Entrust Technologies Inc (ENTU) Message Board

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Technology Stocks : Entrust Technologies Inc (ENTU)

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To: Bill McEachern who wrote (762)	11/7/2000 8:18:04 AM
From: Happy Harry	Read Replies (2) of 1205

Bill, any thoughts? Thanx, Happy Nortel Networks has filed documents with U.S. regulatory officials to sell off stock in two companies, Avici Systems Inc. and Entrust Technologies Inc. The Canadian telecom giant will sell US$101.5 million in Avici Systems Inc. stock. Avici, a Massachusetts-based company, makes Internet routers. Nortel owned about 20% of Avici. Nortel has also filed to sell off 1.5 million common shares in Entrust, about 10% of its holding. Entrust is an Internet security company based in Texas. Nortel's shares in the company were worth $46 million.

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