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Technology Stocks : Secure Computing - Integrated Network Security -- Ignore unavailable to you. Want to Upgrade?

To: Lazlo Pierce who wrote (294)	2/12/1998 12:15:00 PM
From: Lazlo Pierce	Respond to of 930

Considering the huge runup yesterday, and the immediate attempts of shorts to take advantage of this for a quickie, the stock has hung in very well. We had opportunities to breakdown, but didn't and it seems the bid/asked is firming up as I write. The CC being over would give excuses to sell the news, but we're hanging in there on big volume (336,000 shares as of 12:10 EST). There may be life still in the short term, especially if shorts start thinking this one might not be a gimme! We'll see.If the company hits its expectations, that would call for a price of ~ 25 -30 by the end of the year, 50x forward earnings for a growing software company growing 60%. Dreaming? Maybe..... :-) Dave

To: Lazlo Pierce who wrote (294)	2/12/1998 1:33:00 PM
From: Michael Brian	Respond to of 930

You might also add that they are just now introducing Secure Wire, which is addressing a new market segment and has industry analysts very excited. Also, professional services is growing very nicely, with about 20 top experts now and 50 by year end. They also mentioned that they have over 200 of the best experts in the world, and over 350 resellers. Referring to the threat of Micrsoft, Cisco and others providing security with their products, management sees this affecting other low-end companies, and actually helping Secure because when customers realize they need higher security, they come to Secure. It is already happening with Cisco, they said. Excellent comments from the analysts!! BTW, all their foreign sales, which are increasing very nicely too, are in US denominated currency.