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 (765)	11/7/2000 8:53:25 AM
From: Bill McEachern	Read Replies (1) of 1205

Nortel has been selling on a regular schedule. They probably would have sold more and sooner if the stock was up more. 1.5 million shares is about 10% of the 13.1M share float that Yahoo reports at biz.yahoo.com. There are 62.5M shares outstanding. This is a much lower percentage than the last time Nortel sold a block. It should not have a big effect ... they usually sell these as blocks to institutions rather than dumping the shares on the street. It should help liquidity a bit. Nortel has to sell sometime... Bill

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