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Technology Stocks : Identix (IDNX)

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To: David who wrote (13673)	5/26/1999 4:23:00 PM
From: David	Read Replies (1) of 26039

Some VRSN news reported on its thread: Message 9777288 Two interesting excerpts: " The major new news centered on VeriSign's plans to add transaction-based service offerings to its current portfolio of subscription-based digital certificates. We believe these services have the potential to generate strong incremental revenues and operating leverage beginning in late 1999." Translation: VRSN is trying to move its business model from licensing to per-click revenues. Long range, that is a good precedent for IDX if they succeed. "VeriSign is expected to launch two transaction-based services this summer: digital notary services (guaranteeing that documents were created and received by specific people at specific times), and a business-to-business directory allowing businesses to check the identity of online trading partners). These services will leverage VeriSign's existing facilities and infrastructure." We need to keep an eye on the first item: They could be partnering with IDX for per-click security services, or they could be bypassing us with some other kind of system, like simple tokens.

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