ETEN - traded between .60 and 1.00 on the day fo the spam. Now at .60.
Subject: Seminole: KKTI Subscriber Alert #1B From: ticker15@hotmail.com Add to Contacts Date: Fri, Feb 1 2002 12:02:06 PM -1700
Happy New Year! Enclosed, please find our latest market pick, including a condensed analysis, just released to our paid subscribers for their January Portfolio, FREE TO YOU, for the New Year. Lets all have a profitable 2002. Your friends at Tequesta.
Quantum Equities Condensed Market Analysis EnterNet, Inc. (ETEN - OTCBB)
Rating: Strong Buy/Acquire
Current Price in US Dollars Price: $1.20 52 Week High: $4.10 (07/17/01) Target Price $4.25 52 Week Low: $ .80 (11/26/01) Price Average 50-day $1.91 Ticker: ETEN (OTCBB)
Snapshot: This Company markets unique software, utilizing advanced programming and communication technologies designed for the complex needs of business and government. EnterNet, Inc. is the first software of its kind to interface the informational void within the Federal, State and Local judicial system(s), allowing for real-time, pre and post court interdiction. EnterNet, Inc. markets the only supporting integration software, which mitigates the jurisdictional authorities, which comprise the growing number of criminal caseloads found in the broadening specialty court system. EnterNet's informational bridge removes prosecutorial, 'left hand did not know what the right hand was doing' scenario rampant within the judicial system.
Competition: The iCyberdate Court Manager Suite system - first of its kind in the market - faces virtually no competition, and has become, even in this short time, the industry standard. The system is greatly complemented with, currently trade named NetMind (NetMind-a division of EnterNet, Inc.) that acts as a security valve (firewall) allowing only one-way access for attorneys, prosecutors, judges, drug treatment specialists, and a variety of other law enforcement agencies, actively participating in the cases.
Outlook: The iCyberdate Court Manager Suite system provides real-time intercommunication and necessary data flow to the judicial system specializing in drug cases, domestic violence, child advocacy, family court, mediation, juvenile court, DUI court, animal advocacy, and traffic court. It has been successfully beta tested and implemented in a number of Florida counties in 2001 and has recently signed an agreement with the Hillsboro County Courts; many other states and county agencies as well as countries abroad have contacted EnterNet as to the initiation of additional testing in their jurisdictions. Additionally, the US Department of Justice, is considering EnterNet's unique system and its universal applications. EnterNet projects its market sector expansion to reach 40% for 2002, thereby increasing its burgeoning market share.
NetMind - This proprietary firewall protection hardware, offers a true 512 bit encrypted tunnel for data and packet handling which completely prevents unauthorized access - paramount in today's judicial setting. This analyst sees EnterNet, positioning NetMind, as a 'stand alone' firewall provider to the Corporate, Governmental or private end user sector. This technological application will prove an extremely valuable and yet untapped revenue stream for EnterNet. The relevance of this firewall technology will catapult NetMind to the forefront of Internet and Intranet security. EnterNet is setting the informational security standard where data and packet handling integrity is vital.
Quantum Equities' strong buy recommendation is indicative of EnterNet, Inc.'s (ETEN - otcbb) control of its market segment due to lack of competition within its sector. This has industry analysts referring to EnterNet as the next 'mini-Microsoft'. The target price, $4.25 US reflects this analyst's near term vision for ETEN as it moves through its 50-day price average of $1.91 and seeks higher ground. General market conditions for EnterNet's products are favorable. EnterNet is positioned to rebound with the market from the September downturn.
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