SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Secure Computing - Integrated Network Security -- Ignore unavailable to you. Want to Upgrade?


To: GM who wrote (903)2/29/2000 8:04:00 PM
From: Mike Maxton  Read Replies (2) | Respond to of 930
 
My year end price target for SCUR is $9.50. However, that's because I went short today, average price about 17 5/8, sold 3000 shares total.

I know computer security is a big deal, getting lots of press lately. I just don't think this company will benefit much by it.

There recent SEC filings don't look good. they recently entered into dilutive financing that will add many shares to the float. Just filed to authorize another 1.9 million shares, which will be used to pay off the convertible financing.

It moved up nicely today, those that were long and got out made a nice profit. I went short, expect to make a nice profit on Friday. :)

mike maxton