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


To: brad greene who wrote (10836)10/16/1998 9:49:00 AM
From: David  Read Replies (1) | Respond to of 26039
 
The Washington Post reported this morning that the federal budget deal included supplemental money in the defense bill for increased embassy security. That kind of item doesn't even get noticed unless we're dealing with hundreds of millions of dollars. That's a potential monster application.

If we get a major announcement or two -- O'Hare might do it -- along with a big earnings surprise (I can read the headline now: "IDX reports $.07 EPS; Flying pigs seen in Trailer Park, Nevada"[November 1, 1998, National Enquirer]), then the stock could double, sure. It would fall back a bit after doubling, but you options players would have a lot of fun.

David

PS -- Thank you, Fred Johnson!