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


To: brad greene who wrote (12739)3/16/1999 11:01:00 AM
From: R. Jaynes  Read Replies (2) | Respond to of 26039
 
Brad,

<<IDX has now gone from $10.00 to $5.75 in about 10 weeks.......or down 42%.......while the market has done rather well.>>

The market has NOT done well. The advance/decline is terrible and only small pockets of the market are doing well. I think we are in a dangerous situation right now marketwise. In the papers and everywhere we keep hearing about the Dow 10,000 but that's very misleading as I'm sure anyone who does not have the nifty-fifty or internet stocks in their portfolio can attest. However, I must add that when IDX bottoms out (where will that be?) it should be another good buying opportunity.

Rick