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Technology Stocks : Entrust Technologies Inc (ENTU) -- Ignore unavailable to you. Want to Upgrade?


To: Yankee Trader who wrote (658)7/5/2000 7:17:55 PM
From: Guy E. Fleming  Respond to of 1205
 
Frank was making a joke because of the huge drop in price today -- the stock was cut in half. We all wish it had been a "real" split!



To: Yankee Trader who wrote (658)7/5/2000 10:45:10 PM
From: brad greene  Read Replies (1) | Respond to of 1205
 
PKI Security Solutions

Yankee,

I took advantage of this situation today to pick up an initial position of 500 shares. I almost fell off my chair when I saw what the market did to ENTU today......CA also, for that matter.

I follow Identix (biometric authentication) and Verisign.(PKI)...as favorite computer security stocks...and believe this is a gift.

Computer security will be a very critical area going forward......and ENTU will be a major player...IMO.

I saw VRSN get hit down to $88.00....and was pounding the table......ARBA at $52.00...same deal. The market sometimes takes very great stocks and cuts them in half for any disapointment......I have been making a living off of these market overreactions......and here I am.

I have no idea what the market is thinking these days.....but when very high quality stocks like ARBA, VRSN, IDX, CA......and so on, get hit like this.....I jump.

Jeeesh....you take a look at the Yahoo thread...and the short groups are working this.....Go figure.

ENTU is 75% off it's 52 week high.....has 11 million shares in the float.....10%+ already in short position prior to today's event......and people are thinking this is a good short?

They must be nuts!

I think this is an easy double.....or triple. ENTU at $40 means that VRSN should be at $60......IMO.

Good Luck to You

bg