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

To: David who wrote (12898)	3/30/1999 6:30:00 PM
From: Michael G	Respond to of 26039

I believe guilford analyst issued strong buy today...anyone else hear this? merger coming in april...hopefully some good news to follow...

To: David who wrote (12898)	3/30/1999 11:02:00 PM
From: David	Respond to of 26039

Novell and more . . . This responds to the following Yahoo Post 3113: "I am fascinated by some of the connections you have put together. Your last post regarding Novell will keep me up all night. The one thing tearing at me is the lack of even 1 insider purchase. What is your take and does it concern you." A lack of insider buys does not concern me, for several reasons. First, a lot of the pay of IDX management is in IDX stock options, so they get stock without having to pay for it. Second, I'm sure a disproportionate amount of their executive's net worth is already in IDX, so it wouldn't make a lot of sense to further overweight those assets. Both these reasons are commonplace for Silicon Valley public companies. Third, the movers and shakers in Identicator are effectively buying in with stock, since they aren't getting cash for their company. They are getting paid in IDX stock, and they could have turned it down for cash from IDX or someone else. So, as I've posted before, I consider the merger deal at one level to be one large insider buy of IDX stock. As to Novell, I'm still absorbing what is happening myself. I won't do it here, but pull up the past twelve months stock chart on both Novell and Verisign (VRSN). They show dramatic stock price increases, and I think it is related. Both companies are using a business model that relies on a cyberspace not affected by physical layouts of computer networks. Instead, they presuppose complete integration of communications over the Internet. That means an infinite number of combinations of cyber-networks, secured by VPN software and -- very likely -- bio-ID authentication. Novell would coordinate the network through super-directories that maintain user electronic identities; Verisign would administer the "in-flight" protection of communications via issuing digital certificates. And then, what happens to prove you are yourself? You need an authentication protocol, and biometrics has the most secure model. In terms of a business model, it can be run on a per-use basis, so Novell gets a tiny bit of money every time it manages your centralized cyber-identity, Verisign gets a tiny bit of money every time it issues a protective digital certificate. And we hope that one day IDX will get a tiny bit of money every time you authenticate yourself using IDX biometrics. But authentication is the last link in this chain, and I don't think the stock market has quite caught on to its potential presence. Do I think this system is a sure thing? No. But I can see the system moving in this direction. Will IDX get the franchise? I hope so; they seem to have the best chances of anyone right now. What would happen to IDX profits and revenues if this all came to pass one day? It would be almost unimaginable. I'm going to be out of town for a few days, guys. Don't let things go to hell.