: Rob C.  Read Replies (2) | Respond to of 26039
 
Brad,

I will be selling calls on Monday and Tuesday....probably half each day, I am hoping to sell the 10's on this hype. Hype is that this is, but will represent an excellent money making opportunity. I may even buy some stock at the open on Monday morning , if I can get 2,000 shares some below $8.00 and sell it at the close Monday. If we get some legs here, we may even trade above $10.00, if that is the case, I will sell half Aug 7.5's and half Aug 10's. Remember we have to fill the gaps in the chart. Also realize that the market is real ugly, and Monday could be really ugly. I am looking for a miny crash.
Trading may be halted.

Luck to all...boy does it feel better that IDX is a play once again. I haven't made money on the dog in a while.

Regards,

Rob