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Technology Stocks : Entrust Technologies Inc (ENTU)

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To: Happy Harry who wrote (604)4/16/2000 10:02:00 PM
From: Bill McEachern  Read Replies (1) of 1205
 
Harry,

On March 31st you were wishing for a NAZ run to set up for the earnings announcement on the 18th. Pray for a market break by late Monday or the best quarter in the world will get drowned out in the general market carnage.

It now looks like ENTU made its catchup run with Verisign too late in the Internet hype curve. The party ended before the gap could be closed. It will now take quite a while to re-test the previous highs. Sigh. Still a very good long term buy at current levels though.

Lots of stocks are starting to look cheap. Those investors that have the cash and can guess the bottom will do quite well. I've read that those that bought the day after the Oct '97 crash made a tidy sum within a few months.

Bill
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