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Technology Stocks : Secure Computing - Integrated Network Security
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To: GM who wrote (881)1/12/2000 8:43:00 PM
From: J L Segal  Read Replies (2) of 930
 
GM, I think you've been here maybe as long as I have, since the beginning?

"What's your short term ( 1 month ) and long term (1 year) target for Secure"

Well, since I'm not a 'technical' trader, I have no idea where SCUR is going in the next month. Although I do feel there's a very good chance we could see last winter's highs very soon - that is, if the RSA Conference goes well (which it looks like it should) and the earnings announcement & conf. call are very positive for the future (which, judging by the way the stock has been trading - appears to be likely - someone definitely knows something for this price rebound to keep up it's force!). Oh, and don't forget all the insider buying - another strong sign of a successful turnaround in progress. SCUR has been awfully quiet since McNulty took over - keeping all the good news to themselves? Actually, they've probably been working quietly behind the scene with the instutional investors, trying to build back their respect. I hope to be enlightened in a very positive way soon :-)

JL

p.s. I may have missed the chance to take some profits last year, before the nosedive, but I did manage to pick up some additional 'cheap' shares around the low - therefore, I may lighten up my position (only a bit) soon, just as a precaution.
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