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

To: brad greene who wrote (11955)1/8/1999 4:29:00 PM
From: David  Read Replies (1) | Respond to of 26039
 
I was also about to post on the volume, which I usually leave to others:

Day Volume Close

Tues. 43.5K 8 1/8
Wed. 170.0K 9 7/8
Thurs. 225.2K 9 3/8
Fri. 382.7K 9 7/8*

*Before the 4 p.m. guy.

One interesting note -- the stock supposedly had hit $10 intraday, but that was corrected at COB to 9 15/16.

I suppose this makes for good technicals -- Rob, Duke, . . . WENDELL?



To: brad greene who wrote (11955)1/8/1999 4:35:00 PM
From: David  Read Replies (1) | Respond to of 26039
 
About going "internet" . . .

We're not going Internet. You won't see an IDX logo up there on a computer screen in front of tens of millions of people, some of whom are among the greatest fools ever to put money in the stock market. Even the Compaq product has a Compaq logo on it.

If we do get popular enough to say, double the P/S multiple, it will at least keep predators away from the company. That will be the main benefit to us buy-and-hold types.


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