Business Law1
The full name of the first company I chose is Entrust Technologies Inc. The state and year of incorporation is Texas in 1996. The company was a spin-off of Nortel Networks. The worldwide headquarters for the corporation is 4975 Preston Park Blvd Suite 400 Plano, Texas 75093. The Chief Executive Officer and President of the company is John Ryan. The number of shareholders is in the 26, 000 range and the stock is traded on the NASDAQ. The ticker symbol for the corporation is ENTU. The CUSIP number is _________. The price range of Entrust Technologies from 1998 – 1999 was $24 upon opening on January 1, 1998 and it’s close was $60 on December 31, 1999 (See chart 1.1, attached to back of paper full year price range). The corporation has many subsidiaries that it recognizes: Entrust Technologies Limited, Entrust.net, Entrust Technologies (United Kingdom, Switzerland, Japan), Entrust Technologies GmbH (Germany) and CygnaCom Solutions. “Entrust Technologies Inc. provides products and services to ensure secure electronic communications and transactions over the Internet, Extranets and Intranets.” (http://biz.yahoo.com/p/e/entu.html) The company is ahead of its game in the Internet business. A lawsuit was filed
Entrust Technologies Inc. was a good buy. I disagree with the critics on this one. When I bought the stock on January 20th it was at $56 1/2 and it rose up and down slowly to 92 7/16 on March 2nd. It jumped to 125 1/2 per share on March 9th and then fell again slowly to a price of 59 7/8 on April 13th. That was the week the stock market went haywire. I do have faith in the stock based on my research and against the critics. To conclude, ENTU is not a good long-term buy from the standpoints of most analyses. It will not produce the results the shareholders are looking for. Stick with it though, I feel the stock will pull it out in the end. There are literally hundreds of competitors in the computer services business. AutoBytel Com Inc., Agency Com LTD, Publicard Inc, Zapme Inc., Knot Inc. and Paychex Inc. are just some of the companies that compete in the business with Entrust Technologies (See 1.2, attached file regarding the competitors). BroadVision is the leading company for supplying personalized e-business applications. Rival Software Company Art Technology Group Inc. paid BVSN $15 million to settle a claim that Art Technology Group Inc. infringed on its software patents. “The idea that they were able to defend their intellectual property was positive…They defend their turf”, exclaimed Shayna Malnak, an analyst at Williams Capital Group. Their stock shares rose 10.3 percent after the rival agreed to pay the settlement. BroadVision also has many more rivals in the Internet Stock category: Amazon Com Inc., Broadcom Corp., Spyglass Inc, and Verio Inc are just a few (See attached 1.4 for complete list). BroadVision Inc. has no legal subsidiaries that it recognizes as such. Please see attached file 1.3 for 1998 – 1999 price ranges for the stock.
Some common words found in the essay are:
Entrust Technologies, Williams Communication, Technologies Inc, BroadVision Inc, VectorVest BVSN, District Virginia, Technology Inc, Extranets Intranets”, ReeseGroupcom BVSN, ENTU ENTU, entrust technologies, williams communication, relative safety, below average, broadvision inc, march 9th, technologies inc, 1998 – 1999, bought stock, stock market, publicly traded, art technology inc, chief executive officer, entrust technologies inc, name publicly traded,
Approximate Word count = 1785
Approximate Pages = 7 (250 words per page double spaced)
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