VERISIGN -- is the IPO hot? Message Board

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Technology Stocks : VERISIGN -- is the IPO hot?

VRSN 239.17

-0.5%

3:59 PM EST

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To: Frank Perlmutter who wrote (26)	2/2/1998 7:28:00 PM
From: Francis Gaskins	of 29

Went public (1/30/98, Friday) at $14 a share (up 40% from its initial price range of $9 to $11 a share). Jumped 11 points on its first day of trading. Up again today (2/2/98, Monday) reaching an intraday high of $37 1/4 before settling back to close at $31 a share. However, can VRSN hold off competitors GTE and IBM? And how visible is the revenue stream from VRSN's portion of e-commerce? For more about potential competition see gaskinsco.com and select VeriSign

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