Entrust Technologies Inc (ENTU) Message Board

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Technology Stocks : Entrust Technologies Inc (ENTU)

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To: Happy Harry who wrote (652)	7/5/2000 12:51:58 PM
From: Bill McEachern	Read Replies (2) of 1205

Yikes! Its a bad market to pre-announce into. The market is killing everyone who missed their quarter today. When I saw the news I figured ENTU would open 30% lower. Obviously it has tanked a lot more than that. ENTU does not have much liquidity and tends to dip a lot when the market in general goes down, for example. Right now the sellers are having trouble finding buyers. I'd say its a bit oversold now. However, it will take 2 quarters to rebuild confidence in the stock so don't expect to be back to $70 any time soon. If we are lucky it will close above the support level around $42. Bill

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