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


To: Rob C. who wrote (11572)12/4/1998 11:49:00 AM
From: R. Jaynes  Read Replies (1) | Respond to of 26039
 
Rob,

Good question - I expect we'll find out sooner or later, probably later.

FWIW - Sylvan got an upgrade of outperform from Legg Mason a couple of days ago -

biz.yahoo.com

after getting a contract in England -

biz.yahoo.com

Rick



To: Rob C. who wrote (11572)12/4/1998 1:17:00 PM
From: brad greene  Read Replies (1) | Respond to of 26039
 
Rob,

You are calling the moves in IDX very, very well.

I must hand it to you.....you know how to make the bucks in working the swings. If you started a IDX swing newsletter....I would subscribe.

The Commission got the run from 5 to 10 right......and have listened to you also. There will be another run....IMO.....and it will be even better...much higher.

Perhaps the insiders do need to sell...and Ascom unload.....but the Ascom shares will go in a large block.....and a major move up because of it.

Nobody likes to think that there are 5 million shares overhanging the stock.....and I think that is what folks are thinking now. Of course, it is overblown.

So where will the next bottom be?

bg



To: Rob C. who wrote (11572)12/4/1998 4:26:00 PM
From: Ron Ohio  Read Replies (1) | Respond to of 26039
 
The Sylvan thing is no big deal. A Bear Stearns analyst questioned the accounting practices of SLVN and the stock plummeted 10%. Naturally partners of SLVN (IDX) got hurt a little over this problem. However, about lunch time Becker of SLVN answered each point of the analyst with a report on CNBC. It was also pointed out that Merrill Lynch and other houses highly recommend SLVN. IDX stock has been working its way back up since. People always become concerned with announced accounting problems fearing the worse. In this case Bear Stearns may have miscalculated the accounting problem. I don't believe there is any problem for IDX except for the minor dip in the stock.
Ron