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Datatech

09/06/05 2:01 PM

#188 RE: Hector777 #186

Seems to be alot of confusion. Press release states 10 Million is 20% OF all Outstanding common shares. Previous press release stated 5 Million share buyback. This press release stated Open Market and Private Purchases. Private purchases are usually blocks of restricted. CEO in previous releases and interviews has repeatedly stated IDS intention to split these two diverse divisions into their own separate public entity. Basically done because some investors will want to buy Homeland Defense Stock and not Portal stock and vice versa. But true underlying reasom IMO would be that portal stocks trade at much higher P/E ratios than Homeland Securtiy and Biometric stocks. So having a wholly owned subsidiary that trades at a higher P/E benefits all remaining shareholders of IDWS common stock. Hope this helps, just my analysis of what is going on.