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


To: R. Jaynes who wrote (11385)11/19/1998 3:10:00 PM
From: David  Respond to of 26039
 
Immediate market value of Identicator deal . . . .

The stock seems to have settled into a price range of about $9.38 to $9.75 over the last day or so. Last week, before this event, it was trading in the low $7 range. The difference in market cap can be attributed to the perceived value of Identicator, as well as the reduced risk in investing in IDX/IDT, now that they are on the same side.

IDX got Identicator for $40 million. Since then, its market cap (as adjusted for the additional stock) has increased about $75 million. So far, a good financial deal for IDX.



To: R. Jaynes who wrote (11385)11/19/1998 3:15:00 PM
From: R. Jaynes  Read Replies (1) | Respond to of 26039
 
After a second look, I'm not sure when Randy will be on and, in fact, it may be just a repeat of his interview yesterday. Sorry if I caused some confusion.

Rick