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

To: David who wrote (12347)	2/2/1999 6:45:00 PM
From: Caroline and Daughters	Read Replies (1) \| Respond to of 26039

I have been in the stock market since 1963 . I thought I had seen everything but I guess I haven't. This Company claims at its CC that they can save or eliminate the help desk for passwords. If that is the case why can't their salesman point this out to companies like Intel where they probably have 10 people answering password questions. This is more like a million dollars a year for Intel . There are probably hundreds of companies like that. Could it be that IDX has NO SALESPEOPLE and the company actually waits for business to come to it? I am starting to think that to be the case. With all these millions in sales yet the earnings keep getting lower. Very puzzling. Robert Cordiano I am beginning to agree with you (just a little though) about Fowler. I am starting to think that he needs a real manager i.e. COO. Either this Company does not want to or does not know how to secure the help of pushers to get pilots implemented and deals pushed through faster. This is getting rather maddening. Jean . Your letter arrived.Thank you. Next years oranges will be better mark my words. Grunt

To: David who wrote (12347)	2/3/1999 1:20:00 PM
From: R. Jaynes	Read Replies (1) \| Respond to of 26039

David, Re: Where are we now? Generally speaking, your assessment seems pretty good - time will tell. I couldn't really find anything that did not seem possible or plausible. There is some grumbling and foul language going on over at Yahoo today and, of course, they are unhappy with the stock price and with Randy. So what else is new? As for me, I can understand everyones' frustration; I feel it every day. But at times like this I'm reminded of Warren Buffet who says he invests in companies, not in stocks. He also says he wouldn't care if the stock market closed for 10 years. And in a way, of course, he is right. So, for the moment let's forget about the stock price and the market and see how/if our/my perspective changes how we look at the company. If we forget the market and the stock price I think most of us would come to many of the same conclusions as you have done in your "Where are we now?" post. We would say this company and industry have come a long way in two years. We would say there is a huge market out there that needs IDX's products and services. We would look at IDX and say they are still the leader in its field. We would say that when/if this industry takes off our company should make money hand over fist.....We would also say there are some issues like privacy and the stigma of fingerprinting that need to be overcome. We would also say the company has increased the top line well but we are lacking on the bottom line. We would also say prices for equipment are dropping steadily and margins will be harder to maintain, etc. etc, etc. What I am trying to say is that if we were investors in IDX as a private company I think most of us would feel quite differently about our investment. We would concentrate more on the future and its possibilities than on the current quotation of the value of our stock and we would look back over the last 2 or 3 years and say, "Generally, things are coming along nicely." Now my preaching is done. Everybody can blast away at me. Go ahead, tell me I've got my head in the sand if you think so. Or you can agree with me and add your own comments. I've got thick skin. Rick