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Technology Stocks : Entrust Technologies Inc (ENTU)

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To: Happy Harry who wrote (710)9/26/2000 1:52:22 PM
From: Bill McEachern  Read Replies (1) of 1205
 
I think the Motorola announcement is probably the more important of the two. Mentioning Cisco is good PR though.

The volume and price movements are huge in a flatish market. I don't think these two announcements could have cause this big a pop.

IMHO, its more likely the analysts think that ENTU will in fact meet the quarter. The volume is way to big for day traders to be driving this. Whether they are guessing or have been signaled through a back channel ... we'll soon know. Waiting for a news article quoting an analyst or two.

Bill
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