Mark, until May 15th I think things look good.
Btw
As long as we have Gladmans out there internet security stocks look good too.
>Despite the rout in the tech sector, few areas have weathered the storm better than the Internet security software and services sector.
Given the information technology imperatives to protect corporate assets made vulnerable by the ubiquity of the Web, enterprises have since 1994 embraced increasing numbers of security solutions. These include firewalls, antivirus, intrusion detection, virtual private networks and many others. Two significant segments of security that have yet to be meaningfully addressed, and therefore represent a sizable market opportunity, are application security and security management.
The bloom is off the (pure-play) dot-com rose. However, traditional enterprises continue to embrace the Web, deploy Web-based applications in increasing numbers, and, consequently, they have a greater need for security.
In an Information Week survey of 150 information technology managers at Fortune 1000 companies, security was listed as a No. 2 priority in designing and building an e-commerce infrastructure. Another survey found the number of companies spending more than $1 million on security solutions has increased from 12% in 1999 to more than 25% in early 2001. Various analyst reports project spending by enterprises on security to range from $10 billion to more than $13 billion by 2004. |
