December 29, 1999 |
Among Tuesday's new stock ratings issued by Wall Street analysts: * Aspen Technology Inc. (AZPN; close and change: $27.38, up $1.50) was rated new "buy" by Jefferies & Co., with a $37 target. * Diversinet Corp. (DVNT; $22.88, up $4.25) was rated new "strong buy" by Tucker Cleary Capital Markets. * EBay Inc. (EBAY; $139.88, up $5.88) was raised to "buy" from "neutral" by Sands Bros., with a $175 target. * Entrust Technologies Inc. (ENTU; $60.75, up $10.88) was rated new "buy" by Davenport & Co.
March 16, 2000 |
Shares of security software makers fell, led by Check Point Software Technologies Ltd. (CHKP), on concern that the stocks have risen too high too quickly. Check Point, which makes software that guards computer networks against hackers, tumbled $38.19, or 15%, to $208.69--its biggest decline since April 5. VeriSign Inc. (VRSN), a maker of software used to issue computerized IDs, slid $22.88 to $194.75, while rival Entrust Technologies Inc. (ENTU) fell $13.38 to $99.13.
December 6, 2000 |
Rainbow Technologies Inc., a leading maker of computer security products, said Tuesday that it would reorganize the company into four business units as part of an aggressive growth plan that will add up to 100 employees to its work force. The Irvine computer security and encryption company and industry analysts said the reorganization, effective in January, would help Rainbow focus attention on its most promising product lines. The company's stock shot up 18% on Tuesday, gaining $2.
June 15, 2000 |
The House overwhelmingly approved Wednesday the so-called digital signature bill, which would give electronic contracts the same legal status as a signature on a piece of paper. If, as expected, the measure is approved by the Senate and signed by President Clinton, digital signatures could be in use by Oct. 1. The legislation would enable consumers to set up online brokerage accounts, take out a mortgage or execute a home repair agreement without mailing in a document with a written signature.
July 1, 2000 |
Sign on the dotted line. Autograph there by the X. Put your John Hancock right here. Or if you prefer: Slide your "smart card" in the sensor, look into the iris scanner and double-click your mouse. Technologies to verify a person's identity in cyberspace got a big boost Friday when President Clinton inked his name on a bill that makes so-called digital signatures as legally binding as pen on paper.
March 20, 2000 |
While most of the frenzy over e-commerce has focused on Internet shops selling books and toys to consumers, a small group of largely unheralded companies has begun rushing for the real gold mine of the future--business-to-business e-commerce. In recent months, once-obscure companies such as Mountain View-based Ariba Inc. and WebMethods Inc. of Fairfax, Va.