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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: MrsNose who wrote (10227)11/25/2002 8:23:00 AM
From: Al Collard   of 11802
 
NT-t...in the news:

Globe says Nortel reduces stake in Entrust

Mon 25 Nov 2002

The Globe and Mail reports in its Monday, Nov. 25, edition that Nortel
Networks has sold 1.2 million shares of Entrust's common stock, according
to a filing released by the United States Securities and Exchange
Commission. The Globe's Briefing column reports that Nortel sold the shares
for $3.15 (U.S.) and $3.21 (U.S.) apiece. After the transactions, it owns
9.6 million Entrust common shares. The company, based in Plano, Tex.,
started in 1994 as Nortel's secure networks group and went public in 1998.
Nortel stock closed up a Canadian nickel in Toronto on Friday at $2.58
(Canadian)
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