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

To: David who wrote (10147)	9/2/1998 12:10:00 PM
From: Hockeyfan	Read Replies (2) \| Respond to of 26039

Biometrics Czar Westergaard Speaks ** A Fresh Look At Cyberstation WBN-IDX: Identix (IDX 5 1/4 ASE). John Westergaard Reports. San Jose, CA: WBN spent yesterday visiting with Randy Fowler and management at corporate headquarters where manufacturing is also located, preparatory to proceeding with a complete remake of cyberstation WBN-IDX. The Company will be co-hosting Westergaard/Mallon Security2001 where it will present a new look to investors as tested last week in Portland at the Red Chip Review Conference. Our WBN scenario for IDX remains intact - the Company will be generating revenues of $500mm in five years, netting 8% after tax ($1.50 EPS), and trading at 40x for a target price of 60. Now that may sound like a reach - and indeed it is - but it is a doable reach under reasonable circumstances. More to come..