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


To: Buck who wrote (10218)9/8/1998 9:44:00 AM
From: brad greene  Read Replies (1) | Respond to of 26039
 
Buck,

My point is...."how much juice can you squeeze out."

The shorts have had their day....no doubt. The small cap market has tanked....biometric stocks have been hammered....the market has corrected......They have had the best of all worlds.

I think that the upside for the shorts is very limited at this point....and the downside for them is much larger. I would not be saying this if IDX were trading at $14.00 per share.......but at $5.00.....or 1x this year's sales.....I think it is a very valid point.

We shall see........IDX can help.......if they can get some exciting news flying out the door.

bg