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

To: marvin smith who wrote (10966)	10/24/1998 9:31:00 AM
From: brad greene	Read Replies (1) \| Respond to of 26039

marvin, I think you have hit on it....... Small cap stocks are finally beginning to show some life. "dead cat bounce" may be the correct term for the move from 5 1/2 to 7. With all of the money that has been pulled from other areas of the market....it is only natural that some of it would end up going into a stock like IDX. IDX has really been whacked, as we know.....even though their story has not changed......and has, in fact, gotten better. I really liked the action yesterday......was it a pullback?......I'll take it, if it was.......I don't think any positive earnings news is factored into the stock.....and Tuesday is just around the corner. My hope is that IDX can show enough top line and bottom line.....to get Lehman and Soloman to raise estimates......And, through a bullish conference call, to up-grade their opinions. If IDX can do this....forget about your resistance levels. I think IDX also has a very large and very important project in the wings......one that will open some eyes about the future of biometrics and IDX......and change everything. Lorretta will use words like "Bingo!...and Oh Momma!....etc." Not that it will effect the earnings call next week....but it is in the pantry. Oh well.......Whatever will be will be. 3 cents would be good.......4 cents even better. Clear evidence that the 18 cents for the year is way too low would be wonderful. As always.......I have my fingers crossed......and a nickel under my pillow. I really have a hammer in my hand......and a tool belt around my waist. .....see ya later. bg