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


To: Night Writer who wrote (10225)9/9/1998 12:44:00 AM
From: Elvis Jones  Read Replies (1) | Respond to of 26039
 
"Now it becomes an 'I'm from Missouri situation': show me ..."

I'm from Missouri and that says clearly why IDX is playing at $5 and not $25. Show Me the Money!

We like to believe that IDX is a home run stock. But we'll need strong earnings to see that ever happen. Without them, IDX will be only able to muster sacrifice flies -- sacrificing us while our money flies out the window.

Look at the estimates for this quarter. They are 2 cents! Below last quarter's 3 cents and last year's 4 cents. It makes dreams of 18 to 43 cents hard to fathom.

Look at the PEG Ratios on biz.yahoo.com . IDX is ridiculously low at 0.33 (vs 1.25 for the industry and 3.43 for the S&P 500). But it's low for a reason. IDX hasn't shown us anything on the bottom line to cheer about.

I may be missing a great buying opportunity here, but so be it. Show me, Randy. Show me you care about the bottom line and then I'll buy more.

But I'm not selling here. The stock price is ridiculous.

Happily Long IDX,
Duke