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To: Larry S. who wrote (36225)12/22/2001 11:38:57 AM
From: Jeffrey Beckman  Respond to of 53068
 
ENFS.ob is one of the picks I PM'ed in already

Entrust Financial is a mortgage refinancing company, once in the $3 range, now about 12 cents. Business has been turning around with the lower interest rates, and they've been profitable the last 2 quarters, earning .02 in the September quarter, despite some Sept 11 related slowdown.
I've interpreted their PR's to expect .03 this quarter.
The stock has tanked since earnings largely due to their
announcement of a 10:1 reverse split in an effort to get a listing. It is somewhat bad TA wise, but I figure there may be a decent %gain on either a)getting the reverse split over with or b) cancelling it. Whether it happens before the end of January is a bit of a gamble though.